1°) I don’t like their forum, it shows up your true name, I don’t want to shout all over the world what I’m doing with my money
2°) Since they are the seller, their answers may be biased. Of course some people here could also be biaised but I hope there will be several answers so I can judge by myself.
Why do you say it’s a non related forum ? Isn’t Fapturbo an automated EA for Metatrader ?
The trading strategy doesn’t change and the settings give you flexibility in an ever changing marketplace.
For instance being able to start the EA and hour earlier or stopping it from trading on Monday. I’ve used the EA for over a year and it has consistently made money on a monthly basis. You will have good and bad months. What’s your definition of consistent?
Is there any reason to tweak the default parameters ? Why would you think YOUR parameters would be better ? I mean HOW do you know that yours would be better
Yeah the very definition of consistency is a problem. I won’t extend though I would another day, but that’s the very reason I ask you the question above: how can you know since consistency is so hard to judge.
I’ve been using FAPT for over a year now, so I have a pretty good understanding of how it scalps. On top of that I also run the EA on a demo account parallel to my live account with default settings. This helps me judge the best settings to use as the market changes. Also these settings are best for Alpari UK, however I have had good results with these settings on my other lower spread trading accounts too. You’ll notice that I alter very few settings for this EA. Most of the settings are in fact default.
Hank, could you please post the addres to your site? I’ve had FAPT for almost a year now, and have no idea what some of the setting affect or how they may affect the outcome of trades. I do know using the default settings hasn’t worked out so good for me, then again, I’m on a very small account, so every mistake hurts.
Cool, my last post was done for solicitation. All I attempted to do was direct you to “you know what”. It’s a bit odd that you can’t make reference to “you know what” here. It is after all just my profile. Oops!
Hi, Im new to the forums…
I bought fapturbo about 8 or so months ago… traded for about a month and hit some big stop losses… so stopped it. then about a month 2 months ago I started it again, though hit 3 stop losses about 2-3 weeks ago so stopped it again… I have been reading quite often around the net that fapturbo’s performance isn’t what it used to be… but maybe Im wrong… though I just have a feeling that I was too late in purchasing it and now its basically just marketing… can anyone point me in a good direction for tweaking fapturbos settings?
I only trade a few of the pairs seriously. USDCAD and the USDCHF mainly. These are traded between 21:00 to 23:00 and 20:00 23:00 GMT respectively. Remember your broker is your biggest problem. Use the right broker and you will be set.
Ah apart from the spreads that you get from brokers what other factors determine whether or not your EA will be a success? I am on FXCM-AU. Thanks for the trading times tip, think ill give it a go.
For scalper EA’s the spread and execution times are most important. Also not being given requotes also helps secure maximum profits. FXCM is a well know international broker but I don’t know how good they are with FAPT. I suggest you look at an alternative broker such as Jade Fx (been doing very well with them) and maybe even switch your license when satisfied with their performance. Like I said your broker is your number 1 hurdle.
ok just had a look, i took out all the publisher hits. not sure what a re-quote looks like though.
15:04:36 ‘1003762’: order buy market 0.10 USDCHF sl: 0.00000 tp: 0.00000
15:04:36 ‘1003762’: request was accepted by server
15:04:36 ‘1003762’: request in process
15:04:37 ‘1003762’: order was opened : #2780433 buy 0.10 USDCHF at 1.05823 sl: 0.00000 tp: 0.00000
15:04:48 ‘1003762’: modify order #2780433 buy 0.10 USDCHF at 1.05823 sl: 0.00000 tp: 0.00000 -> sl: 1.04270 tp: 1.06380
15:04:48 ‘1003762’: request was accepted by server
15:04:48 ‘1003762’: request in process
15:04:49 ‘1003762’: order #2780433 buy 0.10 USDCHF at 1.05823 was modified -> sl: 1.04270 tp: 1.06380
15:28:45 ‘1003762’: order sell market 0.10 USDCAD sl: 0.00000 tp: 0.00000
15:28:45 ‘1003762’: request was accepted by server
15:28:45 ‘1003762’: request in process
15:28:46 ‘1003762’: order was opened : #2781348 sell 0.10 USDCAD at 1.06177 sl: 0.00000 tp: 0.00000
15:28:47 ‘1003762’: modify order #2781348 sell 0.10 USDCAD at 1.06177 sl: 0.00000 tp: 0.00000 -> sl: 1.07850 tp: 1.05610
15:28:47 ‘1003762’: request was accepted by server
15:28:47 ‘1003762’: request in process
15:28:47 ‘1003762’: order #2781348 sell 0.10 USDCAD at 1.06177 was modified -> sl: 1.07850 tp: 1.05610
16:19:42 ‘1003762’: close order #2780433 buy 0.10 USDCHF at 1.05823 sl: 1.04270 tp: 1.06380 at price 0.00000
16:19:42 ‘1003762’: request was accepted by server
16:19:42 ‘1003762’: request in process
16:19:45 ‘1003762’: order #2780433 buy 0.10 USDCHF at 1.05823 sl: 1.04270 tp: 1.06380 closed at price 1.05907
16:19:45 ‘1003762’: order sell market 0.10 USDCHF sl: 0.00000 tp: 0.00000
16:19:45 ‘1003762’: request was accepted by server
16:19:45 ‘1003762’: request in process
16:19:48 ‘1003762’: order was opened : #2782759 sell 0.10 USDCHF at 1.05907 sl: 0.00000 tp: 0.00000
16:19:50 ‘1003762’: modify order #2782759 sell 0.10 USDCHF at 1.05907 sl: 0.00000 tp: 0.00000 -> sl: 1.07490 tp: 1.05400
16:19:50 ‘1003762’: request was accepted by server
16:19:50 ‘1003762’: request in process
16:19:50 ‘1003762’: order #2782759 sell 0.10 USDCHF at 1.05907 was modified -> sl: 1.07490 tp: 1.05400
18:10:25 ‘1003762’: close order #2782759 sell 0.10 USDCHF at 1.05907 sl: 1.07490 tp: 1.05400 at price 0.00000
18:10:25 ‘1003762’: request was accepted by server
18:10:25 ‘1003762’: request in process
18:10:39 ‘1003762’: order #2782759 sell 0.10 USDCHF at 1.05907 sl: 1.07490 tp: 1.05400 closed at price 1.05886
18:28:51 Old tick USDCHF1 1.05852/1.05883
18:28:51 Old tick USDCHF15 1.05852/1.05883
18:45:33 ‘1003762’: close order #2781348 sell 0.10 USDCAD at 1.06177 sl: 1.07850 tp: 1.05610 at price 0.00000
18:45:33 ‘1003762’: request was accepted by server
18:45:33 ‘1003762’: request in process
18:45:39 ‘1003762’: order #2781348 sell 0.10 USDCAD at 1.06177 sl: 1.07850 tp: 1.05610 closed at price 1.06194
Your “blog” is in reality a squeeze site - why else do you have the links on the right hand side such as “Buy FAP Turbo EA”, “Buy Megadroid EA etc”, which all link through Clickbank? Also your blog entries often advertise other EA’s and services (FRWC, CashBack Forex) etc of which you are I’m sure an affiiate.
So looks to me to be just another clever way of marketing something you are trying to sell, and part of that strategy is posting on forums such as this as someone just trying to help. And based on the fact that you have tried to disguise this on here by claiming your site is a blog and nothing else, why should anyone believe anything else e.g. your results?