FAPS TURBO REVIEW

Does Forex AutoPilot Turbo Really Work?

This question has haunted me ever since I first heard of Forex AutoPilot, does FAPS really work or is FAPS just another elaborate marketing scheme set up by people who know more about selling products than trading Forex? I had come to learn that making an Expert Advisor was not very difficult. You can actually open up and edit EA’s to see how these EA’s are made exactly. Based on this revelation, I then thought it would be quite easy to “hype up” this EA you had just created touting its amazing abilities and prove it by showing you backtests. But does FAPS work with real money? Does it trade effectively on auto pilot with real money in a broker, trading live? It’s a question I can now help everyone answer, because I have just become the owner of Forex Auto Pilot Turbo. FAPS, the predecessor to FAPS Turbo is available for free almost anywhere you look, Torrents, Rapidshares, Many file downloading sites… but FAPS Turbo I actually had to buy because its available nowhere for free.

I forget where I first heard of FAPS Turbo but I truly have been interested ever since that moment in testing out the amzingly profitable Forex Bot myself. There have been oh so many sites “reviewing” FAPS Turbo but what is their motivation for doing so? I can tell you, I just want to see if it works half as well as “people” say it do.

Right out of the box I added the EX4 to EURUSD, EURJPY, GBPUSD, and AUDUSD charts and will let this run on a $1,000,000 Demo Forex account at FXDD. I will be testing out Faps Turbo on two EURUSD charts, once with the default settings of 500pip stop loss and a slight modification of 100 Pips Take Profit level.

The second setting I will FAPS Turbo with a setting of 50Pips Take Profit and 50Pips stop loss and a 20pip trailing stop. Part of me just cringes at any system “needing” a 500Pip stop loss for any reason, unless you have millions covering your account, I just don’t see how its plausible. Maybe one can correct me on this. I believe the default settings for FAPS Turbo needs to include a trailing stop. With other bots and EA’s I’ve experienced amzingly high winning trades only to see the same trades result in losses because there was no trailing stop employed in the settings. Alternatively you can add your own trailing stop by right clicking on a chart in MT4 and selecting the trailing stop you’d like to set.

At any rate, I hope to return some good news to you all by tomorrow evening about Forex Auto Pilot being an awesome forex system. I do fret, however, that the FAPS Turbo bot will be another smelling pile of poo. Not to be too judgemental, but the only people I see giving it good reviews are those who have a vested interest in seeing a positive light be cast upon the bot. These people namely being other clickbank members (beside myself) who are earning $50 for referring you to them. Hell, I won’t turn down free money and would also refer you to FAPS Turbo, ONLY IF IT WORKS FOR ME. I give you this much.