Hi all

im a newbie here. Just bought the FAP few weeks ago and have been running it on a demo account. Got to say it's pretty good with consistent small profits.

But sometimes i just don't understand why the FAP stupidly places a sell on an uptrend. I look at the chart, it's going up, and it go for a sell. Although the manual did say to be patient...well i left it to run and for some time, it did go back the opposite direction and closed the trade in profit.

However, recently last week, it placed a short position on thursday at around 2345(server time), and it went uptrend the whole day on friday. Then when market reopens this week, it went furthur uptrend, causing my 'losses' to be around 900$. Just the past 2 days, it went up close to 400pips. If the stupid robot has traded long, it would have been profit.

Btw i use default settings with lots@0.2. Just to do some testing. The frustrating thing is it just go against trend. And i actually leave it to run 24/5 while i go out for work. Come back to check at the end of the day.

the thing is -- when i leave it alone, it pretty hard to monitor what the robot is doing. esp in some cases when i see it go against trend.

Anybody here got the same experience. Is there any setting to better tweak it?? Thx

Some people here have mentioned that you can push FAPS to only buy or sell .....depending on the trend. However, when one is at work it and the trend starts it's difficult to tell the robot what it should be doing.

I agree, I notice the same thing, but here is what i also noticed . . .I have learn to trust the bot, and place gap trades . . .

example:
Bot places an order to SELL at a market Low, the position reverses and goes negative, when that M peaks I position another SELL and set a manual TP right above the other sell position, this way I make some extra $ while I hold a position for 30 minutes to 1 hour or so. I have learned that 94% of the time, the bot trade will come back to profit . . if you watch the bot trade it will drive you nuts . . .so learn to trade the gaps or stop watching it

It sure would be nice if the FAP Admin's would shed some light on your question, cause i too am curious.

Change the period MA to 21! I keep telling everyone that this is trend filter to FAP. Plave the 100 MA on your chart and then place the 21 MA on and compare the two.

You will see that price will lag behind the trend on the 100 MA but the 21 MA quickly follows it. Its not fool proof but it does catch the majority of the trends.

My FAP has been buying like crazy today.

I also set the TP at 10 because it lowers my risk. Less time on the board means less risk.

My settings

Lots=0
LRR=2
TP=10
Max orders=5
Stoptime=20
aaa=20
bbb=8
period MA=21
Rest default



I had LRR=1 but am so confident in these settings now I raised it to 2

I used to have to control the trade direction when my margin got all out of whack but I have never had more than three trades open at any one time and they usually hedge each other.


This is on a live account and I made quite a few pips on todays reversal.

Hi ^eagle^,

Do you trade on M1 or M5?

Thanks for the tips.

__________________
KS