As announced on behalf of Fapturbo developer team in the previous post BTC FAPTv2.1b Premium Settings For September 2014 and despite the lack of commitment to the announced deadline, the latest FAPTv2.2 Premium is live now, but BTC FAPTv2.2 - the Bitcoin trading version - is still in beta-testing and is expected to be released later in October.
This latest version new features makes it a highly sophisticated version compared to the earlier FAPT2 versions, it could generate long-term profits near +$60,000 through all pairs starting from Jan'10 till now while keeping its medium-term profits better that ever before exceeding $28k just over this year 2014; here is a list of the new features in the latest version:
This is the main feature of this version by setting the new parameter DownloadLatestMTSsettings to TRUE which is the default value which if set to FALSE, it will make the robot run in legacy Scalper mode described below. In the previous versions you had to wait for the release of new optimized settings by the software developers, download and apply them on your running version manually, this won't be necessary in this version as all you have to do is to restart your MT4 abd the robot will perform these steps automatically packed with a fail-safe mechanism through which it backs up the last successfully run settings to be retrieved and reapplied if the automated update process failed for any reason.
The scalper mode that was the most basic trading behavior level of the legacy FAPT Premium versions; the base core of the recent FAPT2 series, is now available in the latest 2.2 version. Its default settings are the same regardless of which pair its trading. You can apply this mode by switching DownloadLatestMTSsettings to FALSE, the best pair for it is EURUSD on M1 and this is its historical data backtest results:
+$10k Legacy Scalper Profit on EURUSD, M1 (Jan'10 to Sept'14)
The very latest optimized MTS settings will be the default trading mode of the robot if DownloadLatestMTSsettings was left set to TRUE, while the legacy Scalper mode will be applied if that parameter was set to FALSE.
A TrailingStop option is now incorporated in the latest version along with the Breakeven feature that fastens potential profits grabbing by the robot as soon as it's in its sight and keep profitable trades from turning into losses if the market condition was turning against a favorable trading direction. This is detailed in the robot manual.
Best Tradable Pairs:
The most stable and safest currency pair to trade on with FAPT is still EUR/CHF.
The best other pairs now are BITCOIN (BTCUSD), GBPCHF, EURGBP, USDCHF and EURUSD or GBPUSD.
The newly added successfully traded on pairs are USDCAD & EURCHF.
BTC & FAPTv2.2 Premium Performance Results with the Latest Optimized MTS Settings:
If you choose to trade through one of the Fapturbo preferred brokers FxChoice or Tallinex, a clean re-installation of their latest MT4s with latest FAPTv2.2 Premium robot pre-installed is recommended and if you already using a previous FAPTv2 robot version you need to clear it out first as follows:
Then over write the existing MT4 with a new installation of the latest station downloaded from the broker's website, if these steps were successfully performed, you'll then find the latest FAPTv2.2 Premium in Expert Advisors list of the MT4 after being restarted.
If you got troubles installing &/or upgrading to this version you can email the the robot Premium tech support at premiumfapturbo2.com, or if you have a general issue or query send it to supportfapturbo2.com, they usually reply within 24-48 hours, repeated emails are not required.
Information, charts or examples contained in this blog post are for illustration and educational purposes only. It should not be considered as an advice or endorsement to purchase or sell any security or financial instrument. We do not and cannot give any kind of financial advice. No employee or persons associated with us are registered or authorized to give financial advice. We do not trade on anyone's behalf, and we do not recommend any broker. On certain occasions, we have a material link to the product or service mentioned in the article. This may be in the form of compensation or remuneration.
Forex Combo System WallStreet Forex Robot 3.0 Domination Omega Trend Broker Arbitrage FX-Builder Forex Diamond Volatility Factor Pro GPS Forex Robot Tick Data Suite Vortex Trader PRO Forex Trend Detector Swing Trader PRO RayBOT Forex Gold Investor FXCharger Best Free Scalper Pro Gold Scalper PRO News Scope EA PRO Smart Scalper PRO FX Scalper Evening Scalper PRO Waka Waka Golden Pickaxe Perceptrader AI Happy Bitcoin Traders Academy Club Quant Analyzer AlgoWizard Quant Data Manager FXAutomater InstaForex RoboForex IronFX Tickmill FXVM Alpari FX Choice TradingFX VPS Commercial Network Services QHoster GrandCapital IC Markets FBS FX Secret Club StrategyQuant X Happy Forex LeapFX Trading Academy ForexTime Magnetic Exchange XM BlackBull Markets ForexSignals.com Libertex AMarkets HFM Broker FxPro Binance ACY Securities IV Markets MTeletool Forex Store Valery Trading Telegram Signal Copier EGPForex
Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.
Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.