FAPTURBO REVIEW
Hello fellow traders. I have been involved in forex trading for about seven years, and in the last two years I have become very passionate about automatic systems. Reasons for this are simple: It takes years to become good trader and when you finally get there you do not like it anymore . I have tested fapturbo for ove two months on DEMO and also my own real LIVE account and I will share with you my experience, test results and opinions.
Facts about fapturbo trading software.
This trading software employs basically two kind of strategies to trade.
Scalping part of trading strategy – Fapturbo executes short term buy/sell trades looking for profit ranging between 6 – 15 pips. This scapling method is performed on five currency pairs (USD/CAD, EUR/GBP, EUR/CHF, GBP/CHF, EUR/USD). Fapturbo runs this this scalping method on 15 minutes timeframe. Considering that profits are larger than 5 pips, this will not be an issue for most of the good brokers. This system averages 3 trades per day with possibility of including stealth mode, which hides stop loss orders from the broker. I personally do not consider this option to be necessary when you are using good STP/ECN forex broker.
Longer term trading strategy – Fapturbo executes also long term trades with good risk-reward ration. Stop losses are therefore fixed and small compared to take profit levels. Long term trades are calculated on timeframes higher than four hours. This method included in fapturbo aims to let the position profit for as long as possible before price reversal. Fixed and small stop loss levels are developed to keep dravwdown under 3 percent , which is extremely low for any forex strategy. This result is achieved thanks to very rare losing trades that occurs roughly in ratio of 1 losing trade to 4000 winning trades. Faturbo also employs large amount of software filters ensuring that trades are not executed in unstable market conditions.
Using two trading strategies in one time spreads the risk across trades and currencies and aims for constant growth of capital with low drawdowns.
As I mentioned before fapturbo also employs stealth mode, using it to hide your profit and loss targets from the broker ( in case you are dealing with stop loss hunting broker). I however found stop loss hunting practices uncommon by today brokers and I recommend to simply choose STP/ECN broker that is actually on your side.
Fapturbo algorithm ensures that profitable trades are extremely frequent, in fact 4 thousand times more frequent than losing ones.
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Fapturbo Review
Most people fail in the market because of they uncontrolled emotions of fear and greed. Traders also get tired and are losing concentration in situations that are most important. Problem with human trading is also that it costs a years of lifetime to become profitable trader. Once you become good you will realize that you missed a lot in life because of forex charts. Fapturbo Automatic trading removes all the mentioned from the equation and allows you to make money without losing your precious time. No matter how many years you would devote to become profitable forex trader you would hardly outperform fapturbo anyway.
Advantage of fapturbo is that this software is trading practically nonstop in your behalf while you can devote yourself to your hobbies, familly and other business ventures. There are truly more fun things to do than watch charts all day.
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Fapturbo algorithm is built to recognize unstable market conditions and according to program it takes advantage of that conditions or wait to take advantage of following breakout.
Fapturbo review – basic setup
To use fapturbo you need to open account with reliable forex broker ( STP/ECN – direct market access without dealer intervention). Make sure that the broker offers MT4 software and follow the instruction of setup and installation of fapturbo that are really easy.
Fund your account. It is possible to start using fapturbo with as low as 50 USD. But this amount is really not sufficient. For you to be able to hold positions and dont have to worry about margin call I recommend to have minimum equity of at least 300 USD.
Fapturbo also allows use in unlimited amount of demo / practice accounts therefore you have two months of free testing in you hand, you can test it as much as you like.
I have been testing fapturbo in demo account for 8 weeks now. It has made over 3 000 pis in the process. I tested fapturbo on small account of 500 USD to see how it will be able to cope with small equity – and it performed really well. I enclose screenshot of detailed MT4 statement. Have you ever seen trading like this ?
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Fapturbo review – My real test results
Please note that I used most conservative setup possible and I did not use any VPS server to host fapturbo. I run it on my own computer. I have created two new accounts for the test. First one was DEMO account (300 USD) and the second one was small live account with balance of 500 USD
FAPTURBO DEMO account test (300 USD)
Demo test of fapturbo started on 2013.03.12 and was finished 2013.05.01. Demo account size was 300 USD at start.
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FAPTURBO LIVE account test (500 USD)
I started to use fapturbo LIVE on 2013.04.22 and as Iam writing this, results are following:
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Basically my two forward tests showed me that what they are claiming in the official webpage of fapturbo is true. I have noticed very low realized drawdown and very high percentage of winning trades using fapturbo.
Demo account forward testing fapturbo showed that percentage of winning trades was 94,78 with average winner 2,55 dollars and average loser at 0,95 dollars. This is not exactly best performance for fapturbo but it was probably influenced by fairly unstable internet connection I was using (blame the telecommunications).
My live results are even better. So far I have experienced just one losing trade (-0,63) cents which is ridiculous. My test live account on which IAm currently using fapturbo gained over 336 dolars. Profit factor is astonishing 553,78 and the average winner is 4,48 dolars. When you look at the equity curve you see that it is rising pretty steadily.
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Fapturbo review – start and run
To be able to install setup and run fapturbo just follow the instructions added. If You have ever installed any program it should be an issue.
To run fapturbo your computer must be turned on, therefore it is recommended to host this piece of software at VPS server, which is paid service. I recommend to pick some broker that offers free VPS hosting for its clients (Like FXCC). Therefore you turning computer on and off would not interfere with trading algorithm and not interfere with trading results.
Fapturbo can be used in numerous demo accounts , but you can use it in only on one live account. I strongly recommend that you first try this software on demo account to know it a little bit better. There is 60 days money back guarantee so this way you are not risking anything.
If You are happy with the performance (as I am) then you will start using it live and it will make you some money.
Visit official webpage of FAPTURBO