Hi all,

Until today I stayed away from Forex cause I felt it was too complicated for me... I didn't feel at ease.

Then someone talked to me about that automatic system, and since it looks interesting I've decided to give it a try... I really feel more comfortable with this, and I'd bet beginners will have the same feelings as myself.

http://tinyurl.com/2wvefp

We'll see the kind of results it'll give... I'll surely be more successful with this than if I was doing it all manually anyway lol!

Seb.

Hi Seb

Yes it does really well and there are some real test results here. The results show the start balance of $10,000 growing to $11,465 an increase of 14.65% in just 7 days, equivalent due to compounding growth of over 70% profit per 20 trading day month, which is amazing as it is fully automated. It's also your own funds so no problem with scammers and if you only have a small amount to use then best to get a mini-trade account. Marcus and his team guide people through all this when they purchase the system.

...John

Also, be sure to check all the video testimonials... It's worth a look.

I have been looking at forexautopilot and wondering just how easy is it for a complete novice?

Is there a huge learning curve?

How much money do you need to start?

Any assistance would be greatly appreciated.

Hi,

It's quite easy. Since it's automatic...
You should be able to start with a "low" amount (I put the quotes cause low means different things depending on your personal situation...). They talk about $500. It's better to start with a bigger amount though.
And since anyway they offer a money-back guarantee... If after trying you believe this was not for you, you're safe.
Hope this helps.

Seb.

Well, after a few days testing it, I confirm it couldn't be easier... I think that thing is idiot-proof lol!
At first I was afraid the software wouldn't be stable (it's a window$-only application and I wouldn't touch that thing micro$oft calls an OS with a 10-foot pole, I'm running it under Linux using Wine) but it is. And using Forexautopilot's system in MetaTrader is really a matter of knowing how to do drag-and-drop... Which everyone can do.
Note that the manual is important to set it up efficiently. It's not difficult, if you give yourself some time to read that manual...

I've found a testing report from someone else (I've been testing it for only 3 days and that system has been made to make profit on the long run according to the manual... Thus 3 days is not representative, although things are going fine for now). Have a look here if you're curious: http://www.scoutforex.com-a.googlepages.co...esterReport.htm

According to this, I'd say don't expect to make thousands a day with this system... BUT you'll make a profit. And that is enough for me

Seb.

I've decided to start publishing screenshots on my splash page (i.e. the link in my signature cause the one in the 1st post goes directly to the main site, my splash page wasn't reasy yet when I started this thread). That way you'll see the performance of the system...
I've tested other systems before this one (FAPS), and this is why a few lines have been blurred in the first screenshots - they have nothing to do with FAPS and were not really efficient... Well not at all lol!
There are only two screenshots for now, but I'll add more as the time goes.

Seb.

The link http://tinyurl.com/2wvefp is not working, can you provide other link?

Hi,

Sorry for that, that's weird it was working yesterday...
You can simply use the link in my signature (1st one), it goes to my splash page with the screenshots.

Seb.

Final result for today...

+61 pips in 3 trades.
The 4th trade is unfinished because the market closed, currently at +17 pips...

Seb.

New screenshot added: broker Alpari, +60 pips so far for today.
I also intend to test FAPS with FXCast because this broker accepts e-currencies.

Seb.

did you only use FAPs as your EA for your alpari account?

thanks.

Hi,

Not in the beginning, I have tested other EAs and this is why a few lines are blurred on the 1st screenshot. The others were not performing well. I have left only the trades that were done with FAPS.
Since Friday I am using FAPS exclusively.

Seb.

I;m a total nube never messed with forex at all and i know very little about it. Can this be tested on a demo account? Before using real money. And if so how long can you keep testing as my schedule will only allow me to test 1 day a week.

Hi,

Sure you can.
You can test it on a demo account with any broker of your choice, as long as that broker supports MetaTrader 4.
Concerning FAPS itself, you even have a 56 days money-back guarantee - thus you have two months to test it in demo mode and decide if you are satisfied with it or not.

Seb.

edit: why would your schedule allow you to test it only 1 day per week?
It's a fully automatic system - start it, set it up (it's easy to use but you may wish to mess a little bit with the settings to maximize your profits) and... Forget it. Just leave it on. It doesn't need your presence.

Well I would want to be in front of it cause i need to to test everything i have never traded only read about it. I don't know how to even read the backtest results on the website. I see the financial profits on the right side but I only halfway understand the rest of the items on the sheet so I would want to know exactly what everything is before i set it up. KNow what I mean? I just got off work so I'm a bit tired lol. But here's a question lets say i bought a lot for 10.00 bucks and it goes lower than that amount will it empty out my accounbt while i'm asleep or am i only in danger of losing the 10 bucks? See it's little tidbits of info like this why i want to be in front of it while it's running.
what is the win /lose ratio?
Thanks for any info you can answer with.

Hi,

Once you've started a trade, its profit or its loss depends on the value of the currency you've bought.
The price may go up, or down. But depending on the type of order you've placed (either buy or sell) you may actually need it it go either way (for a buy order you'd want the trend to go up to make a profit, for a sell order you'd want it to go down).

FAPS job is to decide when the right conditions are met to start a trade. Once it has started to make a profit it will protect it with a trailing stop (i.e. there's some profit but the trend seems to invert, then we take the profit now and close the trade, even if it's less than we wanted in the first place). You may also set a stop loss (there's a loss, we don't want it to go too low, thus we define a value from which we'll consider we call it a loss and close the trade).
You can start using FAPS with absolutely no knowledge, try it in demo mode, even leave it for a few days (especially since it may not start trading right away: its objective is to make successful trades, not to make many trades) then see the results (you don't need to monitor it even if you wish to learn from it since you'll have a complete report on what it has done), and later improve your strategy (value of the trailing stop, of the stop loss (S/L on the scrennshots), the take profit value (T/P), etc...).

To helpl you understand the results you may have seen:

* Balance: that one's obvious, it's the current balance of your account.
* Equity: your balance, but that one takes into account all the open trades and their current profit or loss. It is not definitive profit or loss since an open trade is of course not finished.
T/P: Take Profit value of a given trade
S/L: Stop Loss value of a given trade
Size: the lot size. If starting with a low account (like a few hundred dollars) you'll surely want to use small lot sizes because it'd cost less (your example at $10,00, assuming this is 1 lot, would only cost $1 with a 0.1 lot size).
Price: the current price of the currency of a given trade.
M1, M5, H1, etc...: periods. Use these to define on which time scale your EA should work. FAPS is made for M1 (1 minute).
EURUSD, EURGBP, etc...: currency pairs. Forex is about trading one currency for an other, thus they go by pairs.

Hope that helps.

Seb.

yup it did help, thanks. Are you the seller of this ea?
and is there a win/loss ratio? I've seen a few out there that claim 85% win and even higher claims. Sorry so many questions I am getting ready to invest something somewhere lol and want as much info as possible. (I lost a bundle in autosurfing 12dailypro, remember them, I don't want to lose again.)

Hi,

It's not mine if this is your question... There's no way I could write something like this! I'm just selling it, but that's all.

The author claims it has a 93% ratio; According to my experience it seems to be higher than the reality - it does make a profit and is right most of the time, but once in a while there can be a loss (thus a good S/L value is important; Don't set it too low or the systtem will drop trades that would have reverted to finally become a profit).
But the main point is it makes profit.

Don't compare this to hyips / surfs... Most of those sites are scams. I've had a good laugh recently asking in several hyips threads for the details of the company... In one of them I've even been told I was "stupid" for asking such questions - so according to that cheerleader it would be stupid to be willing to know who will manage my money, and if they are operating legally. I should just spend without asking questions. LOL!

With Forex nobody can scam you: you choose the right strategy, you win; You choose the wrong one, you lose. In both cases, you are in charge, you and nobody else.

Seb.

Alright...payday is around the corner lets see what happens. Thanks for all your help.

You're welcome.

I've changed my hardware about a week and a half ago (the hard drive of my laptop broke down) and didn't bother getting back my first test account... So last week I've started a new test, which I intend to leave running 24 hours a day. I won't interrupt it, whatever happens. The first screenshot is already available.

interested to get an update on this program.

Is it really that easy to set up and start working?

Yes.
It's been designed for people who don't know anything about Forex. It may not be the most performant (this I don't know), but if you know how to copy-paste, you can start using it. Just have a look at my personal splash page you'll see the 3 simple steps you need to do in order to get it working. I've put it all black on white, with screenshots.
If you try it, don't believe too much some reports that tell you you'll make a big profit quickly with it - according to my experience, it makes some profit, but isn't really "fast" (I'm talking about people pretending they are making +600 pips a day with it - it can happen, but there are days where it won't make a single trade, and other days it may start a trade that'll take several days to succeed, so 600 pips profit a day isn't true, because it isn't constant). It has been designed to be very simple to use, not to be fast.

Seb.

That Expert advisor only can be used on EUR/USD timeframe M1 i have that

Correct. It's been designed for this currency and time frame.

I've been using this system for about a week now and like Nuke says it is very very simple.

On top of that I also have my own system which has certainly paid off.

In USD/Eur I effect a Buy order and a sell order one after each other and I set a 20pip profit take on each.

Sometimes it gets taken in a couple of minutes other times it's a day but in 4 days I am $12 short of $1,300 profit on my test account.

MyPC is on 24 hours a day and i just leave the program running.

I'm using a test acount for 30 days before going live with real cash but i'm very excited for the future.

Hi, how do you attatch FAPS to your Broker account in order for it to trade? or do we attatch Meta Trader 4 to our Broker account?
Thanks.

Hi,

Actually each broker that supports MetaTrader 4 provides its own version of the application.
It is exactly the same program, except that it offers you the possibility to connect to your broker.
So if you have chosen a broker that supports MT4, then have a look on their web site they surely provide their own download. The applciation may be named differently (it's FxCast Pro with FXCast, ForexTrader.meta with ForexTe), but it's still MetaTrader 4... If in doubt just compare what they offer with my screenshots, they should look the same.
Then once you have the application installed and you have purchased FAPS it's only a matter of copy / paste and then drag and drop, as shown on my examples.

Seb.

Hi Seb,

Are your Expert Advisors working ok at the moment?

Friday and today mine have an X instead of theusual smiley face. I've not changed anything in fact I have re-installed the mt4 files from my download again in case something was inadvertedly changed but it's still the same.

hopefully nuke or anyone else could solve my problem...

I did everything right (I think) from step 1 to step 4 after reading the autopilot PDF... but unfortunately, i cant activate (step 5) my copy of FAPS because my expert ID is 0?!

Does anyone have a solution to this?

* I have sent an email to support@autopilot about 2 hours ago, but no reply just yet.

Hi,

What do you call "expert ID"?
I assume you have Forexautopilot in the list of your EAs just like in my examples and you dragged and dropped it on a EURUSD form? Or didn't you even reach that step?

For the support, you can't expect to get replies by the minute... Give them at least 24 hours.

Seb.



It means they are not enabled.
Maybe you should try to remove them from your forms and drag / drop them again?
Also I assume you put them on EURUSD forms only?

Yes solely in EUR/USD I copied new ones in again but still x it's a bit weird.

I'll keep trying might re-install the program fully.

you are right nuke, I have dropped the autopilot onto the chart, and it works fine (judging from the smiley face). but then an alert pops up saying "Your FAPS Copy is not activated. Please activate it in ForexAutoPilot.com Member Area! Your expert ID=0".

According to the manual, it's not suppose to be '0', so that i can key it in the autopilot members' page in order to get my activation code and then paste it in the Properties > Input > KEY section.


*I guess I was just to eager to begin trading, will wait for their reply then.




What about the tab "Expert Advisors" at the top of the page? Is it on?

I don't believe it thats what it was Doh !!! Don't know why it was switched off as it was ok until Friday.
Thanks for pointing out something so simple.

sometimes, when u place a new order or switch off your pc, your smiley face will change to X and the Expert Advisors button is turned off, realize that a few times... glad to help..

Probably u could help me with the "Navigator". I accidentally pulled it wide, and it's covering the other charts... and I have no idea how to bring it back to the original size, which is a simply small box under the market watch section.

Yeah just go to the very right of the Navigator box and you'll see two arrows to drag it back. Just hold down your left mouse button and drag it to the size you want.

lol, I didn't think about that...
I never see the smiley or the X - I don't run that application on winthing, I'd never use a microsoft system I just don't trust them, and don't need them... I run it on Vector Linux at the moment, using Wine which lets me run some win applications. It runs fine except for a couple of small bugs, like the smiley thing... So even when my "expert advisors" button is off I don't see an X.

Seb.

If you are missing the smiley thing I think you forgot to install MS core fonts. I have MT4 running under Ubuntu and I get the faces

Maybe... It's no big deal anyway

Can you edit the EA settings directly into the application?
It either makes mine crash, or I can simply not edit the fields... An easy workaround though is to save the settings, edit the settings file manually, then load it back.

Seb.

I believe we can make Thousands, IF we can get some MORE robots that can work with
other currency pairs. Testing is good, BUT I found settings in the manual were different
than the ones as default for the robot, which ones are best?

gsetiger

Hi,

I'd say the settings need to be adapted to your situation, especially the lot size... On a mini account you'd better reduce it or you may not have enough funds to sustain the trades. As you can see on my latest screenshot I'm running at 0.2 lot on a $3000 account, it makes smaller profits but is safer...
Also depending on your experience and the size of your account you may want to adapt the trailing stop value. Use it to secure your profit (i.e. once a trade is in profit you don't want it to got back into a loss, the trailing stop will force the system to take the profit if the "take profit" value hasn't been reached yet and the trend seems to revert).

Seb.

I've updated my screenshot recently... 25 successful trades out of 26 within a week.
With a 0.2 lot size it doesn't make a huge profit but still, this is real profit and it makes that single losing trade insignificant.

Screenshots page updated with a second screenshot...
Compare the two screenshots you'll see it's still the same account: the last trades from the 1st screenshot are visible on the 2d one.

Seb.

after i purchased the software ...at the first when i not familiar..i have lost a few hundred but now everyday i have make profit , sometime one day only 0.1lot trade but sometime i trade 3 times of course this is trade auto by autopilot system ..now i almost recover back my lost and toward profit ....this system very good but also depend on market condition ..sometime will hold the posistion overnight and then only be profit

Now you understand why it is important to try it on a demo account first

Does this really work? Someone else tried it out? And got screenshots?

Hi,

Well I do have screenshots... My test has been running for some time now and if you compare both screenshots you'll see this is the same account and I haven't cut anything.
But maybe others could provide more screenshots? I am talking about serious ones, because screenshots on an account that was openened 24 hours ago don't mean anything... That's the reason why I'm doing a long test.

Seb.

Exactly!

Im going to start testing this too. But do I need the FAPS to start the demo test ,to trade with "monopol money"?