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Old 2009-02-14, 10:58 AM   #91 (permalink)
Pip Sergeant
 
Trader for 2 - 4 years
Location: Cambridge, MA
Posts: 331


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RCA,

I'm sure you will find your losses if you keep trying, they certainly are out there.

Trading through the off hours I find plenty of losses. Its fairly easy to find losses if you run the default settings off hours, however it does very well with the moving average control on. This doesnt generaly happen during the recomended hours, but if you push the envelope you will find them.

Regardless, this robot has a very good track record by my testing, and I do push it to the extremes. I'm running all 4 pairs across about 40 chart windows right now, with the new 44 Pro I'll trim that down a bit. Remarkably it does well on all the pairs at all times of day, (make sure to use the moving average filter in potentialy trending environments). When it does take a loss, its generaly small, within the same 0-10 pip range that the profits are, however occasionaly it does take the larger losses, 60-100 pips. These very rarely happen during the recomended trading hours, they usually require a breakout or reversal and a fast move. But they do happen, especialy if you go looking for them.

Last edited by Ken Long; 2009-02-14 at 10:59 AM.
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Old 2009-02-14, 01:02 PM   #92 (permalink)
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Trader for 0 - 1 year
Location: Florida, United States
Posts: 16

Default thanks Ken. Expirements continue.

Regardless, this robot has a very good track record by my testing, and I do push it to the extremes. I'm running all 4 pairs across about 40 chart windows right now, with the new 44 Pro I'll trim that down a bit. Remarkably it does well on all the pairs at all times of day, (make sure to use the moving average filter in potentialy trending environments). When it does take a loss, its generaly small, within the same 0-10 pip range that the profits are, however occasionaly it does take the larger losses, 60-100 pips. These very rarely happen during the recomended trading hours, they usually require a breakout or reversal and a fast move. But they do happen, especialy if you go looking for them.[/quote]



Ken - Thanks for heads up on the MA filter. Ive been trying to stay away from all the inner working settings of FAPT but I know that on FAPT winner members and the FAPT FOREX KILLER have a few blogs that discuss all of them and have continued there expirements with them....AS for you, 4 pairs on 40 charts?- 4 charts per computer x 10 computers? My Alpari only has 23 different pairs. I know FAPT does not say anything about any other pairs than the 4 majors listed. I suppose opening all the charts and attaching FAPT to all of them may be interesting.......(keep MM on with all LRR no more than .05)

After analyzing some of my personal demo results on just scalping only with the 4 recommended M15 pairs that FAPT recommends. Ive still not been able to get a huge draw down and still not been able to kill my demo account. I've gone as far as upping the spread to a set of 10 for all of them. Increasing lots to all fixed 1.0. (on a 5000 account). Ive tryed to force all pairs to make 1 trade a day with all of them eventually opening a trade @ 1.0 lots (4 pairs x 1.0 lots = 4.0 lots = $400,000 risk) and even then only 1x were 2 trades open at the same time. All 4 eventually took there profits at the 10 pip level I set. After that was done, I re-started yet another test........

Ive got an expirement working with the yen. USD VS YEN. Has been continuously bottoming and over all been loosing since 1983...SO i decided to see on the M15 what FAPT would do trying to go LONG or BUY only. The trend the past 2 years is down hard. SO if i go long , this is a complete contridiction to a 2 year trend . (just to see what FAPT will do)......So far since Ive been continuing to try this. no trades. Ive made the spread way above the usuall 3 that it trades at. Ive made the lots fixed at .1 lot. Im only trying to get 5 pips with no TP or no sl or tl set. no trades....its been 6 trading days and ill wait another 4 and if still no trade, then Ill reset the chart on it and keep all the same settings EXCEPT Scalper-One trade. To see if it will force an open trade......If nothing after 4 more trading days, then Ill switch it to short only...See if will get a trade or 2.

Ive also got it on the AUd NDZ with short only (like robot miner was doing good at) M15 .1 fixed lots with a higher spread . Im taking 5 pips with a 20 pip SL .... Hopefully it will open a trade or 2.

Another week to see what happens.

ps. Alpari is still making the most trades with GT Shadow as well as FAPT.
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Old 2009-02-14, 06:43 PM   #93 (permalink)
Pip Sergeant
 
Trader for 2 - 4 years
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RCA,

Only the 4 recomended pairs, no others will work. 1 old laptop computer, all on the same demo account. Just lining up the charts all on one platform. Different time offsets, different settings, and different magic numbers. I have 43 windows running now, and I dont know what the limits, or possible consequences are.

I've learned how to keep the ram usage low, just by not running any indicators, and minimizing any charts that I dont actively view, and I keep my live account completely seperate, on a different broker , so theres no interference, or accidents.

Mostly, I did this so I could run 24 hrs and test the global moving average, and the results have been very good, some losses, but the system seems able to control its losses and find exits before being stoped out. The new version Pro 44 shows what the internal settings for SL and TP are, and it very rarely hits an actual stop point .

Unfortunately some of the brokers are making it difficult to trade. I've had to raise the spread limit to 8, and 10 for the gbpchf, just so it would take trades during its prefered time. And it still takes profits from them, just the brokers make as much on the spread as we do on the trades..
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Old 2009-02-14, 06:53 PM   #94 (permalink)
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Only the 4 recomended pairs. Eurgbp, eurchf, gbpchf, and usdcad. The others wont trade.

Thats why you have no trades on the usdjpy, or audndz. It will be interesting if they eventually come out with a version that can trade all pairs the way the new version can trade all times.
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Old 2009-02-15, 12:51 AM   #95 (permalink)
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Pipcop, why no trades this month on the IBFX demo for FAP Turbo? With the research I've done on these four brokers, I'm not inclined to open an account with any of them for scalping purposes, EA or manual. Spread manipulation seems to be the rule.
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Old 2009-02-15, 01:50 PM   #96 (permalink)
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Quote:
Originally Posted by Mavrik View Post
Pipcop, why no trades this month on the IBFX demo for FAP Turbo? With the research I've done on these four brokers, I'm not inclined to open an account with any of them for scalping purposes, EA or manual. Spread manipulation seems to be the rule.
I think you may be looking at the wrong statement. Gain Capital (Forex.com) doesn't have any trades, but IBFX has many. I'm working with Forex Goldmine to find out why GC doesn't work and will post an update when I get one.
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Old 2009-02-15, 05:05 PM   #97 (permalink)
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Default No trades

I'm looking at the 3rd chart down under Alpari (#1), and FXDD (#2). Interbank FX, LLC shows a balance of $138.23 earned all in January. No trades this month on the FAP Turbo demo.
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Old 2009-02-15, 06:16 PM   #98 (permalink)
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My apologies, I was thinking about a different robot. I am not sure why it has not traded. I checked the log and there are no messages. The other instances say if it is not trading due to too high of a spread , so ... I'll keep an eye on it and see if anything comes up.

Thanks for reporting it.
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Old 2009-02-16, 05:14 PM   #99 (permalink)
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Found the problem - it was on the 1 HR chart somehow, so I had to switch it to the 15 Minute chart. Sorry about that!
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Old 2009-02-17, 10:07 AM   #100 (permalink)
Pip Sergeant
 
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I would still like to see this trading other pairs as well, at least the eurchf. Even if the spread filter blocks most trades.

The eurchf should trade equaly well with the eurgbp, maybe even better. The eurgbp has cost me some losses this month. The gbpchf definately wont trade with a 5 pip spread filter on, so dont bother with this one unless your going to give it the room it needs, and the usdcad is not one of the commonly prefered pairs.

Simply adding the eurchf should increase the daily gains, without adding a great deal of risk.
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