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Frequently Asked Questions

General Forex Trading Questions
Q:
What is Forex?
The Foreign Exchange market, also referred to as the "FOREX" or "Forex" or "Retail forex" or "FX" or "Spot FX" or just "Spot" is the largest financial market in the world, with a volume of over $2 trillion a day. If you compare that to the $25 billion a day volume that the New York Stock Exchange trades, you can easily see how enormous the Foreign Exchange really is. It actually equates to more than three times the total amount of the stocks and futures markets combined! Forex rocks!
Q:
What Tools Do I Need to Start Trading Forex?
A computer with an internet connection or virtual private server for remote trading is all that is needed to begin trading currencies. We provide full detailed instructions so no forex knowledge is needed.
Q:
What trading software do I need to run FAPTURBOv3.0 and where do I get it from?
Our BTC & FAPTURBOv3.0 PREMIUM robot is designed to run on ANY MT4 broker with the popular forex trading platform Metatrader4. For the convenience of our members, the robot comes pre-installed with our preferred broker FxChoice. The Metatrader4 platform can usually be downloaded for free from the broker's website via a download link that will be made available after you've registered for a live account. FYI, our FAP3.x series is not limited to FxChoice, you can run it on ANY broker that uses Metatrader4!
Q:
What is an Expert advisor (EA)?
Expert Advisor is an automated robotic script written in MQ4 language that can work on the Metatrader4 platform and make trades for you!
Q:
Can advisors work when I am away or go out?
Yes, they can work 24 hours/day for you. You don't need to monitor the trades if you don't have enough free time. Our FapTurbov3.0 Robot Advisors will monitor the trades, open orders and close positions for you when needed. Just keep your MetaTrader on to let them work their magic!
Q:
What if my PC lost power or rebooted?
No problem here! Just run your Metatrader again, make sure the Expert Advisors are ON and they will resume trading. If you have continuous power losses and poor internet connection or simply cant keep your PC online all the time we suggest that you order VPS (Virtual Private Server) from FxChoice for hosting your trading.
Q:
How to remove the robot / expert advisor?
To remove an advisor, just right click on its name or face in the top right part of the chart and select Expert Advisors -> Remove. Don't forget to close all open trades of the current advisor if you remove it.
Q:
Should I remove or turn off the expert advisor on weekend?
No need to do that. It will sleep when the market is closed and continue to work on Monday automatically.
Q:
Does FOREX work 24/7 ?
No. Only on business days. No trading on weekends.
Q:
What is Virtual Private Server (VPS)?
VPS is a special service that can host your trading on a remote server so you no longer need to keep your PC on 24/5 for trading! Click here for more info on FxChoice VPS
Q:
Demo or Real account?
You should always try your expert advisors on Demo account first to check if your broker is compatible with your current expert advisor! We don't recommend trading on Real account without testing on Demo first!
Q:
Can I run several advisors on the same account at the same time?
That's a great idea! Yes, you can certainly run several advisors simultaneously to increase your profits, especially with our BTC & FapTurov3.0 robots. Don't worry if it sounds daunting — we'll give you full instructions how to do it.
Q:
Can I run FAPTURBOv3.0 PREMIUM with other EAs or with manual trading?
Yes, you can. The Magic Number feature helps our FAPTURBOv3.0 robots to separate their trades from other trades. Magic number is the unique ID number of each advisor to help the system understand which advisor is making a trade if you attach several advisors at the same time.
Q:
How to become a PREMIUM member, receive personal premium support and the latest Premium robots?
Simply join our preferred broker FxChoice and fund your account with atleast $500 or more to start Live Trading. As soon as you do so, just email us at premium@fapturbo3.com for Premium support
Brokerage And Trading Setup
Q:
Which broker should I choose?
Our FAPTv3.0 Premium robots can run on ANY MT4 broker but they are optimized for best profits on our preferred broker, FxChoice. Fortunately, we've made it convenient for you when you sign up for FapTurbo3, you will also be auto-registered at both of our preferred brokers. You can also receive great deposit bonuses from these brokers! Remember the great account we showed you before with a 85% profit live trading performance? Many people were asking what the secret broker was that had great conditions for Fapturbo trading? Well, now you know the answer!
Q:
What is Metatrader4 and where to download it?
Metatrader4 is a free trading platform. Our preferred broker is FxChoice, so all you have to do is download and re/install their latest Metatrader4 from this link here: http://myfxchoice.com/software
Q:
How to Install Metatrader4 for FxChoice?
Please watch our video tutorials in "VIDEO TUTORIALS" section in the member area.
Q:
I have MAC OS. Can Metatrader4 work on MAC?
Metatrader4 was created for Windows only but there are alternatives. Best way is to order VPS service from MyFxChoice that can work with MAC OS without any problem. is to order VPS Service that can work with MAC OS without any problem.
Q:
How to become a PREMIUM member, receive a personal premium support and settings?
Simply join our preferred broker FxChoice and fund your account with atleast $500 or more to start Live Trading. As soon as you do so, just email us at premium@fapturbo3.com for Premium support
Getting Started With BTC / FAPTURBOv3.0 PREMIUM
Q:
Do I have to trade myself? Is it difficult to setup?
No! All you need to do is setup these automated trading robots (expert advisors) and let them trade on your account to bring you profits! You will get step-by-step instructions how to setup and run them + we have prepared a great set of Video Tutorials for you!
Q:
How to install BTC & FAPTURBOv3.0 PREMIUM?
All you need to do is download and install the latest FxChoice metatrader4 from this link below, and we can also provide you with an easy installer that you can use to setup FapTurbo3 on any other Metatrader4 broker as well:

http://myfxchoice.com/software

Please watch our video tutorials in "VIDEO TUTORIALS" section in the members area.

Q:
How much money do I need to start trading?
With our FAPTv3.0 robots, you can start trading with as little as $500, but for Bitcoin, we recommend starting with $1,000 or more for best profits! Remember that starting out with low trading capital may put you at disadvantage because you will only be able to trade the market in small share sizes. We recommend that you start with capital of $1,000-5,000 USD or train on a Demo account till you are satisfied with the performance.
Q:
Is it hard to learn and implement your trading system?
No! Most people that purchase our FAPTURBOv3.0 robots start trading within minutes of installing. We provide detailed instructions and cool Video Tutorials! Please watch our video tutorials in "VIDEO TUTORIALS" section in the members area.
Q:
Where can I get the Adobe Acrobat Reader to open PDF guide?
Download Adobe Acrobat Reader on http://www.adobe.com for free.
Q:
Where is the folder of Metatrader experts? I cant find it on my PC!
The common folder for Metatrader experts is usually C:\Program Files\Metatrader4\experts OR C:\Program Files (x86)\Metatrader\experts or similar. However, the Data Folder that should contain the actual robot files can be found by clicking the File menu in your MT4, File=>Open Data Folder, then navigate into \MQL4\Experts
Q:
How to place FAPTURBOv3.0 PREMIUM on VPS?
First of all, you should order the VPS service from FxChoice. Once you do so, the latest FAPTURBO v3.0 Premium robots will be available to you with the latest FxChoice metatrader installed on your own VPS. Read the VPS service manual/videos for more information. If you require assistance with installation on your VPS, please be sure to send us your VPS login details (such as IP/link, username and password). Please email your VPS details to premium@fapturbo3.com and we shall assist you asap. Also, be sure to watch our Video tutorial#3 in the Members Area which shows how to configure our FAPTv3.0 robots for FxChoice VPS.
Q:
How to become a PREMIUM member, receive a personal premium support and settings?
Simply join our preferred broker FxChoice and fund your account with atleast $500 or more to start Live Trading. As soon as you do so, just email us at premium@fapturbo3.com for Premium support
FAPTURBO3 Activation
Q:
How to Activate FAPTURBOv3.0?
Please read the "Activation" section (Step 3) in our main FAPTURBO3 Premium GUIDE, which you can obtain from the Downloads page. We have explained it there in detail. Also, be sure to watch our Video tutorials here in the Members Area.
Q:
I don’t get any authentication alert/result on the chart!
Maybe you forgot to check "allow DLL imports" and remove "Confirm DLL function calls" in the EA settings. Another possible reason: Today is a non-trading day (weekend or Friday, for example). Wait 2 days for this alert to appear. It will appear during only trading days. Also check you have installed all files correctly.
Q:
I want to activate more trading accounts! How?
Your Fapturbov3.0 Member License is valid for the Activation of 2 (two) Live real money accounts and unlimited demo practice trading accounts! If you have used up both activations, you will not be able to activate any other trading accounts without purchasing a new Fapturbov3.0 License. We don't provide refunds for used accounts! If you have more trading accounts and need more licenses, please feel free to purchase a new Fapturbov3.0 account with $10 discount here: Purchase Second FapTurbov3.0 License
Q:
How to find out when my License will expire?
The good news is that there is no time limitation in FapTurbov3.0 or BTC Premium. We will periodically update the robots however, so be sure to check in at the Member’s Area from time to time.
Q:
My Metatrader crashes when I try to attach EA to the chart
That means you are using an outdated version of MT4. Please update it to the latest build.
Q:
How to become a PREMIUM member, receive a personal premium support and settings?
Simply join our preferred broker FxChoice and fund your account with atleast $500 or more to start Live Trading. As soon as you do so, just email us at premium@fapturbo3.com for Premium support
FAPTURBO3 Settings and Configuration
Q:
Can I adjust parameters of the FAPTURBO3 advisor?
Of course! You can change stop loss, take profit and several other parameters and filters depending specifically on your needs. All of them are described in the main FAPTURBO3 GUIDE.
Q:
What are the different strategies in FAPTv3.0 and which timeframes/pairs should I choose?
FAPTv3.0 Premium has 2 built-in strategies which can be switched on and off easily using UseMediumTermStrategy parameter in FAPTURBO3’s settings. The Long-term strategy works only on EURUSD M1, while the Medium-Term Strategy (MTS) works on several pairs: EURGPB, EURCHF, GBPCHF, USDCHF, EURUSD, GBPUSD or USDCAD and on any Timeframe. As for BTC FAPT2 Premium (which runs on BITCOIN or BTC/USD only), it has two modes of operation: the MTS and Scalper mode. Read both our GUIDEs for more information.
Q:
Which strategy is the best one?
There is no clear answer to this question. Every strategy is a unique system of trading, and each has its own strong and weak points. We recommend running both systems at the same time. You know, diversification is the key to success!?
Q:
How to switch between Strategies?
In both FAPT2 robots, you can switch between strategies using the UseMediumTermStrategy parameter.
True = Medium-Term strategy. False = Long-Term strategy (in BTC FAPT2, False switches to its Scalper mode)
Q:
Can I run 2 strategies on one account?
Yes you can. Attach FAPTURBO3 EA to the proper charts and set proper parameters for each strategy. Read the GUIDE and watch our video tutorials in "VIDEO TUTORIALS" section in the member area.
Q:
Warning: What are the most important parameters that I have to change?
In both strategies, you should set the proper Lot size. You do not have to worry about the GMT Offset while running the robot on a live feed, as long as UseAutoGMTOffset is set to true (which it is by default). And of course, the Authentication parameters, i.e., your Email address & CB receipt#. Please watch our video tutorials in "VIDEO TUTORIALS" section in the member area.
Q:
How to Set Proper Lot size?
Use Lots = 0.01 for every $200 of your account balance. For example, 0.1 lots for an account size of $2000. Or use Lots = 0.5-1.0 for deposits that are $10K and above. The numbers could vary depending on your broker rules! Please watch our video tutorials in "VIDEO TUTORIALS" section in the member area.
Q:
What is GMT OFFSET Parameter?
GMT OFFSET is a very important parameter, especially for the Medium-Term strategy. It defines the offset in hours between GMT and your broker time (market watch in MT4). FAPTURBO3 has an automated GMT offset feature, but when backtesting, the Manual GMT Offset should be set carefully in order to let FAPTURBO3 run properly. If you fail to set the GMT offset carefully, you will see unexpected losses on your backtests. Ask your broker about their GMT Offset if you are not sure! Please watch our video tutorials in "VIDEO TUTORIALS" section in the member area.
Q:
What does Magic number mean in the expert advisor?
Magic number is the unique ID number of each advisor to help the system understand which advisor is making a trade if you attach several advisors at the same time.
Q:
My Market Watch is Frozen! How to set GMT Offset?
Please note if your Market Watch is frozen that means that your broker is on the weekend holiday and that broker time is not valid. You should wait for a day or two until the weekend is over, after which the broker and markets will resume trading!
Q:
How to change the parameters after I attached the EA to the chart?
Right click on the smiling face and select "Expert Advisors -> Properties" or press F7. Double click on parameters in INPUTS Tab to change them!
Q:
What is a Stealth Mode?
Stealth Mode protects you from cheating on the broker side. Using Stealth Mode, the take profit and stop loss values are not displayed to the broker.
Q:
How to become a PREMIUM member, receive a personal premium support and settings?
Simply join either FxChoice through our link above and fund your account with atleast $500 or more to start Live Trading. As soon as you do so, just email us at premium@fapturbo3.com for Premium support
FAPTURBO3 Backtest and Optimization
Q:
How to perform a backtest on history?
If you are not a forex expert you do not need to perform any backtest and optimizations. Just use the default settings and set proper lot size (and GMT offset) and you are all set!
FAPTURBO3 is a very complicated robot with 2 strategies that's why backtest is very slow. Do not run backtest if you have slow PC. First you should download the historical data for your backtest calculation. To perform a backtest, you should press CTR+R or View -> Strategy Tester in main menu in Metatrader4.
Then set the expert advisor to backtest, the proper symbol, time interval (Use date), period and click OK. When backtest is finished you will see the results in "Results" or "Graph" and "Report" Tabs below.
Read the FAPTURBO GUIDE for more info.
Q:
Strategy backtest does not work!
I guess you forgot to download historical data or your forgot to activate your copy of the EA and "allow DLLs" in the global settings of Metatrader (Tools -> Options)
Q:
My Metatrader crashes when I try to backtest
That means you are using an outdated MT4. Please update it to the latest build
Q:
What is optimization and how to do that?
Optimization represents successive passes of the same expert advisor with different inputs on the same data. At that, such parameters can be sorted out at which the expert efficiency will be maximal. Terminal possesses some built-in means that allow to automate this process. To optimize an expert, one has to flag the option of the same name in the "Tester" window and press the "Start" button. Do not make optimizations if you are not a forex expert!
Q:
My scalper strategy backtest shows totally different bad results than yours
You can backtest successfully only if you have 90% data quality and if the spreads are reasonable, for example, less than 5 pips on GBPCHF. Most often the problem is in the spread value. If your spread is higher than MaxSpread, then your backtest will show invalid results. Another thing to consider: most brokers switch from winter to summer time 2 times a year! So you must change the manual GMT offset properly! You can't backtest whole year with same GMT offset value otherwise you will see invalid trading results and losses!
Q:
How to become a PREMIUM member, receive a personal premium support and settings?
Simply join our preferred broker FxChoice and fund your account with atleast $500 or more to start Live Trading. As soon as you do so, just email us at premium@fapturbo3.com for Premium support
Specific FAP And FAPTURBO3 Questions
Q:
What is Forex Autopilot (FAP)?
Forex Autopilot (F.A.P., ForexAutoPilot.com) is a fully independent software robot which trades the foreign exchange currency market on autopilot 24 hours a day. Robots such as Forex Autopilot are called "Expert Advisors" or EA's, and are attached to the currency charts in the trading platform software which is provided by forex brokers. ForexAutoPilot was created by Markus Leary and his team.
Q:
What is the difference between FAP and FAPTURBO?
FAPTURBO3 is built on the FAP (Forex Autopilot) engine but it is whole new generation product. FAPTURBO3 developers have added great number of new features to FAP Algorithm to make it More Safe & More Profitable. Now FAPTURBO FAP strategy uses fixed stop loss value so your possible losses will be small and limited. A great number of additional safe filters and indicators were added to prevent trading in risky conditions. Advanced filters and indicators that were added to the system make sure FAP avoids risky periods with unstable market and makes most of the profitable trades with high accuracy. Plus a new medium-term strategy is introduced in FAPTURBO3 that works on the usual 7 pairs and has shown great results in live real money trading.
Q:
What is the percent of winning trades?
According to history backtests from 2010 till date and from live trading results, FAPTURBO3 EA makes 96% of winning trades. You can always run backtests by yourself to check that.
Q:
I did not like the "no stop loss idea" in FAP. How about that in FAPTURBO?
Ever since our first FAPTURBO version, the FAP strategy uses fixed stop loss value so your possible losses will be small and limited. A great number of additional safe filters and indicators were added to prevent trading in risky conditions.
Q:
How to become a PREMIUM member, receive a personal premium support and settings?
Simply join our preferred broker FxChoice and fund your account with atleast $500 or more to start Live Trading. As soon as you do so, just email us at premium@fapturbo3.com for Premium support
FAPTURBO Support
Q:
Do you provide support?
We provide rapid email support and Phone support to our members. Feel free to contact us if you have any questions or problems at support@fapturbo3.com . Please give us 24-48 hours to reply.
Q:
Where can I get Premium first priority support?
To qualify for our Premium support, you will need to open and fund a live account at FxChoice. Once you do this, simply email us at premium@fapturbo3.com with your new FxChoice account# and we shall guide you further.
Q:
Do you provide Video Tutorials?
Sure, we have prepared a cool banch of video tutorials for you and a perfect step-by-step FAPTURBO3 GUIDE! You can find them in the member area!
Q:
Do you have private member FORUM?
The old forum used to be a part of the FAPWINNER.com service. All FAPWINNER members have access to the private discussion forum where all your questions can be answered. You can discuss anything related to FAP and FAPTURBO3 including setup, effective strategies, usage and settings. FapTurbo.com also has private member forum.
Q:
How to become a PREMIUM member, receive a personal premium support and settings?
Simply join our preferred broker through this link, FxChoice, and fund your account with atleast $500 or more to start Live Trading. If you are trading on another broker, then you will have to upgrade to Premium status from within the FAPT3 Members Area, but this costs an extra $10 per month. Once you have done so, just email us at premium@fapturbo3.com for Premium support
Problems & Troubleshooting
Q:
My Metatrader crashes when I try to run FAPTURBO3!!
That means you are using an outdated MT4. Please update it to the latest build. Contact your broker if you can’t update your MT4 manually.
Q:
I don’t see BTC or FAPTv3.0 Premium in the NAVIGATOR Tab in my Metatrader!
The problem could be that you have not installed the latest Metatrader from FxChoice. Also, check to make sure that the correct FapTurbo3.0 Premium ex4 files are present in the MT4’s \experts folder.
Q:
I have the little smiley face in the right top corner, but it is not doing anything.
If the face is smiling and the broker information is showing on the left of the chart that means the EA is working correctly. It will open trades when it identifies the proper market situation. Have patience. It will open new trades sooner or later (often during first few days). Most of the advisors don't open the new orders instantly after you run them! Advisor is monitoring the market and opens its trades only on condition of possible profits!
Q:
I have a large draw down on my open trade. What's wrong? Am I losing money?
There is no problem here. You trade is not closed yet. Have patience. Draw downs are a normal part of the Forex investing landscape and they must be expected. FAPTURBO3 is not a crystal ball, it is a system that uses various technical indicators to enter and exit trades. FAPTURBO3 has an in-built Stop Loss value so even if you experience a losing trade the loss will be limited by the Stop Loss value. You should know that all trades stay in minus for some time. The Forex Market always has price movements in both directions - there is no problem here. You can backtest on the EA history to better understand how it works. A current minus does not mean a loss, because the trade is Open. Only closed trades can be considered losing trades. Remember, FAPTURBO makes 96% winning trades
Q:
Why do my trades start in Minus?
Please note that all new open trades stay in minus for some time because you have to pay the "spread" (commission) to the broker! That is not a problem. Sooner or later, most of the trades will close in profit. Have patience.
Q:
When I drag the expert advisor onto a chart, I don't get the smiley face, just an X. I follow the procedure but it still doesn't respond.
The Smiling Face icon means that EA works correctly. If you don't see the Smiling Face, just click on the "Expert Advisors" button on top of the Metatrader menu.
Q:
I see the sad face :( of the expert advisor instead of smiley face :)
If you see the Sad Face that means you forgot to set "Allow live trading" parameter for the expert advisor. Please follow check the parameters.
Q:
Why are some expert advisors shown in grey in the NAVIGATOR TAB?
Experts-Robots are shown in grey because they don't have open source codes. That's fine. It is not the problem at all. They will still work fine if they have the Smiling Face on the top right of the attached graph. Template MT4 experts like "MACD Sample" and "Moving Average" are free samples with open source and that's why they are shown in yellow.
Q:
I cant activate my copy because Activation ALARM does not appear!!
Maybe your copy is already activated or you forgot to check "allow DLL imports" and remove "Confirm DLL function calls" in the EA settings. Another possible reason: Today is non-trading day (weekend or Friday, for example). Wait 2-3 days for this alert to appear. It will appear during only trading days.
Q:
FAPTURBO3 doesn't trade! What am I doing wrong??
If FAPTURBO3 does not open a single trade after 1 week, that means something is wrong here.

Here is what to do:
  • First of all, please carefully check all the setup steps according to the FAPTURBO3 GUIDE.
  • Make sure you have a smiling face of FAPTURBO3 EA on the right top side of the Chart.
  • Check if your copy is activated.
  • Check the Log or Journal for possible errors. Contact our support for help.
  • If you trade on a broker that does not allow microlots, then set the TradeMicrolots parameter to False position otherwise it will not trade.
  • Check that your broker has spreads of 5 or below for the pairs you are trading. You will not get trades if the spread is greater than MaxSpread
Q:
I get the error "No money to open more orders."?
That means that your deposit is too small for the current level of risk. Try to increase your deposit or decrease the lot size. For example, change the lot size down to 0.01 in the robot's parameters. Also check that you have leverage of 100:1 or greater
Q:
I get "alligator jaw error"
In most cases all Alligator jaw errors mean temporary connection to broker error. You can skip them. Such errors are removed automatically when connection is established again.
Q:
I get error "Trade is not allowed".
That could mean you logged in using the Investor password instead of Trader password or forgot to "allow live trading" in EA settings
Q:
My orders are opened with Zero stop loss and Take profit!! Help me!
There is no problem here. You are using the Stealth mode. Stealth Mode protects you from cheating on the broker side. Using the stealth mode the take profit and stop loss values are not displayed to broker. That does not mean that your order does not have stop loss and take profit. It is "inner" and not visible. FAPTURBO3 will place fake take profit and stoploss levels but these are placed after the trade has already opened since some brokers do not allow placing of stoploss and take profit at the time of opening the trade.
Q:
I get "order send error".
Check the take profit and stop loss settings. Some brokers do not allow scalping. Enable the Stealth mode.
Q:
My trading results are bad. What is wrong?
There could be few possible reasons:

  1. First of all, please carefully check all the setup steps according to the FAPTURBO GUIDE.
  2. If you use the Medium-Term/Scalper strategy, check the Spread value. It should be less than 5 for pairs like GBPCHF for proper trading. Take into account that some brokers increase the spread value at night and cheat you! Check spread at night too.
  3. Failing to set the proper GMT OFFSET will result in a loss and bad trading! Fortunately, our robots will calculate the required GMT Offset based on your broker’s server time. Read GUIDE for more details!
  4. Please note that trading any forex strategy you should take into account that your goal is to make profit long term. You should check your results monthly or quarterly, not every day or every week. The idea here is to make you profit in a long run! So have patience and you will be amazed how well it works!
Q:
My trading results differ from yours on site.
Trading results could differ in different brokers and even inside one broker. That is normal.
Demo and Real account have different spread size and different order execution times so results could vary too. That is not a problem. Don’t forget to double-check GMT Offset value as well!
Q:
I see "Requotes or Off Quotes" and "Trade context is busy" ERRORS in Journal!
Requotes and trade context is busy errors happen on the broker side from time to time. We cant do anything about it. That is part of live trading and they should be expected. Such errors decrease profitability comparing to demo accounts but don't harm the system.
Q:
My Medium-Term/Scalper Trade was not closed on time! What happened?
Maybe you had disconnection issue or requotes problem that prevented FAPTURBO3 from closing position in time. That sometimes happen on the broker size. If you have poor connection we recommend ordering VPS server to host your trades. Also you can close such invalid trades manually later.
Q:
My Spreads for some pairs, like GBPCHF, are larger than 5! What to do?!
Spread must be within range of MaxSpread, otherwise the robot will NOT trade. For regular forex pairs, the spreads can vary within this range, it's OK! On Bitcoin, the default MaxSpread is $1.00
Q:
How to become a PREMIUM member, receive a personal premium support and settings?
Simply join our preferred broker FxChoice and fund your account with atleast $500 or more to start Live Trading. As soon as you do so, just email us at premium@fapturbo3.com for Premium support
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