MetaTrader

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US based forex brokers that offer the MetaTrader platform will have some work to do to comply with the latest regulations from the National Futures Association, which will be introduced on May 15th.  So will the developers and users of a lot of forex "robots".

More on New Regulations Ban Hedging

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Yesterday I received an email from Forex MegaDroid support.  It seems as though I'm not the only one having some trouble getting profitable backtest results. Here is an extract:

Due to the many variations in broker-end settings (server time offset, trading times, differences in pricing and spread) coupled with the fact that some brokers implement Daylight Saving in actual trading but do not always apply it to their back-test data, users have experienced a lot of confusion and frustration while attempting to produce reasonable back-tests.

More on Forex MegaDroid Users are Confused and Frustrated

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As luck would have it a new forex "robot" launched to great fanfare last week.  Unfortunately apart from everything else I'm moving house at the moment, so I didn't notice all the hype accumulating in my spam folder until well after the day of the big launch.

More on Forex MegaDroid Sees Into the Future!

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