I use m1. Trades faster than m5. Not sure how these settings would fare on m5. Give it a whirl on demo and backtest.

Eagle just posting this for verification is this correct..???

Juan

Lots = 0.0
LotsRiskReductor = 0.2
MaxOrders = 5
MaxLots = 1
StopTime 20
aaa 20
bbb 8
TakeProfit = 20.0
StopLoss = 0.0
TrailingStop = 0.0
UseMAControl = 1
PeriodMA = 21
PeriodMA_0_6 = 0
TypeMA_0_3 = 0
SpanGator = 0.5
SlipPage = 3
SafetyGapDemarker = 0.2
SafetyGapWPR = 0

If you want my exact settings then change the LRR=2 not 0.2
Change Take profit to=10

Everything else is my current settings


If you have a large account you may want to consider raising max lots but You only need to do that when FAP starts trading above 1 lot.

If you are trading <1lot that setting is fine.

Thanks Eagle .... I'm going to try these out .... I'm fairly new to this auto trading stuff and just trying to find my niche'

Hey eagle

You are awesome! changed the settings and it really turned better. It now buys on the uptrend. Have u seen this setting buy on a downtrend??

It seems to. Hopefully it'll rally up again.

Hi eagle

wat does the LRR=2 represent? Can i leave it at 1 first?

Also for Lots to be 0.0 - does it mean FAP will determine the lot size? Will it trade big lots like 1 for small accounts - then it may wipe out the account fast... Or is it intelligent enuf to limit the trade size according to the deposit??

quick question, if I am trading on the metatrader 4 platform wouldn't i need to change the slip page to 30 as directed in the defaults? was just curious..

Only if your broker uses five digits do you have to worry about adding zeros to inpout values.

Example 1.30001 instead of 1.3001

The first is a five digit broker the second is a four digit. It has nothing to do with the platform. The MT4 platform is just table. The broker is the dealer and you are the player.

Blackjack muthaF$%%$^!!!!!!

Nice 1, what broker do you prefer? I am trading with Forex.com as of now, they seem to be on top of things..

I use FXDD which has been good but I am considering IBFX. They have a lot more to offer than FXDD.

So I can only speak for FXDD. Great execution but I wish they had better wire service to access my profits.