Forex Trading Robot : FAP Turbo Weekly Update
At the start of this week I have adjusted the start time to 8pm GMT and finish to 12pm GMT. This means starting one hour earlier and ending one hour earlier. The reason for this was to avoid the long, often loosing trades, taken out in the last hour of trading. Whether or not this has worked it’s difficult to say with only one weeks results, however, the weeks trading figures have greatly improved, if this is chance or not I can’t yet say.
One of the robots advantages is in spotting an opportunity which a human would miss. Admittedly this does not happen often, but one did last night so I thought I would show you this.

Remember this is on the M15 time scale so you would have to have been there at the time this happened. The robot is quick to enter at the right time making 11 pips.
Alpari Uk have changed their spread system I have just noticed it this week, as the spread figures calculated by FAP Turbo are now moving all over the place when trading during the Asian period. This may be good news, but I am not sure yet. Here is Alpari’s first announcement:
Alpari (UK) introduces flexible spreads – minimums on average 25% lower than current fixed levels
From Thursday 30th July, Alpari (UK) will be tightening minimum spreads across ALL currency pairs and precious metals. Flexible spread minimums will be reduced on average by 25% and up to 60% for some currency pairs compared with current fixed spreads.
With the introduction of additional price feeds, clients will be able to access significantly tighter spreads as we pass on the benefit of the tighter spreads available to us from the Interbank market.
Flexible spreads will also bring a greater degree of price-transparency to clients’ trades along with institutional-level pricing and lower transactional costs.
The introduction of significantly lower minimum spreads supports our commitment to providing clients with the most accurate Forex pricing, better execution and wider market access. We will also take every opportunity to tighten them further in the future.
During certain times of the day, periods of lower liquidity and when there is increased market volatility, spreads will naturally widen. Fully understanding the dynamics of flexible spreads is key to better-informed and more considered trading and the Alpari Academy will soon feature new tutorials and expert, impartial advice on the topic of spreads.
Flexible spreads will be integrated in Alpari (UK) Demo accounts from 30th July 2009 and in Alpari (UK) Live accounts within a matter of days.
Following this announcement a further change is also in the pipeline:
Alpari (UK) introduces flexible spreads – minimums on average 25% lower than current fixed levels – Tuesday 18th August 2009 (23:00 GMT)
From market opening 18th August 2009 (23:00 GMT), Alpari (UK) will be tightening minimum spreads across all currency pairs and precious metals on Demo and Live accounts.
Flexible spread minimums will be reduced, on average, by 25% and up to 60% for some currency pairs compared with current fixed spreads. Refer to the table below.
With the introduction of additional price feeds, clients will be able to access significantly tighter spreads as we pass on the benefit of the tighter spreads available to us from the Interbank market.
Flexible spreads will also bring a greater degree of price-transparency to clients’ trades along with institutional-level pricing and lower transactional costs.
The introduction of significantly lower minimum spreads supports our commitment to providing clients with the most accurate Forex pricing, better execution and wider market access. We will also take every opportunity to tighten them further in the future.
During certain times of the day, periods of lower liquidity and when there is increased market volatility, spreads will naturally widen. Fully understanding the dynamics of flexible spreads is key to better-informed and more considered trading and the Alpari Academy will soon feature new tutorials and expert, impartial advice on the topic of spreads.
Now I am confused, is this on top of the first change or not, I guess so ? I have contacted Alpari UK about this change and hope to post their reply shortly. My immediate thought is great, however, this may mean higher spreads when trading in the Asian period as our pairs are low in liquidity at this time. I have seen the spreads from Alpari go very high at times this week, but then they drop quite low again. Since the robot knows this in real time it can work out when to close and open trades. So as long as the spread goes low frequently enough then things may be better with this system.
So OK… here are the weekly updated results.
| Weekly win | Weekly Loss | Weekly Gain |
| £4266.88 | £-287.97 | £3978.91 |
| Percent wins | 73.95 |
| Average Win | 340.38 |
| Percent loss | 26.05 |
| Average loss | 464.8 |
| Expectancy | 130.63 |
| ROI | 0.16 |
| No of wins to date | 88 |
| No of losses to date | 31 |
MT4 Stats have last week updated their reporting format with graphical and pip data. The bugs we saw last week are getting less and hopefully MT4 Stats will get even better in the future. Just click the blue box above for the data.
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