Fapturbo Latest Update

Posted by admin on Jan 22nd, 2009 | no comments home title

FAP Turbo Update
The guys over at FAP TURBO have released the latest version of the FAP TURBO expert advisor. Those members that have the ea already, just head into the members section and you will be able to download the latest version. New members will automatically get the new version.

The features of the updates are:

* New anti-offquotes safety protection was added that included the random spacer that spaces the orders of thousands of fapturbo traders and reduce the number of offquotes errors. (very important so that alot of people can trade and experience the same great gains)
* New parameter Slippage increment was introduced. By default it is 2. This works as an also offquotes protection for closing the order. In case fapturbo gets offquotes error from broker it will agree to lose this number of pips from profit in case to close the order anyway. The New fapturbo will keep on trying to close the order if it gets offquotes errors so it is much safer now.
* Maximum Spread parameter was added. You can now define it manually. Remember 3-4 is a safe spread for EURGBP, 5 is maximum allowed risky spread. We don’t recommend trading with higher spread for this currency pair. For other pairs allowed spread can be higher.
* Trade Microlots – new parameter. Some brokers such as FXPRO the microlots are not allowed so it should be false so you can still use Money Management there!
* Current spread information is printed on the chart- Expiration information is printed on the chart
* GMT offset is fixed for Fridays
* Leverage check is removed so you can change the leverage without need to request new key every time
* SoundAlert – you can set the sound notification of new trades made by fapturbo
* SendEmail – you can setup metatrader to send you emails about new trades opened or closed by fapturbo. You can configure these email settings in MT4 Tools->Options>Email .
* New updated GUIDE!

There has been news in the past that has highlighted the less than honorable actions of certain brokers. There are of course some honest and decent brokers and the makers of fapturbo have approached certain brokers and outlined to them the intentions of the fapturbo family in using the expert advisor on their trading platforms. They have welcomed them with open arms. Those brokers are:

* FXCM
* FXPRO
* ForexMeta
* Forex.com

As stated in a previous post, talks and negotiations are still continuing on using an ECN. If you don’t know what an ECN is, just go here.

Still not sure if you should get fapturbo or want to find out more? Check out the link below.

FAP Turbo