Frequently Asked Questions

General Forex Trading Questions
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What is Forex?
The Foreign Exchange market, also referred to as the "FOREX" or "Forex" or "Retail forex" or "FX" or "Spot FX" or just "Spot" is the largest financial market in the world, with a volume of over $2 trillion a day. If you compare that to the $25 billion a day volume that the New York Stock Exchange trades, you can easily see how enormous the Foreign Exchange really is. It actually equates to more than three times the total amount of the stocks and futures markets combined! Forex rocks!
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What Tools Do I Need to Start Trading Forex?
A computer with an internet connection or virtual private server for remote trading is all that is needed to begin trading currencies. We provide full detailed instructions so no forex knowledge is needed.
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What trading software do I need to run FAPTURBO and where do I get it from?
FAPTURBO is designed to work with the forex trading platform Metatrader 4, which is now offered by many of the leading forex brokers. Metatrader 4 can be downloaded for free from most broker's websites, usually via a "download trading platform" link.
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What is Expert advisor (EA)?
Expert Advisor is an automated robotic script written in MQ4 language that can work in the Metatrader4 platform and make trades for you!
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Can advisors work when I am away or go out?
Yes, they can work 24 hours/day for you. You don't need to monitor the trades if you don't have enough free time. Our Robot Advisors will monitor the trades, open orders and close positions for you when needed. Just keep your MetaTrader on to let them work their magic!
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What if my PC lost power or rebooted?
No problem here! Just run Metatrader again and turn on the expert advisor. It will continue trading. If you have continuous power losses and poor internet connection or simply cant keep your PC online all the time we suggest that you order VPS (Virtual Private Server) for hosting your trading.
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How to remove expert advisor?
To remove an advisor, just right click on its name or face in the top right part of the chart and select Expert Advisors -> RemoveT. Don't forget to close all open trades of the current advisor if you remove it.
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Should I remove or turn off the expert advisor on weekend?
No need to do that. It will sleep when the market is closed and continue to work on Monday automatically.
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Does FOREX work 24/7 ?
No. Only on business days. No trading on weekend.
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What is Virtual Private Server (VPS)?
VPS is a special service that can host your trading on a remote server so you no longer need to keep your PC on 24/5 for trading! Forex Hoster
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Demo or Real account?
You should always try your expert advisors on Demo account first to check if your broker is compatible with your current expert advisor! We don't recommend trading on Real account without testing on Demo first!
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Can I run several advisors at the same account at the same time?
That's a great idea! You can run several advisors simultaneously to increase your profits and minimize the risks. Don't worry if it sounds daunting — we'll give you full instructions how to do it.
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Can I run FAPTURBO with other EAs or with manual trading?
Yes, you can. Magic number feature will help FAPTURBO to separate its trades from other trades.
Magic number is the unique ID number of each advisor to help the system understand which advisor is making a trade if you attach several advisors at the same time.
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How to become a premium member, receive a personal premium support and settings?
Simply join Myfxchoice brokerage through our MyFxChoice link and fund your account to start Live Trading. As soon as you do so, just email us at premium@fapturbo.com for Premium support
Brokerage And Trading Setup
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What broker to choose?
Remember the great account we showed you before with a 85% profit live trading performance? Many people were asking what the secret broker was that had great conditions for Fapturbo trading? The broker is MyFxChoice! Our german expert Tony has optimized Fapturbo56 to perform best on MyFxChoice
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What is Metatrader4 and where to download it?
Metatrader4 is a free trading platform. You can download it from your broker website. MyFxChoice
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What is the top broker with metatrader4?
Fapturbo is optimized for MT4 of MyFxChoice link
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How to Install Metatrader4?
Please watch our video tutorials in "VIDEO TUTORIALS" section in the member area.
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I have MAC OS. Can Metatrader4 work on MAC?
Metatrader4 was created for Windows only but there are 2 ways you can still use it on MAC OS. First way is to setup Metatrader on Mac OS following this short manual. Second way is to order VPS Service that can work with MAC OS without any problem. Forex Hoster
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How to become a premium member, receive a personal premium support and settings?
Simply join Myfxchoice brokerage through our MyFxChoice link and fund your account to start Live Trading. As soon as you do so, just email us at premium@fapturbo.com for Premium support
Getting Started With FAPTURBO
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Do I have to trade myself? Is it difficult to setup?
No! All you need to do is setup the automated trading robots (expert advisors) and let them trade on your account to bring you profits! You will get step-by-step instructions how to setup and run them + we have prepared a great set of Video Tutorials for you!
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How to install FAPTURBO?
Download Fap Turbo Easy Install Package from the Downloads section in the member area and Run it. It will guide you through the setup process. Also please watch our video tutorials in "VIDEO TUTORIALS" section in the member area.
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Can I install FAPTURBO manually without "FapTurbo Easy Installer"?
Yes sure. Download the FAPTURBO package ZIP file that contains FAPTURBO.ex4 file (place it to the /experts folder in metatrader) FAPTURBO.DLL file (place it to the /libraries folder in metatrader) and FAPTURBO GUIDE in PDF (adobe acrobat reader)
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How much money do I need to start trading?
Depending on your broker terms, you can start trading with as little as $100. Remember that starting out with low trading capital may put you at disadvantage because you will only be able to trade the market in small share sizes. We recommend that you start with capital of $1,000-5,000 USD or train on a Demo account till you are satisfied with the performance.
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Is it hard to learn and implement your trading system?
No! Most people that purchase FAPTURBO package start trading within minutes of installing. We provide detailed instructions and cool Video Tutorials! Please watch our video tutorials in "VIDEO TUTORIALS" section in the member area.
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Where can I get WinZip to unzip files?
You can download free WinZip Evaluation Version to extract the Zip archive or just use the free WindowsXP/Vista zip service. You can also use free WinRAR to unzip files
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Where can I get the Adobe Acrobat Reader to open PDF guide?
Download Adobe Acrobat Reader on http://www.adobe.com for free.
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Where is the folder of metatrader experts? I cant finde it on my PC!
The common folder of metatrader experts is: C:\ProgramFiles\Metatrader4\Experts or C:\ProgramFiles\InterbankFX Trader\Experts or something like that.
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How to place FAPTURBO on VPS?
First of all you should order the ForexHoster VPS service. Forex Hoster Then upload the fapturbo files from the FAPTURBO ZIP Package (can be found in member area download section). Read the VPS service manual/videos for more information.
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How to become a premium member, receive a personal premium support and settings?
Simply join Myfxchoice brokerage through our MyFxChoice link and fund your account to start Live Trading. As soon as you do so, just email us at premium@fapturbo.com for Premium support
FAPTURBO Activation
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How to Activate FAPTURBO?
Please read the FAPTURBO GUIDE "activation" section. We explained there in detail. Also watch our video tutorial.
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I dont get the "Activation Alert" (Alarm)
Maybe your copy is already activated or you forgot to check "allow DLL imports" and remove "Confirm DLL function calls" in the EA settings. Another possible reason: Today is non-trading day (weekend or Friday, for example). Wait 2-3 days for this alert to appear. It will appear during only trading days.
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My expert ID=0!! Help me!!
This is a common but easy to fix glitch in Metatrader4. First check the EA settings. Turn on "Allow DLL imports" and remove "Confirm DLL function calls" there. Also check the global parameters of the Metatrader: Tools -> Options -> Expert Advisors. Turn on "Allow Dll imports" and turn off "Confirm DLL function calls". Then restart Metatrader! You must Just restart your Metatrader and try again! It helps. If it happens again in future then just restart your metatrader.
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I want to activate more trading accounts! How?
Your Fapturbo Member License is valid only for Activation of 1 (one) Live real money account and 1 (one) Demo practice trading account! If you have used your activation you will not be able to activate any other trading accounts without purchasing new Fapturbo License. We don't provide refunds for used accounts! If you have more trading accounts and need more activations please purchase new Fapturbo Account with $10 discount:
Purchase Second Fab Turbo Account
Then register with new email adress for new Fapturbo account.
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How to find out when my License will expire?
Your license is valid for one month and then you should donwload new license for free from member area.
You can find out the expiration date on your lisence if you move your mouse over the FAPTURBO EA in the Navigator TAB in metatrader and hold it there for a sec.
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My Metatrader crashes when I try to attach EA to the chart
That means you use outdated MT4. Please update it to the latest build
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How to become a premium member, receive a personal premium support and settings?
Simply join Myfxchoice brokerage through our MyFxChoice link and fund your account to start Live Trading. As soon as you do so, just email us at premium@fapturbo.com for Premium support
FAPTURBO Settings and Configuration
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Can I adjust parameters of the FAPTURBO advisor?
Of course! You can change stop loss, take profit and several other parameters & filters depending specifically on your needs. All of them are described in the FAPTURBO GUIDE. Make sure you set proper parameters such as GMT Offset.
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What timeframe and currency should I choose?
FAPTURBO has 2 built-in strategies. Each strategy is designed for its own timeframe & currency pairs. For example Long term strategy works only on EURUSD M1. The scalping short term strategy works on 4 pairs: EURGBP, GBPCHF, EURCHF & USDCAD, M15 Timeframe. Read the GUIDE for more information.
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What are the differences between FAPTURBO Short Term and Long Term Strategy?
FAPTURBO is a powerful combination of 2 strategies: Short Term Scalping Strategy and Long Term Advanced FAP strategy. Both strategies are built inside one FAPTURBO expert advisor and can be switched on and off easily using UseScalperStrategy parameter in FAPTURBO settings.
Each strategy uses its own designed timeframe and currencies so be sure you use the strategy on proper currency pair and timeframe. You will find full details on each strategy and its parameters in the FAPTURBO GUIDE and Video Tutorials
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Which strategy is the best one?
There is no clear answer to this question. Every strategy is a unique system of trading, and each has its own strong and weak points. We recommend running both systems at the same time. You know, diversification is the key to success!?
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How to switch between Strategies?
Use UseScalperStrategy Parameter. True = Scalper strategy. False = Long Term strategy.
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Can I run 2 strategies in one account?
Yes you can. Attach FAPTURBO EA to the proper charts and set proper parameters for each strategy. Read the GUIDE and watch our video tutorials in "VIDEO TUTORIALS" section in the member area.
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Warning: What are the most important parameters that I have to change?
In scalper strategy you should set the proper lot size and GMT OFFSET! In long term strategy you should set proper lot size. And of course the KEY value with your activation key. Please watch our video tutorials in "VIDEO TUTORIALS" section in the member area.
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How to Set Proper Lot size?
Use lot = 0.01 for deposits less than $1000 usd. Use lot = 0.1 for deposit from $1001 to $4999 Use lot = 0.5 for deposit from $5000 to $9999 Use lot = 1 for deposit $ 10K and above. The numbers could vary depending on your broker rules! Please watch our video tutorials in "VIDEO TUTORIALS" section in the member area.
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What is GMT OFFSET Parameter?
GMT OFFSET is very important parameter for scalper strategy. It defines the offset in hours between GMT and your broker time (market watch in MT4). It should be set carefully in order to let Fapturbo work properly. If you fail to set the GMT offset carefully you can get unexpected losses. Please be careful! Ask your broker about their GMT Offset if you are not sure!
Please watch our video tutorials in "VIDEO TUTORIALS" section in the member area.
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What does Magic number mean in the expert advisor?
Magic number is the unique ID number of each advisor to help the system understand which advisor is making a trade if you attach several advisors at the same time.
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My Market Watch is Frozen! How to set GMT Offset?
Please note if your Market Watch is frozen that means that your broker is on the weekend holiday and that broker time is not valid for GMT offset. You should wait until your broker is on the trading day to set the proper GMT offset value!
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How to change the parameters after I attached the EA to the chart?
Right click on the smiling face and select "Expert Advisors -> Properties" or press F7
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What is a Stealth Mode?
Stealth Mode protects you from cheating on the broker side. Using the stealth mode the take profit and stop loss values are not displayed to broker. (the orders are opened with Zero stop loss and take profit)
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How to become a premium member, receive a personal premium support and settings?
Simply join Myfxchoice brokerage through our MyFxChoice link and fund your account to start Live Trading. As soon as you do so, just email us at premium@fapturbo.com for Premium support
FAPTURBO Backtest and Optimization
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How to perform a backtest on history?
If you are not a forex expert you do not need to perform any backtest and optimizations. Just use the default settings and set proper lot size (and GMT offset) and you are all set!
FAPTURBO is very complicated robot with 2 strategies that's why backtest is very slow. Do not run backtest if you have slow PC. First you should download the historical data for your backtest calculation. To perform a backtest, you should press CTR+R or View -> Strategy Tester in main menu in Metatrader4.
Then set the expert advisor to backtest, the proper symbol, time interval (Use date), period and click OK. When backtest is finished you will see the results in "Results" or "Graph" and "Report" Tabs below.
Read the FAPTURBO GUIDE for more info.
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Strategy backtest does not work!
I guess you forgot to download historical data or your forgot to activate your copy of the EA and "allow DLLs" in the global settings of Metatrader (Tools -> Options)
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My Metatrader crashes when I try to backtest
That means you use outdated MT4. Please update it to the latest build 220
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What is optimization and how to do that?
Optimization represents successive passes of the same expert advisor with different inputs on the same data. At that, such parameters can be sorted out at which the expert efficiency will be maximal. Terminal possesses some built-in means that allow 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!
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My scalper strategy backtest shows totally different bad results than yours
The problem is in the spread value. You can backtest ONLY if your spread for EURGBP = 3. If you spread is higher than backtest will show invalid results. Another thing to consider: some brokers switch from winter to summer time 2 times a year! So you must change GMT offset properly! You cant backtest whole year with same GMT offset value otherwise you will see invalid trading results and losses!
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How to become a premium member, receive a personal premium support and settings?
Simply join Myfxchoice brokerage through our MyFxChoice link and fund your account to start Live Trading. As soon as you do so, just email us at premium@fapturbo.com for Premium support
Specific FAP And FAPTURBO Questions
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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 EA's, 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.
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What is the difference between FAP and FAPTURBO?
FAPTURBO is built on the FAP (Forex Autopilot) engine but it is whole new generation product. FAPTURBO developers have added great number of new features to FAP Algorithm to make it More Safe & More Profitable. Now FAPTURBO 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 short term scalper strategy is introduced in FAPTURBO that works on 4 pairs and showed great results in live real money trading.
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What is the percent of winning trades?
According to history backtests from 1999-2008 and live trading results FAPTURBO EA makes 96% of winning trades. You can always perform backtest yourself to check that.
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I did not like the "no stop loss idea" in FAP. How about that in FAPTURBO?
FAPTURBO 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.
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How to become a premium member, receive a personal premium support and settings?
Simply join Myfxchoice brokerage through our MyFxChoice link and fund your account to start Live Trading. As soon as you do so, just email us at premium@fapturbo.com for Premium support
FAPTURBO Support
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Do you provide support?
We provide rapid email support and Phone support to our members. Feel free to contact us if you have any questions or problems. Email is support@fapturbo.com Please give us 24-48 hours to reply.

To request PREMIUM support simply join Myfxchoice brokerage through our MyFxChoice link and fund your account to start Live Trading. As soon as you do so, just email us at premium@fapturbo.com for Premium support
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Do you provide Video Tutorials?
Sure, we have prepared cool banch of video tutorials for you and a perfect step-by-step FAPTURBO GUIDE! You can find them in the member area!
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What is FAPWINNER.com ?
FAPWINNER.com is a special service for ForexAutoPilot & FAPTURBO clients with premium support (rapid support, Live Chat, Appointment Calendar, Forum, Phone support) and advanced trading opportunities (Special FAP settings, Personal Trading Plan, Hedging EA) as well as weekly Mentoring and Coaching Class and Seminars/Webinars.
FAP-Winner was founded by Charles A. Floyd II, professional forex trader with 20 years of experience.
FAP-Winner is not a part of FAPTURBO or FAP service, it is a separate product created by Charles A. Floyd, II.
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Do you have private member FORUM?
Forum is a part of FAPWINNER.com service. All FAPWINNER members have access to the private discussion forum where all your questions can be answered. You can discuss anything related to FAP & FAPTURBO including setup, effective strategies, usage and settings.
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How to become a premium member, receive a personal premium support and settings?
Simply join Myfxchoice brokerage through our MyFxChoice link and fund your account to start Live Trading. As soon as you do so, just email us at premium@fapturbo.com for Premium support
Problems & Troubleshooting
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I cant activate my Copy!! My expert ID=0!! Help me!
This is a common but easy to fix glitch in Metatrader4. First check the EA settings. Turn on "Allow DLL imports" and remove "Confirm DLL function calls" there. Also check the global parameters of the Metatrader: Tools -> Options -> Expert Advisors. Turn on "Allow Dll imports" and turn off "Confirm DLL function calls". Then restart Metatrader! You must Just restart your Metatrader and try again! It helps. If it happens again in future then just restart your metatrader.
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My Metatrader crashes when I try to run Fapturbo!!
That means you use outdated MT4. Please update it to the latest build. Contact your broker if you cant update your MT4 manually.
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I installed FAPTURBO but I dont see it in the NAVIGATOR Tab in metatrader!
The problem could be that you have several Metatraders installed on your PC. Check if you installed FAPTURBO to correct folder of the correct MT copy
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I have the little smiley face in the right top corner, but it is not doing anything.
If the face is smiling that means EA is working correctly. It will open trades when it identifies the proper market situation. Have patience. It will open new trades sooner or later (often during first few days) Most of the advisors don't open the new orders instantly after you run them! Advisor is monitoring the market and opens its trades only on condition of possible profits!
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I have a large draw down on my open trade. What's wrong? Am I losing money?
There is no problem here. You trade is not closed yet. Have patience. Draw downs are a normal part of the Forex investing landscape and they must be expected. FAPTURBO is not a crystal ball, it is a system that uses various technical indicators to enter and exit trades. FAPTURBO has a built Stop Loss value so even if you experience a losing trade the loss will be limited by the Stop Loss value. You should know that All trades stay in minus for some time. The Forex Market always has price movements in both directions - there is no problem here. You can backtest on the EA history to better understand how it works. A current minus does not mean a loss, because the trade is Open. Only closed trades can be considered losing trades. FAPTURBO makes 96% winning trades
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Why do my trades start in Minus?
Please note that all new open trades stay in minus for some time because you have to pay the "spread" (commission) to the broker! That is not a problem. Sooner or later most of the trades will close in profit. Have patience.
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When I drag the expert advisor onto a chart, I don't get the smiley face, just an X. I follow the procedure but it still doesn't respond.
The Smiling Face icon means that EA works correctly. If you don't see the Smiling Face, just click on the "Expert Advisors" button on top of the Metatrader menu.
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I see the sad face :( of the expert advisor instead of smiley face :)
If you see the Sad Face that means you forgot to set "Allow live trading" parameter for the expert advisor. Please follow check the parameters.
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Why are some expert advisors shown in grey in the NAVIGATOR TAB?
Experts-Robots are shown in grey because they don't have open source codes. That's fine. It is not the problem at all. They will still work fine if they have the Smiling Face on the top right of the attached graph. Template MT4 experts like "MACD Sample" and "Moving Average" are free samples with open source and that's why they are shown in yellow.
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I cant activate my copy because Activation ALARM does not appear!!
Maybe your copy is already activated or you forgot to check "allow DLL imports" and remove "Confirm DLL function calls" in the EA settings. Another possible reason: Today is non-trading day (weekend or Friday, for example). Wait 2-3 days for this alert to appear. It will appear during only trading days.
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FAPTURBO doesn't trade! What am I doing wrong??
If FAPTURBO does not open a single trade after 1 week that means something is wrong here.
Here is what to do:
-First of all please carefully check all the setup steps according to the FAPTURBO GUIDE.
-Make sure you have a smiling face of FAPTURBO EA on the right top side of the Chart.
-Check if your copy is activated.
-Check the Log or Journal for possible errors. Contact our support for help.
-Check if the FAPTURBO.DLL exist in the expert/libraries folder in your Metatrader
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I get the error "No money to open more orders."?
That means that your deposit is too small for the current level of risk. Try to increase your deposit or decrease the lot size. For example, change the lot size from 1 to 0.1 in EA parameters.
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I get "alligator jaw error"
In most cases all Alligator jaw errors mean temporary connection to broker error. You can skip them. Such errors are removed automatically when connection is established again.
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I get error "Trade is not allowed".
That could mean you logged in using the Investor password instead of Trader password or forgot to "allow live trading" in EA settings
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My orders are opened with Zero stop loss and Take profit!! Help me!
There is no problem here. You use the Stealth mode. Stealth Mode protects you from cheating on the broker side. Using the stealth mode the take profit and stop loss values are not displayed to broker. That does not mean that your order does not have stop loss and take profit. It is "inner" and not visible.
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I get "order send error".
Check the take profit and stop loss settings. Some brokers do not allow scalping. Enable the Stealth mode.
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My trading results are bad. What is wrong?
There could be few possible reasons:

  1. First of all please carefully check all the setup steps according to the FAPTURBO GUIDE.
  2. If you use the Scalper strategy check the Spread value. It should be 3-4 for EURGBP or less for proper trading. Take into account that some brokers increase the spread value at night and cheat you! Check spread at night too.
  3. For scalper strategy make sure you use PROPER GMT OFFSET. Failing to set the proper GMT OFFSET will result in a loss and bad trading! Read GUID for more details!
  4. Please note that trading any forex strategy you should take into account that your goal is to make profit long term. You should check your results monthly or quarterly, not every day or every week. The idea here is to make you profit in a long run! So have patience and you will be amazed how well it works!
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My trading results differ from yours on site.
Trading results could differ in different brokers and even inside one broker. That is normal.
Demo and Real account have different spread size and different order execution times so results could vary too. That is not a problem.
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I see "Requotes or Off Quotes" and "Trade context is busy" ERRORS in Journal!
Requotes and trade context is busy errors happen on the broker side from time to time. We cant do anything about it. That is part of live trading and they should be expected. Such errors decrease profitability comparing to demo accounts but don't harm the system.
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My Scalper Trade was not closed on time! What happend?
Maybe you had disconnection issue or requotes problem that prevented EA from closing position in time. That sometimes happen on the broker size. If you have poor connection we recommend ordering VPS server to host your trades. Also you can close such invalid trades manually later.
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My Spreads for EURCHF and GBPCHF are larger than 3! What to do!?
Spread must be 3-4 for main pair EURGBP. For other pairs spread can be larger. it's OK!
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How to become a premium member, receive a personal premium support and settings?
Simply join Myfxchoice brokerage through our MyFxChoice link and fund your account to start Live Trading. As soon as you do so, just email us at premium@fapturbo.com for Premium support