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Forex Autopilot Settings and Back-Testing New threads posted to this board should include a log of back-testing results as well as the settings used to arrive at them.

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  #1  
Old 11-02-2009, 04:13 PM
jmfolcik jmfolcik is offline
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Talking input settings

I'm using different aaa and bbb settings of 20 and 8 respectively that I got from someone I know who did some back testing, and I confirmed it is a good setting slightly better than defaults (at least the months I went and back tested through)

I've thought about stop loss before. FAP has put on a buy in the past sometimes then some market news could come out and the buy would stay on and go down hundreds of dollars, this really stinks if it happens overnight and you wake up to see a -80 buy on and the current trend is going down down down. This happened to me when the Euro got to 1.5 and then started its massive 300pip drop in about two days time.

Anybody done some back testing with stop loss settings in FAP? There is an input labelled stop loss so I'm assuming it works. A low stop loss of like 20 or 30 would probably get hit too often, but what about one in the 30-100 range that would avoid leaving you in limbo with a bad buy or sell, while you pray the market changes, and also aren't making any money when you could be.

Last edited by jmfolcik; 11-02-2009 at 04:21 PM.
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Old 11-06-2009, 11:47 PM
TheKid TheKid is offline
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stop loss just does not work my friend. I am up big money off my 5000 account. I have no stop loss and I am not scared of being down 3000. I have been, BUT i waited and it came back and gave me profit. think about it my friend
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Old 11-07-2009, 12:20 AM
TheKid TheKid is offline
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If you are scared, mentally, you cannot trade forex...you will lose, my friend.
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Old 11-20-2009, 11:58 PM
Earl Earl is offline
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your better off just losing the stoploss and letting FAPS roll

with low risk and patients you can make a nice profit
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Old 12-06-2009, 09:37 AM
^eagle^ ^eagle^ is offline
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Quote:
Originally Posted by Earl View Post
your better off just losing the stoploss and letting FAPS roll

with low risk and patients you can make a nice profit
Earl! How ya been! looking to revive FAP here shortly.
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  #6  
Old 12-08-2009, 10:37 PM
Earl Earl is offline
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really Eagle I'm game....

but the way I run FAPS is not for the faint of heart....

I love manual trading but I get distracted a lot and miss great ops

I have FAPS running on a small account... with different settings
and a few additions of my own

for example it made around 300 dollars today alone.

What ya got eagle I'm interested to know
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