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Thread: FAP Turbo

  1. #1
    Junior Member
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    Jan 2009
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    Default 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!

  2. #2
    Junior Member
    Join Date
    Dec 2008
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    USA
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    Default FAP Turbo comments

    Quote Originally Posted by wolfidan View Post
    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!
    This system consists of running two EAs at once, a EUR/USD M1 TF robot (similar to the original FAP) and an M15 TF scalper, the pair recommended as best to use was EUR/GBP- I ran one demo of these at the default risk settings and the return has been about 1% profit in over one month of trading, even with no trading Dec. 24th to Jan. 4th to avoid erratic spreads, etc.
    I ran two other demos during the same period, one blew out running risk at 3.5% for the M1 robot, another demo running same robot at 2% risk is currently at 14% return.
    I would say at least these have been interesting to watch.......
    Last edited by gpcode; 01-04-2009 at 15:48.

  3. #3
    Junior Member
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    Default Fapturbo

    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).

  4. #4

    Default

    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.

  5. #5
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    Default

    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...

  6. #6

    Default piptronic

    Quote Originally Posted by wolfidan View Post
    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?

  7. #7
    Junior Member giovaldo's Avatar
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    Default piptronic=stomper

    hi all

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

  8. #8
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    Default

    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

  9. #9

    Default

    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?

  10. #10
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    Default

    For those of you who are interested in this EA I've made $288.34 in the past 3-4 weeks on a $1000.00 live account with FxPro. The Usd/Cad pair on the scalper strategy is being dropped by most of the FapTurbo members along with the Eur/Usd Long Term Strategy for now. This is using three pairs with moderate risk settings.
    Attached Files Attached Files
    Last edited by mer071898; 01-12-2009 at 20:42.

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