FAP Turbo Settings
How This Works
Here are my current most prominent FAP Turbo settings used on my live account.
Latest Versions: v50
Version I’m Using: v50
*number refers to your build version of MT4
I’m not going to keep track of my Scalper Lots Risk Reductor settings (see below) as I frequently change them depending on my mood and market sentiment.
Current Live Setup
EA Start Date: 5th Jan 2009
Brokerage: Alpari UK
Account Type: Micro
Leverage: 200:1
Initial Start Up Capital: £500
Trading Long Term: No
Using VPS: Yes
VPS Details:
OS: Windows Server 2003
Memory: 512
Capacity Tested: Easily runs 4 instances of MT4 with over 50% memory still available
Price: Under £25 per month
A virtual private server (VPS) is basically a computer system set up on someone else’s machine. It’s a bit like web hosting but you have the advantages of a computer setup. Accessing your VPS is done through remote desktop. Once logged in, it looks similar to your own PC desktop.
The 2 main reasons I’ve moved to a VPS is so I can turn off my PC at night and for security reasons such as internet connection going down or PC crashing.
I’m using a VPS server from Easyspace. I upgraded it a little, but the VPS systems they offer are very competitive in price and so far have been reliable. They have had some good reviews and their live technical support chat is great.
Currently Traded Short Term Scalper Pairs
Open up the correct chart you want to trade. Apply FAPT and alter the default settings as below for the currency pair.
EURCHF Scalper_StartWorkTimeHour 20
EURCHF Scalper_EndWorkTimeHour 22
EURCHF Scalper_EndSessionMinute 30
EURCHF Scalper_MaxSpread 5
CHART 1 (using LOWER risk) – NOT CURRENTLY RUNNING THIS SETUP
USDCAD Scalper_StartWorkTimeHour 20
USDCAD Scalper_EndWorkTimeHour 20
USDCAD Scalper_EndSessionMinute 45
USDCAD Scalper_UseCustomLevels false
USDCAD Scalper_MaxSpread 6
CHART 2 (using HIGHER risk)
USDCAD Scalper_StartWorkTimeHour 21
USDCAD Scalper_EndWorkTimeHour 23
USDCAD Scalper_UseCustomLevels false
USDCAD Scalper_MaxSpread 5
USDCHF Scalper_StartWorkTimeHour 20
USDCHF Scalper_EndWorkTimeHour 23
USDCHF Scalper_UseCustomLevels false
USDCHF Scalper_MaxSpread 6
GBPUSD Scalper_StartWorkTimeHour 20
GBPUSD Scalper_EndWorkTimeHour 23
GBPUSD Scalper_UseCustomLevels true
GBPUSD Scalper_MaxSpread 5
Scalper_ManualGMTOffset 1 (Alpari UK)
Scalper_ExpertComment empty field
No other settings have been touched
