Quote:
Originally Posted by xchaparro
Eagle I think the FAP and fap turbo works great, just need a little reconfiguration or help for the exits. When you let it hit the stop loss is when you lose money. It will always open some trades in the wrong direction, since the market change base in feelings and news. Maybe we can work together in the exit part too.
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Yeah. I wonder about the wisdom of an exit strategy based on TP only. This is why I use a TP of ten. if there were indicators that would tell you when to exit that would be better than just a simple TP. I havent given a whole lot of thought to this but The RSI is a good indicator of market change. maybe couple that with something else to confirm the exit.
What i dislike is that turbo doesnt have a singular MA trend filter like FAP does and FAP does not have a global trend filter (dual MA filter) to filter out danger zones like Turbo does.
Put both in and either one (FAP in particular) and the EA would be unstoppable!