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FAP Turbo v50


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Anyone could share their preset file for the optimal settings. Thanks in advance.

 

Saw 2 set of results posted on Forex Peace Army site. One set is using the default settings and the EA is a loser. The other report is a winner but the settings are optimized by the developers and FPA monitor through Investors password.

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  • 3 weeks later...

Try these parameter settings. Subject to your broker you may wish to order the max spread value to below <6

 

EURCHF

 

UseScalperStrategy true

Scalper_UseMM true

Scalper_LotRiskReductor 15

Scalper_UseAutoGMTOffset true

Scalper_StartWorkTimeHour 20

Scalper_StartSessionMinute 0

Scalper_EndWorkTimeHour 0

Scalper_EndSessionMinute 30

Scalper_EURCHF_TakeProfit 6 (5 if spreads are above 3)

Scalper_EURCHF_StopLoss 50

Scalper_OneTrade 0

Scalper_OneOpenTrade false

Scalper_MaxSpread 6

Scalper_UseCustomLevels true

 

EURGBP

UseScalperStrategy true

Scalper_UseMM true

Scalper_LotRiskReductor 10

Scalper_UseAutoGMTOffset true

Scalper_StartWorkTimeHour 20

Scalper_StartSessionMinute 30

Scalper_EndWorkTimeHour 23

Scalper_EndSessionMinute 30

Scalper_EURGBP_TakeProfit 6 (5 if spreads are above 2.5)

Scalper_EURGBP_StopLoss 35

Scalper_OneTrade 0

Scalper_OneOpenTrade false

Scalper_MaxSpread 6

Scalper_UseCustomLevels true

 

USDCAD

 

UseScalperStrategy true

Scalper_UseMM true

Scalper_LotRiskReductor 10

Scalper_UseAutoGMTOffset true

Scalper_StartWorkTimeHour 20

Scalper_StartSessionMinute 30

Scalper_EndWorkTimeHour 23

Scalper_EndSessionMinute 30

Scalper_USDCAD_TakeProfit 9

Scalper_USDCAD_StopLoss 55

Scalper_OneTrade 0

Scalper_OneOpenTrade false

Scalper_MaxSpread 6

Scalper_UseCustomLevels true

 

USDCHF

 

UseScalperStrategy true

Scalper_UseMM true

Scalper_LotRiskReductor 10

Scalper_UseAutoGMTOffset true

Scalper_StartWorkTimeHour 20

Scalper_StartSessionMinute 0

Scalper_EndWorkTimeHour 0

Scalper_EndSessionMinute 0

Scalper_USDCHF_TakeProfit 7

Scalper_USDCHF_StopLoss 65

Scalper_OneTrade 0

Scalper_OneOpenTrade false

Scalper_MaxSpread 6

Scalper_UseCustomLevels true

 

 

GBPUSD

 

UseScalperStrategy true

Scalper_UseMM true

Scalper_LotRiskReductor 10

Scalper_UseAutoGMTOffset true

Scalper_StartWorkTimeHour 20

Scalper_StartSessionMinute 30

Scalper_EndWorkTimeHour 23

Scalper_EndSessionMinute 30

Scalper_GBPUSD_TakeProfit 8

Scalper_GBPUSD_StopLoss 62

Scalper_OneTrade 0

Scalper_OneOpenTrade false

Scalper_MaxSpread 6

Scalper_UseCustomLevels true

Edited by prattpot
minor error
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  • 3 weeks later...
  • 4 weeks later...

These are actual setting of FAPTURBO EXPERT GUIDE

 

Try these parameter settings. Subject to your broker you may wish to order the max spread value to below <6

 

EURCHF

 

UseScalperStrategy true

Scalper_UseMM true

Scalper_LotRiskReductor 15

Scalper_UseAutoGMTOffset true

Scalper_StartWorkTimeHour 20

Scalper_StartSessionMinute 0

Scalper_EndWorkTimeHour 0

Scalper_EndSessionMinute 30

Scalper_EURCHF_TakeProfit 6 (5 if spreads are above 3)

Scalper_EURCHF_StopLoss 50

Scalper_OneTrade 0

Scalper_OneOpenTrade false

Scalper_MaxSpread 6

Scalper_UseCustomLevels true

 

EURGBP

UseScalperStrategy true

Scalper_UseMM true

Scalper_LotRiskReductor 10

Scalper_UseAutoGMTOffset true

Scalper_StartWorkTimeHour 20

Scalper_StartSessionMinute 30

Scalper_EndWorkTimeHour 23

Scalper_EndSessionMinute 30

Scalper_EURGBP_TakeProfit 6 (5 if spreads are above 2.5)

Scalper_EURGBP_StopLoss 35

Scalper_OneTrade 0

Scalper_OneOpenTrade false

Scalper_MaxSpread 6

Scalper_UseCustomLevels true

 

USDCAD

 

UseScalperStrategy true

Scalper_UseMM true

Scalper_LotRiskReductor 10

Scalper_UseAutoGMTOffset true

Scalper_StartWorkTimeHour 20

Scalper_StartSessionMinute 30

Scalper_EndWorkTimeHour 23

Scalper_EndSessionMinute 30

Scalper_USDCAD_TakeProfit 9

Scalper_USDCAD_StopLoss 55

Scalper_OneTrade 0

Scalper_OneOpenTrade false

Scalper_MaxSpread 6

Scalper_UseCustomLevels true

 

USDCHF

 

UseScalperStrategy true

Scalper_UseMM true

Scalper_LotRiskReductor 10

Scalper_UseAutoGMTOffset true

Scalper_StartWorkTimeHour 20

Scalper_StartSessionMinute 0

Scalper_EndWorkTimeHour 0

Scalper_EndSessionMinute 0

Scalper_USDCHF_TakeProfit 7

Scalper_USDCHF_StopLoss 65

Scalper_OneTrade 0

Scalper_OneOpenTrade false

Scalper_MaxSpread 6

Scalper_UseCustomLevels true

 

 

GBPUSD

 

UseScalperStrategy true

Scalper_UseMM true

Scalper_LotRiskReductor 10

Scalper_UseAutoGMTOffset true

Scalper_StartWorkTimeHour 20

Scalper_StartSessionMinute 30

Scalper_EndWorkTimeHour 23

Scalper_EndSessionMinute 30

Scalper_GBPUSD_TakeProfit 8

Scalper_GBPUSD_StopLoss 62

Scalper_OneTrade 0

Scalper_OneOpenTrade false

Scalper_MaxSpread 6

Scalper_UseCustomLevels true

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I took FAP off as well some time ago. Performance was leaking and trading times/pairs needed to be limited.

 

However, I think FAP could be a good performer while aligning it to the news with a news filter similar as MD N1. That might give us the chance to run FAP at least over the full range of pairs as it is supposed and not limit it down left and right.

 

Your concerns/ideas? Who can help and add a news filter?

 

I have added a sililar request for EAKAIN...

 

Cheers

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you can use a crude news filter by visiting forex factory and unclicking the expert advisor button on mt4 should upcoming news give you the worries.

 

Thanks, that would be a traditional/semi automatic approach. I am hoping to get support for the fully automated direction to let the robots handle it. As said, MD N1 is delivering good, next version of Primeval is announced with Newsfilter... I think it is great feature for every scalper...

 

Cheers

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I'm going to build ForexFactory News filter for all the best EAs and I'll add simple database for backtesting - this way You'll be able to check and optimize News filter as You like. Hope I'll be ready soon enough - maybe somebody already has NewsFilter for backtesting.

 

Anyway, this way maybe somebody could even alter Martingale EAs to proform better (or any other EA).

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wininet is a standard DLL file u will find in the windows folder.

 

so u have it

the pb is that it can do things that can prevent you from using this EA if u do not have a valid license

i know because i developed such a solution for my college graduation =))

 

Loopyno

 

What kind of license - I do not need one - It is not hard to get NewsFeed from ForexFactory.com - I do datamining everyday. I could build my own Indicator - no problemo.

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well i did not look at the code ... but there is a possiblity for them to get the trades from the server ... if that is the case they can check who requests the trades :)

so they have a lot of control

 

Loopyno

 

Yes, I'v checked the code - there is no direct (licensed) querying to the server. It uses Function bool GrabWeb(string strUrl, string& strWebPage)

// returns the text of any webpage. Returns false on timeout or other error and "wininet.dll"

So there is no license involved.

 

Now after checking the code of FFCal I found out it is already suitable for backtesting - all I need to do is to download history from ForexFactory and generating correct XML files. It should work even with backtesting.

 

We'll see what happens.

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I have just about given up on Fap T 50. It produced some excellent results only to lose them in one trade. Sure, the sets may need tweaking but Euro/Chf is so unpredictable with much of the Euro being invested in the Swiss Franc which is seen as a much safer option. No high impact news today and it lost double my gains today.
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I have just about given up on Fap T 50. It produced some excellent results only to lose them in one trade. Sure, the sets may need tweaking but Euro/Chf is so unpredictable with much of the Euro being invested in the Swiss Franc which is seen as a much safer option. No high impact news today and it lost double my gains today.

 

What was the entry time of this trade (GMT)? Lets have a look what caused this...

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