Pip Cop - Forex Robot Reviews - View Single Post

**rsmereka** · 2009-02-22, 02:22 PM

Thanks for the detailed response Mike,

I purchased FAP Turbo the first day it was released and had a great December using my live IBFX account. Since then, the performance has been less than stellar. Right now, there are basically no trades as IBFX widens the spread during FAP's trading hours. The results here on the single currency that pipcop is demoing confirm the issues with IBFX. I have also noticed a major difference between demo and live which should not exist. I'll be posting a message about this tomorrow in the FAP Turbo thread.

Right now, besides FAP Turbo, I am using the FAPTS EA with mostly good but sometimes scary results. See my trading journal for more about this.

I am also paper trading a GBPUSD trading system that I may create an EA out of if it pans out.

What is the other EA that you are using besides FAP Turbo that you made reference to in your last post?

Based on your incredible results, I just opened an Alpari UK demo account and I will forward test your settings and see if they hold. Before you went to forward testing, based on back-testing, how much history (how far back) did you use?

Thanks for sharing,
Rick

P.S. How aggressive (on a scale from one to ten) would you say your settings are?

2009-02-22, 02:22 PM	#8 (permalink)
rsmereka Site Supporter Posts: 1,974 My Trading Journal Trading Live with: Forex Hacked(Copier), Forex Strategy CAD1(manual), Forex Strategy CAD2(manual)	Thanks for the detailed response Mike, I purchased FAP Turbo the first day it was released and had a great December using my live IBFX account. Since then, the performance has been less than stellar. Right now, there are basically no trades as IBFX widens the spread during FAP's trading hours. The results here on the single currency that pipcop is demoing confirm the issues with IBFX. I have also noticed a major difference between demo and live which should not exist. I'll be posting a message about this tomorrow in the FAP Turbo thread. Right now, besides FAP Turbo, I am using the FAPTS EA with mostly good but sometimes scary results. See my trading journal for more about this. I am also paper trading a GBPUSD trading system that I may create an EA out of if it pans out. What is the other EA that you are using besides FAP Turbo that you made reference to in your last post? Based on your incredible results, I just opened an Alpari UK demo account and I will forward test your settings and see if they hold. Before you went to forward testing, based on back-testing, how much history (how far back) did you use? Thanks for sharing, Rick P.S. How aggressive (on a scale from one to ten) would you say your settings are? __________________ MyFXBook Live Statement Mt4Analysis Last edited by rsmereka; 2009-02-22 at 02:24 PM. Reason: Added P.S.