For those who think FAPTurbo doesn’t work, you are completely wrong! Dude, this is the real deal…I was really skeptical as there is a lot of BS Forex Products in the market…But so far FAPTurbo has lived up to its hype…yea I don’t make what it claims to make on the sales page, but nonetheless I make enough to be really happy…
But one thing I have learned is that tweaked settings are better than default settings…I have been tweaking the settings and I think now they are optimum.
I also made a guide that I am just going to give out for free to help fellow FAPTurbo members.
Just download the guide from my site : FAP Turbo Settings Guide | FAPTurbo Today
For now, I am just giving it out free because FAPTurbo has helped me earn a decent return and with this you can probably do same. I’d appreciate some thanks if it helps ! Let me know if you have any questions.
I have been hearing from friends that FAPturbo sucked, but couldn’t understand why some people say it is working. I have been considering it for a while now. What’s the link to the website for your free guide, and would this type of EA work on smaller account like less than $1000? or is it once an EA works, it works. It doesn’t matter what account size I have?
Please & Thank You (those are the magic words…Lol)
I have also heard that Fap Turbo is not that good. I have however heard that theres a new robot coming out in July that is supposed to be good. It’s called IvyBot. Has anyone else heard about this? I pretty sure I’m going to get it. Someone let me know if they know something about it.
This will ALWAYS happen with EA’s. Give the same EA to 100 people, and even if they all use EXACTLY the same settings, you’ll probably get 100 different results just as a consequence of data feed, and when they initially apply the EA to a chart.
The situation gets way more complex when you introduce a bunch of parameters that the user can set.
You need to understand that for a small minority of people, even the worst possible EA’s can experience periods where they make exceptional returns just by random chance.
It doesnt actually help that the majority who say a particular EA is working are generally marketing the EA through affiliate sales.
If you think about the basic design of FAP Turbo, you’ll realise thats it does pretty much the opposite of whats actually required to make money, unless your the guy selling the EA, in which case it does exactly what it needs to do to maximise sales. Its quite funny really.
I agree with you about using the same system, methods but different people see different things for that reason we do get different results which reflects profits or losses.
Even if someone will provide a signal with tp,sl and entry price for 100 traders, I bet there will be lots of different results
So the original post was posted on 19th of May 2009 and it is his only post ever, and because he hadn’t reached 50 posts, he was not able to post links properly; and since the original post was over 9 months ago, unfortunately we’ll probably never get to see the settings. :o
Hello guys, I’m new to fapturbo and was doing a lot of backtests with v50 that I purchased 3 days ago. Here are my results! I used all the standard settings, changing only money management to on and increased maxspread because i noticed i was losing a lot of trades at night.
Backtesting results on march 31th, using FXOpen demo account and FapTurbo v50, with all tests starting with $100 (march 1 - 31):
EUR_USD m1: nothing happened!!! why is that ??? scalper is set to off and even though it said it was a good day to trade many times, it never did.
EUR_GBP m15
maxspread=10: finished month with $82.58 and had many small losses
maxspread=6: finished with $82.46
EUR_CHF m15
maxspread=10: finished month with $93.62 with a couple of big losses
maxspread=6: finished with $88.09
USD_CAD m15
maxspread=10: finished with $118.31 !! Profit! Only one big loss but all the other were winnings!
maxspread=6: finished with $118.31
GPB_USD m15
maxspread=10: finished with $80.40 Started the month winning but had a lot of big losses
maxspread=6: finished with $77.73
USD_CHF, m15
maxspread=10: finished with $107.98, One big loss and many small winnings
maxspread=6: finished with $100.41
I noticed that maxspread=10 was always better but I don’t know why I had losses with most pairs (only profit in USDCAD and USDCHF). Is there something that I need to adjust ? I’m using FXOpen instead of IamFX because FXOpen is ECN and has lower spreads and it allows you to create a $100 live account when you want. Also, I don’t know why, but I couldn’t backtest to any date before march, even though I changed the options.
I wanted to test another versions but is it possible to download v49 and v48 ?? Why does my results were so different than what FapTurbo says? I don’t think it’s the broker because of the amount of losses! Help!!! I want profits, not so many losses
I have ForexAutopilot… Its trade fantastic. But the problem is sometime it trade without T/P and S/L. Just 0.0000 on both side. Do you know why…How to set it?
Try being cautious with the new pairs. So far I have found that the safest pairs to trade are the swiss pairs. Rethink your strategy, & demo forward trade until you are farily confident & confortable with the way it’s trading. I think the trick with using EAs is to make them your own - experiment with them until you find a way that works for you.