Can FAPS or FAP TURBO only trade the big trends?

[PJ2001]

Hello all,

I wondered if there were any such settings where we can avoid the sideways markets and allow FAPS or TURBO to only do it's thing when big market moves take place. It may only be about 5000 pips per year, but I'm cool with that.

Thanks
PJ

[Miksa]

I wondered if there were any such settings where we can avoid the sideways markets and allow FAPS or TURBO to only do it's thing when big market moves take place. you could try to play with FapTurbo_PeriodMALarge and FapTurbo_PeriodMASmall, but trend/sideways identification is $1 MIL question in trading.

if a trade is opened a bit early, then move can never start and trade caught in sideways.

if a trade is opened a bit late, then move can be over soon and trade caught in sideways again ;)

[moneydream]

you could try to play with FapTurbo_PeriodMALarge and FapTurbo_PeriodMASmall, but trend/sideways identification is $1 MIL question in trading.

if a trade is opened a bit early, then move can never start and trade caught in sideways.

if a trade is opened a bit late, then move can be over soon and trade caught in sideways again ;)

Yes I fully agreed with you. Big trend always initiated by market news and I think the only way can do is to modify FAPS or Fapturbo to have a setting to follow market news but then that is also quite dangerous to do so. Correct timing to enter the market is always the big question mark.

[alan]

You're talking about the holy grail here. If FAPS or FAPTURBO could accurately detect the "big moves" all the time then we'd all be billionaires by now.

I'd suggest you play around with the Moving Averages settings on both FAPS and FAPTURBO. To decrease the sensitivity and thus have it trade on "bigger moves or trends" increase the variable. For example with FAPS if you set the PeriodMA to 21 it is MORE sensitive to trend changes. By default it's set at 100.

So like I said, do some backtesting to find out if you can get it to catch the so called big moves.

I still think that FAPS needs some modification in order to get it to better catch the trend. I'm going to be working with a EA coder soon to see if we can build better trend detection into FAPS. Also I believe FAPS needs better "trade reversal" protection or a "ranging market" filter of some sorts.

Good luck with the backtesting PJ