FAP Turbo follows two different strategies while trading and below listed Fap Turbo Settings I am sharing just for informational purpose and you should use and test it on demo account first, If you are looking for Best Fap Turbo Settings and guide which provides professional and tested advice you must get it by visiting this link for Professional Fap Turbo Settings, these fap turbo strategies are-
- Short Term or Scalper Strategy
- Long Term Advanced Strategy
Each of these strategies has their specific currencies to trade as well as specific time period. As they are designed to trade differently therefore the strategies of trading is also not similar. Now in a forex market chart you can see that only one strategy is used but here you can use two different strategies at the same time from a single account and they will appear on different charts.
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The configuration of the program is the main factor that determines the success and failure of these strategies. With some minor changes in their setting, the performance of this program can be modified to a greater or lesser extent. Another important factor is the Lot Size of the FAP Turbo trader’s account. Lot size means the amount of money to be used in a single trade. Now if the size is larger, then there is chance or win bigger or lose bigger. Therefore more risk is there when the lot size is larger.
Demo Account is another important option to start the trading in order the find out which setting will be the best. It is safest way to find out what may happen next during the real trading. You can also try the Autolot parameter which will set the values automatically and the robot itself will determine which value will be the best for trading. Generally, this value is set to 0.005-0.05% of the total deposited fund.
There are also some additional settings which can affect the performance of the robot. Although they are not as important as lot size but surely they can help to improve the performance of the robot. Even slightest change of these settings can make a user a winner or a loser. These settings are discussed in details in the FAP Turbo Guide, but here is an overview of these settings.
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Short Term Scalper Strategy Fap turbo Settings:
In a stable market condition, the robot can find 1 to 5 trades per day using this mode. Fewer trades will be generated on Friday, as the market stays highly volatile. EURGBP currency pair has shown better results while using this strategy, but you can also trade with EURGBP, GBPCHF, EURCHF and USDCAD. The time frame is 15 minutes or let’s just says on a M15 timeframe it is most profitable.
There are also some critical parameters associated with this strategy. It is better to set them correctly before trading. These are:
- GMT Offset: It defines the offset in hours between your GMT and your broker GMT.
- Scalper_Lots: It defines the lot size.
- Scalper_UseMM: Turns on/off the autolot calculation.
- Scalper_LotsRiskReductor: It is the percent of free margin used to open a new order. It can be any number between 1 and 100. But it is only effective when the Scalper_UseMM is running. It also defines the percentage of money that will be calculated to trade by the autolot. For example, if total balance is $500 with the Scalper_LotsRiskReductor set to 10, then the calculated amount lot size will be 10% of that money by the autolot.
- Scalper_MaxLots: Maximum lot size is determined this parameter.
- Scalper_RelaxHours: Number of hours to miss after crossing the stop loss limit is determined by this parameter.
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Long Term Advanced Strategy Fap Turbo Settings:
If you want to follow the global trends in the EURUSD currency pair and want to take the advantage from it, then this strategy is the perfect mode for you. It is available only for EURUSD pair at M1 timeframe. But it is not suitable for small trading accounts because of the margin drawdown. And the trades will take a long period to complete.
There are also some critical parameters and Fap turbo Settings associated with this trading mode which are as follows:
- FapTurbo_Lots: It defines the lot size (Autolot is on when it is 0).
- FapTurbo_LotsRiskReductor: Percent of free margin used to open new order. Can be from 1 to 100. It is used only if FapTurbo_Lots is set to 0.
- FapTurbo_MaxOrders: Maximum numbers of opened order at the same is defined by this parameter.
- FapTurbo_MaxLots: Maximum lot size is defined here.
- FapTurbo_StopTime: The time to delay between first and second opened order is determined with this parameter. But it is only effective when the Maxorders=2 or more.
- FapTurbo_TakeProfit: It determines take profit in pips
- FapTurbo_StopLoss: It determines stop loss in pips.
- FapTurbo_TrailingStop: It determines trailing stop value
- FapTurbo_DurationInHours: It is to determine the maximum time intervals which are allowed to keep the opened position.
- FapTurbo_Hedging: It prevents the opening of a lot of similar position with a single direction. Once activated it will balance the number of positions in each direction and control the total system.
- FapTurbo_HedgingLotReducer: It opens with every new trade with decreased lot size.
- These parameters are most important and the users must need to put extra attention on them. There are also some other parameters which are also can be configured but, they are not so notorious to hamper the trading performance. So once again, to learn these parameters and their values, you should practice with a Demo Account.
Here is one last post about this FAP Turbo Settings. The actual configuration of my account is given below. It is just to give the users of this program the idea about the settings. You should compare them with other records to find the best configuration.
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