My first post here.
First of all, what a great site
. Thank you for providing this very valuable resource.
I have been running this EA in demo mode for the past month and I had to reduce my lot multiplier to half a percent from the recommended one percent. That helped me stay in the game but I am ending the month with a huge floating loss. True the EA was a good earner during the month racking up in the high 30% ROI for the month but those open trades will cause the profit to be reduced to a mere $150.00 for the month once the trades are closed at the end of the month. I could leave the trades open but I would be inviting even more drawdown.
I also have been running FAP Turbo since it was released on Tues the 25th. It came out of the gate like gang busters and almost doubled the equity in my demo account after two days of trading. The short-term strategy is somewhat accurate but does make some large mistakes. The profit from only this strategy this week for me was only about $30.00. The big wins I had were from the long-term strategy. I accidentally set the EA to use 5% per trade and almost got into trouble after this EA opened 5 separate trades against EURUSD. I noticed some hedging also if the trade starts going against you.
First impressions on FAP Turbo. A really good EA but you have to watch the drawdown on the long-term strategy.
I am also very impression with RoboMiner and have place it as a backup to FAP Turbo.
Rick