Sunday, February 5, 2012

FAP Turbo Settings

March 22, 2009 by ZBradford  
Filed under FAP Turbo Robot, Forex Robots

I have received several requests regarding the settings I have been using for FAP Turbo.  First I must mention that FAP Turbo has excellent settings already programmed into the robot, but some settings can be adjusted for a more aggressive position.

I chose to take a slightly more agressive position.  The settings I changed were the LLR (Scalper_LotsRiskReducer) and, Max Lots.

EURGBP         MM   True         LRR 30         Max Lots 10

EURCHF         MM   True         LRR 20         Max Lots 10

Increasing these settings gives you a potentially larger profit margin.  It does increase you risk. So along with a large profit margin your losses can also be larger.  Personally I felt the risk was small due to the success at which FAP turbo trades.

Okay now for a disclaimer:    Understand that altering settings beyond defaults carries a certain amount of risk and should not be done without thorough testing/evaluation on your part first.

Recently spreads have increased with several brokers.  FAP Turbo will not trade if the spread is higher than 5.  This can be adjusted but you must do so cautiously.  After Purchasing FAP Turbo do your research and find a broker with competitive spreads.  I have been doing some research of my own and I will post the results soon.

Visit FAP Turbo Home Page

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