The FAPTurbo Aftermath!
Well it looks as though there are less and less people utilizing fapturbo to extract cash from the forex market.
Dont get me wrong, it’s still a good system but the options for currency pairs is what really limits it’s effectiveness.
So in the meantime I will post some robots that I’m currently using with some good success.
Lucky EA v2b – one of the best FREE ea’s I have tested thus far. this is a scalping EA that trades the EURGBP pair. I find it highly effective and am fine tuning trading times for maximum effectiveness. Will release those presets here when I’m completely satisfied.
Tail Gunner – operates on the principle of bouncebacks. when the market hits a spike, there’s usually a retracement, well guess what that’s perfect for this EA. I have done some fine tuning and exact hours when this EA should be traded for maximimum results. I’m pulling together a preset list pack for this EA. And should have this ready this weekend for download here. I just moved this to my live account so I want to tweak until I’m comfortable then I’ll release. =)
Have fun all! Ciao!
David T
February 8, 2009 at 1:19 am
If you look back to the first week in December on the Daily and Hourly charts and go all the way to December 22nd. I opened a 500 dollar account with Forex.com and quadrupled my account during this timeframe. I had the LRR set at 30. This past week I have also began to get similar results again and have began to track the Daily and Hourly charts. By looking at the charts in this timeframe indicated you see a pattern that is what Fap was designed for. All default settings except for your LRR set to your wants.
It is just like every other EA out there, they are designed for specific targets and types of markets. You know as do others long term traders that you never put all your hopes on one EA, you have to have a portfolio and turn them off and on when the market suits each one, call it a system, you do have to do some thinking as you well know.
I as well have had great success with Lucky. I am not running the 2b version just the v2. I have some trepidation in donating in the current world climate to a person I have never met so Thunder is out of the question.
Tailgunner I have never trusted past demo, not my type of system. Keep up the good work You are providing informational insight as we all have varying results.
February 8, 2009 at 2:03 am
Thanks for the thoughtful commentary and I too echo your sentiments!
EA trading can be a nice complement to manual trading, catching entries that you may have missed during a session or time range. I find it nice to catch a breather using them.
Packing presets on Sunday… Hope you have a great trading week!
Ciao
David T