How to Beat FAP Turbo Settings by 250%
Our new FAP Turbo settings for the EURCHF are showing a 250% improvement over the default settings for FAP Turbo 48.
Finding the optimal settings for a Forex robot as complex as FAP Turbo is extremely time consuming and requires careful consideration when it comes to balancing profit with risk.
Our new settings strike an excellent balance between profit and risk with a 250% improvement over the default settings while showing only a 7.39% account drawdown.
Before we posted the new settings to the members area we ran our settings against the default settings so we could show you a comparison of performance.
Default FAP Turbo Settings
Using the default FAP Turbo settings for the EURCHF on a $2500 account the following results were obtained.
Net Profit: $435.30
With the default settings the account drawdown is an impressively small 1.57% and the balance curve is a nice and smooth … but unfortunately it’s so conservative that over 118 trades it only shows a meager $435 profit!
FAP Turbo traders are looking for profits not pretty pictures and unfortunately the default settings do little more than make for nice looking graphs and fail to really nail the profits the way they should.
FAP Turbo Expert Guide Settings
Again with EURCHF on a $2500 account and the exact same time-frame our settings produced the following results.
Net Profit: $1,523.00
A $1,523 profit as compared to a $430 profit is a 250% improvement in profit over the exact same time-frame.
Although our settings show a balance curve that is clearly not as smooth with the occasional stop loss getting hit, these stop losses being hit resulted in a maximum account drawdown of only 7.39%, which given the significant improvement in profit is really not a big deal.
Furthermore, our stop loss was only hit 6 times over 338 trades which brings us to an important observation in our settings … that our settings produced nearly 3 times as many trades during the same period of time as compared to the default settings.
Because our settings produced 3 times as many trades over the same period of time it was not difficult to recover from our occasional stop loss being hit.
Keep in mind that back testing results do not take in to account broker issues such as slippage and bad order execution so actual performance will vary, but what is important is that these broker issues affect the results equally to both tests shown here. Therefore, the relative difference in performance is the significant point to take away from this.
In short, if you’re trading with a decent broker our settings will produce superior results.
See how we crushed the default FAP Turbo settings for the long term strategy.