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My Metatrader crashes when I try to backtest
That means you are using an outdated MT4. Please update it to the latest build.
What is optimization and how do I do that?
Optimization represents successive passes of the same expert advisor with different inputs on the same data.
Such parameters can be sorted out at which the expert efficiency will be maximal. The terminal possesses some
built-in means that allow it to automate this process. To optimize an expert, one has to flag the option of the
same name in the "Tester" window and press the "Start" button. Do not make optimizations if you are not a
forex expert!
My strategy backtest shows totally different, bad results than yours!
You can backtest successfully only if you have 90% data quality and if the spreads are reasonable, for example,
less than 5 pips on GBPCHF. Most often the problem is in the spread value. If your spread is higher than
MaxSpread, then your backtest will show invalid results. Another thing to consider: most brokers switch from
winter to summer time 2 times a year! So you must change the manual GMT offset properly! You can\'t
backtest whole year with same GMT offset value otherwise you will see invalid trading results and losses!
Specific FAP And FAPTURBO2 Questions
What is Forex Autopilot (FAP)?
Forex Autopilot (F.A.P., ForexAutoPilot.com) is a fully independent software robot which trades the foreign
exchange currency market on autopilot 24 hours a day. Robots such as Forex Autopilot are called "Expert
Advisors" or EAs, and are attached to the currency charts in the trading platform software which is provided by
forex brokers. ForexAutoPilot was created by Markus Leary and his team.
What is the difference between FAP and FAPTURBO2?
FAPTURBO2 is built on the FAP (Forex Autopilot) engine but it is a whole new generation of product. FAPTURBO
developers have added great number of new features to FAP Algorithm to make it more Safe and more
Profitable. Now FAPTURBO2 FAP strategy uses fixed stop loss value so your possible losses will be small and
limited. A great number of additional safe filters and indicators were added to prevent trading in risky
conditions. Advanced filters and indicators that were added to the system make sure FAP avoids risky periods
with unstable market and makes most of the profitable trades with high accuracy. Plus a new medium-term
strategy is introduced in FAPTURBO2 that works on the usual 7 pairs and has shown great results in live real
money trading.
What is the percent of winning trades?
According to history backtests from 2010 till date and from live trading results, FAPTURBO2 EA makes 96% of
winning trades. You can always perform backtests by yourself to check that.