I know there's a lot of you using FAPS...but most of you are just lurking...

I've been using FAPS for almost 2 years now...and I am willing to answer any questions to help you make faps profitable free of charge!

any settings that I have posted or will post in this forum have been demo'd and used on my live account at some point

feel free to ask any question don't be shy

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Hi Earl,
Do you have more than 1 order open at a time, and if yes have you changed you trading stlyle, or other settings, since the implementation of the new hedge rules?

I used to have MaxOrders=2 and StopTime=60. I used to also have a StopLoss=300 but I don't anymore. With those settings and a little baby sitting, I was able to increase my initial balance by about 330% in one year (real account, not demo).

Because of the long StopTime sometimes FAPS would open the second trade at the opposite direction of the first trade, but it wasn't a big issue since most of the time I ended up with a profit. With the new rules I had to decrease the StopTime to 5 but I don't feel comfortable with 2 orders opening almost simultaneously. I am already stuck in two "sell" orders at 1.3521 and 1.3526.

Should I just switch to one trade at a time, even if that decreases my profits? And if yes, do you have any suggestions of any settings change to offset the loss of profit?

Thanks

I ould change brokers if they don't allow you to hedge...this one in one out thing is bogus...

I have many settings as per time wise...

on the M5 I get the best results with 10 trades 240 stop time
runing my added profit maker and the added aggressive hedging..

on the M1 I'm running 10 trades stop time 60...
maybe a little more draw down...but you equity grows
quickly...I would suggest closing all the trades once you get equity around 15-20%

I will try and get the hedge programs cleaned up so the inputs work properly
and I will post all my settings according to how fast, slow or sure you want profits.


I've been running this for just myself...and it's really not all that neat and tidy..

if anyone could help with the hedge programs that would be great.




you are asking why so many orders????

well FAP is a winning machine just space out the orders...you'll get around 98% win rate...grab the equity and close out the losers..

the hedge program allows you to limit your loss...sort of ..

i have been following your thread for a while now,after these years of using autopilot,can you please suggest an optimal setting for FAPS autopilot,i have lost using the default without stop loss,but i believe this EA is profitable with optimal settings.

thanks
FOLPIPS

You can see the results of FAP"SUPERCHARGED! on the website. This is done with more than just settings. It is a complete method of trading. A very effectve method if you look at the live results. And those results are availble if you have 15 to 20 minutes a day.

You are welcome to search through the forum and pick up on my settings I have used in the past. they are also profitable but SUPERCHARGED is much more than just settings. Its an education in the forex market. How it works and how to adjust the EA to perform.

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