It has been a few days since I have turned the robot loose onto the demo account, and so far, I have a small profit in my account. Not huge by any means, but a profit none the less. (start at 500, this morning the account was at 502).
I have the FAPTurbo robot running on 3 different charts, and it appears to be running fine.
The robot does seem to be vary in performance based on the broker you chose. So I'm going to start up another robot test with another broker tonight (FXCM and FXDD). The current broker that I am using is One FX. So far I am still trading with the default settings. I might be able to tinker with the settings to see an increase in profits and performance.
I do not plan on changing any of the settings until next week.
According to the website, the robot should double the money in the account anywhere between 2 weeks and 3 months. Even if it takes a year (or even 4 years) to double the money, you are still beating the S & P 500. Even the majority of the mutual funds out there do not beat the S & P 500 index.
If you would like to find out more about the FAPTurbo Trading robot, please check out this website.
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I've used FAP Turbo, I can honestly say it's a solid EA to use but more or less works on certain brokers. However, for me I prefer to trade price action
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