FAP Turbo – How it works
This FAP Turbo Review explains the Forex Robot Trader And How It Will Fully Automatically Trade For You!
As the forex robot negates the fear-greed emotions of trading, just because you see your account in profit do not rush to close your winning position.
For example your account may show a $500 profit on the EUR/USD within a few hours of the trade being placed.
You may go on your merry way with the knowledge that your robot is making money for you, only to find out when you check the following day that the stupid robot is now losing you $600!
You think to yourself ‘OH NO, why didn’t I sell when it was in profit’.
You see … fear-greed emotions are constantly plaguing us well, because we are human and are scared of losing money or get greedy and want to make more money.
But don’t panic, the robot’s strategies, take profit and stop loss are pre-programmed and if you let that losing trade run until it automatically closes you will probably find Less than 24 hrs later the trade closes with $700 profit.
Here’s how the forex robot works.
If you’re in a hurry you can check out all the
forex robot proof here:
There are two modes of operation:
1) Short Term Scalping Strategy
2) Long Term Advanced FAP Turbo strategy
Both of the strategies are built inside FAP Turbo expert advisor (EA)
and can be turned on and off via the EA’s property page.
Both the Long Term and Short Term strategy operate on specific time frames and currency pairs.
You will need to leave you PC switched on 24/7 in order for FAP Turbo to trade successfully.
If leaving you PC switched on is a problem, use this Forex Hosting VPS server option – they can also install and configure the software for you.
You can only attach one strategy per currency pair chart at a time but you can open several charts simultaneously within your trading account.
The scalping strategy uses an unconventional scalping method unlike the traditional scalpers where the robot tries to trade several hundred of small trades in a minute. These traditional scalpers cause instability and are prohibited by most brokers.
The FAP Turbo scalper makes 1-5 trades day aiming for a small take profit value usually 6 to 10 pips when the market is stable, this usually occurs during night time in Europe.
The default scalper settings stop the forex robot form trading during the day (GMT) and excludes trading on a Friday, where the market is too volatile. No trades are made at the weekend.
FAP Turbo Scalper strategy is very safe as it has a low value stop loss and it’s advanced algorithms close the trades according to internal indicators.
As previously mentioned the “Stealth Mode” protects you from dodgy/cheating brokers as the take profit and stop loss values are invisible to the broker.
To use the Scalper strategy you need to select EURGPB, GBPCHF, EURCHF or USDCAD currency pairs on a 15 minute timeframe (M15 in MetaTrader).
What are the scalper’s strong and weak points?
FAP Turbo Weak points:
1) The Scalper strategy has very small take profit from 6 to 15 pips.
2) The Scalper strategy does not work well in choppy / volatile market conditions.
It is recommended that you avoid trading on such days, the robot is programmed to attempt to recognise such days.
FAP Turbo Strong points:
1) It’s Safe – The Scalper strategy has built-in fixed stop loss and sniper-accurate trading signals so the risk is very low and the drawdowns are extremely low.
2) It is very profitable, despite the fact the take profit value is small.
3) You can literally double your deposit within a matter of weeks even if you are trading safe lots.
Long Term Advanced FAP Strategy
FAP Turbo uses an advanced Forex autopilot algorithm, the Trading system of the EA is based on several forex indicators including Alligator, Fractals, DeMarker, and William’s Percent Rate.
The system detects a good trend, confirms it using in-built indicators and then opens the trades to make you maximum profits.
It automatically closes trades in profit when the pre-set level is reached.
- Safer. Now the expert advisor strategy uses fixed stop loss value so your possible losses will be small and limited.
A great number of additional safe filters and indicators have been added to prevent trading in risky / volatile conditions.
- More Profitable. Advanced filters and indicators that were added to the system make sure the robot avoids risky periods with unstable market and makes most of the profitable trades with high accuracy.
- Longterm EA strategy is optimized for the best performance on EUR/USD currency pair in the 1 minute time frame (M1 in MetaTrader).
Long Term Strategy Weak points:
1) It does not trade very often; so don’t expect too many trades every day.
2) Long Term Strategy is optimized to avoid trading during risky market conditions. No trades will be opened on such dangerous days.
3) Trades can stay in the drawdown (minus profits) for some time until they become profitable.
Expect to have a drawdown for a day or even week until a trade finally
reaches the profit target. That is normal and part of the successful system.
Don’t worry too much here, the drawdown is limited by the fixed stop loss value.
Long Term Strategy Strong points:
1) Does not care about the spread size and the volatility of the market.
It has a rather large value for take profit.
2) Long term strategy is a very sophisticated system and can adapt to
nearly all market conditions.
3) It behaved well and made good profit even in volatile / choppy
situations with EUR/USD during the end of 2008.
4) It can survive nearly all hardships and will bring you profit in the end.
Trading the long-term strategy you should take into account that your goal
is to make a profit long term.
You should check your results monthly or quarterly, not every day or every
week. The idea here is to make you a profit in the long run!
So have patience and you will be amazed by how well it works! It can and has doubled trading account values within one month.
Just look at the proof here: forex robot proof here:
Hope you enjoyed this FAP Turbo review – You can try FAP Turbo Risk-Free as it comes with a 60-day money back guarantee!
Back to FAP Turbo Review homepage.
VPS Server – Remotely Host Your FAP Turbo
(Windows, iPhone, MAC OSX)
Read the full FAP Turbo Review
Need more info, you can read an alternative FAP Turbo Review here.
Popularity: 39% [?]
