BTC & FAPTv2.4 Combo; the latest version of the legendary FapTurbo Forex robot has been released about 6 months ago, and as its developers promised to keep it always up to date for the market, they have just completed the 2016 summer months optimized settings for this version after a hard work since it was released. These updated settings should be available on their official sever and as this version has an auto-update capability, the existing users just need to restart their MetaTrader, then the Preset update name will be displayed on the chart for April to October 2016 denoting a successful update, as seen in the screenshot below:
These new settings have been specifically created focusing on the period from April to October during which it should gain the best possible profits. During the last 4 months - from Jan to Apr 2016 - the robot could generate a total profit of +627,200. This is a great opportunity for those who are still didn't get a copy of the latest BTC&FAPTv2.4 Combo Premium (beta) version, which is available in the developers preferred brokers, MyFxChoice and/or Tallinex!
The combo MTS + Flash strategies of the robot are finely tuned in the new update to deliver the best possible results in the next few summer months, it trades more frequently, thanks to the new Predictive Filter, it automatically closes trades whenever a new Direction Turn point is detected which means a significant change in the currency pair's trend.
The long-term profits generated by the robot with the new Daily Predictive Filter and the updated optimized settings could reach +$1.53 Million over all the tradable pairs from Jan 2010 till now with preserving the best results in the medium term range, while just during the past 4 months from Jan to Apr 2016 its profits reached +627,200.
This is a quick look on graphs & profit figures for those results!
Since BTC & FAPTv2.2, turning the robot to run as the basic former Scalper option was available, so it can run just like the legacy FAPT Premium versions the very prime ones that formed the base core for the current new versions.
This can be done in the robot settings by switching UseStrategy to 2, the best profits in this case can be obtained by running or backtesting the robot on EURUSD, M1 while the Scalper defaults are always the same whatever the traded pair is! Here is the historical performance of the Legacy Scalper:
As a reminder, leaving the UseStrategy set to 4 will let the robot run the very latest optimized MTS + Flash settings, setting UseStrategy to 1 will run it for MTS only, while setting UseStrategy to 2 will just run the legacy Scalper alone.
Till date, for trading with FAPT robots:
This is a brand new trend filter type which was first integrated into FAPT2.x series. It's an independent technical predictor that uses non-linear regression and a group of other predictive techniques.
It can efficiently predict the Direction and Probability percentage of the medium-to-long term trend on daily basis.
Thanks to this filter, the TradeDirection can be automatically determined and controlled by the robot to yield the highest profits over time. For almost 6 years with BTC & FAPTv2.4 Combo Premium robots, it could increase the profit by about 218%.
Daily updated prediction data are available on the robot's official server which it checks daily to determine the current day best TradeDirection which allows both Buys and Sells but can be set to limit trades to either direction according to the new Predictive Filter results.
Values of the Predictive Filter’s Direction/Probability% range from -100% to +100% passing with zero%, where values above zero% indicate that the predicted trend is in the Buy/Long direction, while values below zero% indicates that the predicted trend is in the Sell/Short direction, -21.40% value seen in the screenshot above is an example.
The predicted Direction/Probability% value must cross the set Threshold%s in order for the Predictive Filter to confirm certain direction.
This is the most important parameter to well understand what the new Predictive Filter, it's the main parameter that controls the Predictive Filter effect on the robot's Trade Direction and trades with the following values:
This feature runs in synergism with the Predictive Filter as discussed before, it enable the robot to efficiently control its opened trades general trend direction to allow only Buys, only Sells or both together. This is applicable to MTS/Scalp and Flash modes but not to the Long-term trader. It has the following values as well:
RiskPercent is a new additional safety measure for both MTS and Flash modes to limit trades volume y a percentage of the account balance. It's set to "0%" by default which means that it's disabled and will not limit trades total size, but once it as set to a positive value greater than that, it will be checked on every opened trade for mode and pair, so if it's losing, the loss is compared to the predetermined RiskPercent and if the trade loss was greater, this trade will be closed to stop further losses.
FAPT Flash was first integrated into the FAPT2 series in the previous FAPTv2.3 combo version to target making quick, short-term profits by opening up to TWO trades on each pair the 1st trade has a smaller TakeProfit while the 2nd usually has a higher TakeProfit. This is considered a risky strategy that can make high profits and great losses too, so it's advised to use it cautiously and avoid trading Flash with both trades active on each pair.
Flash_TakeProfit2 is a new available option to limit Flash trades opening per currency pair to only ONE trade, it is a good Flash mode risk limiting option with the following values:
The minimum recommended account balance for the maximum possible profits is $2000 to $5000 or more with the following boundaries:
Important: As Flash mode is not designed to run on Bitcoin (BTCUSD), it is not included in BTC FAPTv2.4 Premium version.