Bingo, FAP-T was a great idea, but it seems to be its own worst enemy. The fact that its flooding low liquidity pairs with multitudes of identical orders, during the slowest time of day is counter productive. On a demo account or in backtesting this is easy to do, but I dont know how they survive in the real world. I really wouldnt blame any broker for targeting them and delaying orders or manipulating the spread.
In most cases that I 've seen, the spreads on FAP-T's pairs during trading hours are wider than FAP-T's TP levels. In most cases where the spreads are narrow, they are usually variable spreads and 5 digit quotes. If you watch these they remain stable untill FAP-T starts trading, and then they jump at the slightest hint of trading volume. Its amusing to watch them double and shrink, over and over as systems try to place trades.
Even an ECN broker will have trouble serving this bot. They require a matching offer on the other side, and when everyone submitts identical orders at the same time, they cant all be filled. |