Thread: FAP Turbo

FAP Turbo Official Website

Can anyone help me? I got into this EA site: it looks too good to be for real! did anybody buy this before? Do you know it?
Thanks for helping me!

Hi Wolfidan. I have this EA. Yes, it does seem to good to be true - however, seems that people swear by it (by looking at the forum). I have been testing it in the Demo environment (only for a few days so far) - looking good thus far. My backtests showed average 40% return per month. Of course live trading may be completely different. They say it is based on several indicators, some of which are Alligator, Fractals, DeMarker and William's Percent Rate. I'll keep you up to date on how well it performs (I will be going live with it shortly).

I purchased this ea based on the fabulous reports.

EA actually consists of two systems in one, long term eurusd and scalping eurgbp.

Tried both, eurusd blew up both of my $500 demo accounts.
Scalping is working so far, nothing spectacular. I'm just waiting for the big reversal to see how the scalping system will handle it.

Thank everybody! This site is helping me a lot as so many good fellow traders around the world are helping each other!
Did somebody also tried PIPTRONIC? I am testing it and it seems to be good...

Originally Posted by wolfidan

Thank everybody! This site is helping me a lot as so many good fellow traders around the world are helping each other!
Did somebody also tried PIPTRONIC? I am testing it and it seems to be good...

Hi wolfidan,
please can you post forward test statement of piptronic here?

hi all

i suggest not buy EA piptronic but she coder same EA stomper.
piptronic thief coder stomper.

Hi

I would not buy any EA unless you can demo it first, but that is just me. If they have a good EA and confident of its perfermance then why not provide a demo its only common sense, if they believe in there system then let the public test it for free.

There is no demo available for fapturbo from what i can see, i like to try before i buy

I might well be speaking out of turn here, because I've no experience of FAP Turbo.

I have seen an advert for it though and from looking at some of the sample trade reports, it seemed to be working on EUR crosses in thin overnight trade scalping 4 or 5 pips profit with a typical 20 pip stop-loss. The markets tend to be ranging at these times, so I would guess it would be typically buying a M1 RSI at, say, 20 or 25 and selling it at 75 or 80.

If this analysis is correct, then it would seem to be typical of the strategies employed by some of the 2008 ATC leaders. There have been a lot of questions asked as to whether this type of EA would ever work in practise as brokers frequently increase their overnight spreads or simply wouldn't take the other side of your order to let you get your positions away.

Or have I mis-read the whole FAP Turbo business and it isn't anything like that at all?