FAPS only for eurusd m1?

[deejay1]

has anyone had positive results with FAPS on other markets (usdjpy/gbpusd) or is it made specifically for the EURUSD m1?

[alan]

has anyone had positive results with FAPS on other markets (usdjpy/gbpusd) or is it made specifically for the EURUSD m1?

The author of this EA says it is made specifically for the eur/usd on the m1 chart, but a few folks (and some here on this forum) run it on other pairs. The most common second pair I believe is USD/CHF.

I've done a backtest on gbp/usd and it seems to perform similarly to eur/usd.

[BryanA]

FAPS sure shows better results running it on the M5 time frame.(backtesting) I am new to the site. Has there been discussion on applying FAPS to EUR/USD M5 timeframe. If so point me to the thread and I'll catch up.

Oh, by the way, hello to all.

Bryan

[mystikdragon7]

FAPS sure shows better results running it on the M5 time frame.(backtesting) I am new to the site. Has there been discussion on applying FAPS to EUR/USD M5 timeframe. If so point me to the thread and I'll catch up.

Oh, by the way, hello to all.

Bryan

Check out this thread http://www.forexautopilotforum.com/showthread.php?t=227

[alan]

FAPS sure shows better results running it on the M5 time frame.(backtesting) I am new to the site. Has there been discussion on applying FAPS to EUR/USD M5 timeframe. If so point me to the thread and I'll catch up.

Oh, by the way, hello to all.

Bryan

Guys, don't confuse the backtesting timeframe with the live operation time frame. We test on the M5 time frame simply to get 90% modeling quality which better reflect the possible real world performance.

As far as running it on the M5 TF on a demo account I must admit I did not try it. My guess is that it would end up trading less often.