I had been using fapturbo since its inception in late November 2008, and had very good results. These folks post new versions of the system every couple months. With the update from version 44 to verion 45, the performance of the system degraded considerably. I was running version 44 and version 45 simultaneously to find that in version 45, the system accepted small gains & large losses.
V. 44:
3573846 2009.03.19 17:43 sell 4.00 eurgbp 0.94181 0.95870 0.93740 2009.03.19 17:44 0.94118 0.00 0.00 0.00 366.29
3574161 2009.03.19 17:55 buy 4.00 eurgbp 0.93994 0.92290 0.94400 2009.03.19 18:17 0.94047 0.00 0.00 0.00 308.05
3576519 2009.03.19 20:13 sell 4.00 eurgbp 0.94212 0.95850 0.93710 2009.03.19 21:52 0.94201 0.00 0.00 -29.00 63.86
3578603 2009.03.19 21:52 buy 4.00 eurgbp 0.94205 0.92610 0.94730 2009.03.19 23:18 0.94238 0.00 0.00 0.00 191.09
3580714 2009.03.19 23:18 sell 4.00 eurgbp 0.94261 0.95930 0.93770 2009.03.20 00:18 0.94227 0.00 0.00 0.00 197.28
Open Trades:
Ticket Open Time Type Size Item Price S / L T / P Price Commission Taxes Swap Profit
3575252 2009.03.19 18:43 sell 4.00 eurgbp 0.94118 0.95640 0.93520 0.94232 0.00 0.00 -29.00 -661.30
3575260 2009.03.19 18:43 sell 4.00 eurgbp 0.94118 0.95810 0.93620 0.94232 0.00 0.00 -29.00 -661.30
V. 45
249390 2009.03.19 18:55 buy 0.80 eurgbpstp 0.93976 0.92380 0.94460 2009.03.19 19:13 0.93999 0.00 0.00 0.00 26.74
249536 2009.03.19 19:43 sell 0.80 eurgbpstp 0.94128 0.95710 0.93540 2009.03.20 00:04 0.94225 0.00 0.00 4.43 -112.50
249537 2009.03.19 19:43 sell 0.80 eurgbpstp 0.94131 0.95780 0.93570 2009.03.20 00:04 0.94223 0.00 0.00 4.43 -106.73
Open Trades:
Ticket Open Time Type Size Item Price S / L T / P Price Commission Taxes Swap Profit No transactions
So, the new & improved version accepts 2 pip gains and 10 pip losses. The older version will simply hold positions until they can be closed for a minimal loss.
I attempted to post this on the fapturbo site & received a reply from the moderator "donnaforex" indicating that there was considerable volatility in the forex markets yesterday & that was the reason for my losses (NOT TRUE! The results were from TONIGHT & I was running the two versions simultaneously in different accounts on the same currency pairs). She further indicated that I could apply for a refund if I wanted, but I could not have the old version of the system to use after its expiration date in a few days.
Fapturbo has gone completely down the tubes with the latest upgrade, they practice censorship on their message boards that would make Stalin proud, and their customer service is non-existent.
Buy this EA at your peril.
