Help, FAP buy's too high?

FallingReign · #1 05-13-2009, 11:10 PM

Ive had FAP running for a few days now and ive watched it for quite some time. Im new to the whole forex thing but it seems to me that its not very smart when it trades. You can see from the history of the graph that its cleary only just started to go down and then it buy's on the decline...

I end up in quite far in the negative before it even starts to rise again and then when it does rise I'm lucky to have made any profit at all..

Is this unusual for FAP?

also here are what settings I am running.

Code:

Lots = auto
LRR = 5.0
MaxOrders = 2
MaxLots = 5
StopTime = 100
aaa = 275
bbb = 35
TakeProfit = 50
StopLoss = auto
TrailingStop = 15
UseMAC = 1
PeriodMA = 2
PriceMA = 3
TypeMA = 2
SpanGator = 0.1
SlipPage = 3
OrderMagic = 231313
SafetyGapDemarker = 0.2
SafetyGapWPR = 0
StartWorkTimeHour = 0
StratWorkTimeMin = 0
EndWorkTimeHour = 0
EndWorkTimeMin = 0

moneydream · #2 05-15-2009, 12:08 AM

Quote:

Originally Posted by FallingReign

Ive had FAP running for a few days now and ive watched it for quite some time. Im new to the whole forex thing but it seems to me that its not very smart when it trades. You can see from the history of the graph that its cleary only just started to go down and then it buy's on the decline...

I end up in quite far in the negative before it even starts to rise again and then when it does rise I'm lucky to have made any profit at all..

Is this unusual for FAP?

also here are what settings I am running.

Code:

Lots = auto
LRR = 5.0
MaxOrders = 2
MaxLots = 5
StopTime = 100
aaa = 275
bbb = 35
TakeProfit = 50
StopLoss = auto
TrailingStop = 15
UseMAC = 1
PeriodMA = 2
PriceMA = 3
TypeMA = 2
SpanGator = 0.1
SlipPage = 3
OrderMagic = 231313
SafetyGapDemarker = 0.2
SafetyGapWPR = 0
StartWorkTimeHour = 0
StratWorkTimeMin = 0
EndWorkTimeHour = 0
EndWorkTimeMin = 0

You might need to change aaa and bbb setting. Obviously these set too far away from the accurate entry point. My setting is aaa = 49 and bbb = 6 or you can follow some setting from members posted here.