Scalper_UseCustomLevels
July 9, 2009
7 FAP Turbo trades for a total profit of 26.5 pips (£77.43). Click image below.
For the last trade this session I decided to update the Scalper_UseCustomLevels setting to false. The overall trend was decreasing for the EURCHF and the trade had been on for several hours. I knew this trade would close at best with a small loss. By altering the setting above to false, it told FAPT to wait and close the position at take profit. You will notice the position closed for 3.8 pips. This is not the 5 pips we should have seen but it’s also not the loss that would have been inevitable if I had not changed the Scalper_UseCustomLevels setting.
All in all, not a bad trading session.
Hi again.
Do you mind telling me your megadroid settings?
Thanks,
CL
Hi, my MegaDroid settings are default. Apart from my risk which is around 10 – 15%.
Hank,
Will you still continue Scalper_UseCustomLevels setting to false for this week?
Which pairs are you using for this setting?
No, I’m happy with the default setting. It’s there for our safety. I changed it just this one time for the EURCHF.