FAP Turbo get a full 5 stars out of 5 stars rating because of its top popularity (Rated highest with Alexa traffic Rank: 31,123), highest profit factor (31.77) and lowest maximum draw down (0.32%). But the ROI monthly is rank second (207%) just below (Million Dollar Pips) 925%. FAP Turbo score 280 for S3 grading because it feature live real test results, posted history back tested results, uses 3rd party results verification of live trading, provides proof of past results, many testimonial from customers, excellent after sale support, a comprehensive FAQ section, money back guarantee and instant access to download the software.How this Forex Trading Software rank among others?
Attach a table below summary of Forex EA software comparison using ROI, Profit factor, Max Draw Down, S3 scores and Alexa.com rank. FAP Turbo is high lighted in Red colour.
| Forex EA | ROI (Monthly) | Profit Factor | Max Draw Down | S3 Scores | Rating | Alexa.com |
|---|---|---|---|---|---|---|
| FAP Turbo | 207% | 31.77 | 0.32% | 280 points | 5 stars | Rank 31,123 |
| GPS Forex Robot | 28% | 3.93 | 5.68% | 260 points | 4 stars | Rank 283,290 |
| Forex MegaDroid | 19.8% | NA | NA | 250 points | 4 stars | Rank 72,310 |
| Leo Trader Pro | 32% | 2.85 | 5.84% | 250 points | 4 stars | Rank 213,570 |
| Forex BulletProof | 11% | 1.32 | 19% | 250 points | 4 stars | Rank 309,467 |
| Million Dollar Pips | 925% | 2.13 | 2.58% | 240 points | 4 stars | Rank 75,635 |
| Forex Growth Bot | 148% | 1.66 | 9.05% | 190 points | 3 stars | Rank 214,229 |
| Forex Over Drive | 5.8% | NA | 21% | 190 points | 3 stars | Rank 453,393 |
FAP turbo website popularity from Alexa Traffic Rank is 31,123 the highest ranking as compare to the next nearest two is 72,310 (Forex MegaDroid) and 75,635 (Million Dollar Pips).This is significant as compare to other MT4 EA Forex software in the market. As the MT4 Forex community is small but the volume of trading in the currency market is comparable to banks and institution currency trading.
Stretegy Tester Report
FAP Turbo published their back tested results and below is a printout of the strategy tester report from year 1999 to 2011. The tester is using EURCHF with 15 minutes trading interval period. (Click on picture to view detail.
The EA executed 14088 trades over 12 years which is equal to 97 trades monthly. The short and long position are comparable at 6311 vs 7777, show that it is working in high markets and as well in low markets.
The starting account of $10k is consistent profited to $1million from 1999 to 2011. The results show a very low draw down of 0.32% and a high profit factor 31.77 With 99% winning trades, it means for every dollar loss, the software will make $32.77 and the maximum losses is 32 cents with $100 balance in the trading account. Very impressive results for a EA software consider going through the economic recession in the 1999 and 2008, and weak market condition after 2011 September 11.
Note:
Profit Factor is gross profits divided by gross losses. (The higher this value better)
Winning trade percentage is total win trades divided by total trades (win+loss). (Higher value better)
Maximum draw down percentage is the highest losses you have divided by account balance. (Lower value better)
Trade Result Analysis
Fap Turbo has been on the market for few years and has gained many followers and every month they updated the software to stay with current market trends. I can say this software makes money for many people but you have to set the parameters and configure it properly to suit your training risk and profit expectation.Trade Result Analysis
There is definitely time when the market it trending up or trending down. Do hold on to it for a longer time to see profitable results. I did some review posting and below is the summary overview. (Click on the picture to see in detail). Attached a screen shot of the account balance which stated in 2010 Dec 24. As of 2012 Feb 08, the account total $145k, with a starting balance of $5k, this work out a ROI of 207% every month. (Total 12 months). This is a impressive figure as compare to stock market index which is about 10% yearly ROI. With low draw down and good profit factor, this is definitely the EA software you must have.
Forex EA software if you did the initial setup configuration correctly, it will gain passive income for you every month. You only need to maintain the MT4 software to be continuously running and connected to an internet connection. With the popularity of internet at home, this setup is almost found in every household with internet connectivity enabled.
FAP Turbo also posted live result verified by 3rd party Forex trader. Another account screen shot captured above which started in 2011 Jun 19 with $15k balance. As of 2012 Feb 07 (7 months later) the balance remains at $27k. Calculated with a ROI of 25% monthly (or 300% annualized), This is much lower then the first comparison posted, but it is still much better then unit trust investment of 6 to 15% annually. (Click on picture to see in detail)
What strategy is it?
Attached a screen capture of the FAP turbo trades from 2012 Jan 24 to 2012 Feb 02. (Click on the picture to see in detail).24 trades open at 2300 hrs GMT time. 6 trades open at 0000 hrs GMT time, it show the trading strategy is time triggered and will only execute trades when during 2300 to 0100hrs GMT time.
The trade currency are triggered individually with no cross reference between them USDCAD, USDCHF, GBPUSD, GBPCHF, EURUSD and EURCHF.
Do take note that lots is lesser for GBPUSD, GBPCHF due to the higher exchange rate to buy/sell when converting USD to the other currency GBP/CHF.
Most trade closed within the next 2 hours except 4 trade (out of 30 trades) close more then 2 hours to 10 hours after trade executed. Trades profit gain is 3 to 8 pips and losses at 30 to 35 pips. Overall trading strategy is not aggressive and provides small and consistent profit under control timing triggered and short (less then 1 day) trade closes.
FAP Turbo using 2 strategy long term and short term hedging. You can see trades during the ending hours 2300 GMT for EURUSD, GBPUSD, USDCHF and USDCAD setting which gives very good stable volatility for the next 2 hours. Scalping profit gains from 5 to 10 pips for each trade each currency. Stoploss is set at 60 to 120 pips. There is plenty of option for you to setup and run on your account.
S3 Grading Scoreboard
Best Forex Automated System Top Ranking - My S3 grading system for FAP Turbo. (Refer to picture for detail). The website features live real time trading results, provided detail historical back tested trading results and also posted live account results verification by 3rd party and proof of past earnings.You can also find many testimonials from happy customers with good after sale support and comprehensive FAQ. As a Clickbank product, it comes with money back guarantee and instant download access.
Total points = 280 point.
(5 out of 5 stars)Not enough? Read more...
Click to access the website for 5 more video reviews, 224 customer comments, 13 Question & Answer and 3 more trading account result proof to you ----> FAP Turbo
