Chris Forex: Settings for FAPT EA

After careful deliberation I have decided to alter my settings on both trading accounts. Actually I had changed these settings a day or two ago.

I lowered my stop loss on the EUR/GBP pair to 30 pips on both accounts because I read backtesting proved this to be the best optimal setting given present market conditions.

Last evening the same account with FXDD hit the SL twice for two losses of 30 pips each .. The other account with FXCM only hit the SL once for a loss of 30 pips as well.

Today May 7-09 I have decided to put the FXDD account back to the default setting of 112 pips as coded in the robot and leave the FXCM account at 30 pips SL.

The one similarity which I have changed from defaults for both accounts is the Scalper_UseCustomLevels .. This change as all changes can be done by using F7 key .. This will get you to the properties of your EA. You will see as you scroll down the Scalper_UseCustomLevels variable .. Change this to False from the default of True if you rather go to SL or TP .

In this way there are two scenarios which are plausible.. One the EUR/GBP will go to full stop loss which I have set or it will go to the TP ( incidentally I have not made adjustments to TP or take profit)

Below are my settings for both accounts

FXDD Settings EUR/GBP

EURGPB, GBPCHF or USDCAD M15 ---

UseScalperStrategy=1

Scalper_Lots=0.10000000

Scalper_UseMM=1

Scalper_LotsRiskReductor=20.00000000

Scalper_MaxLots=10.00000000

Scalper_GMTOffset=3

Scalper_StartWorkTimeHour=21

Scalper_EndWorkTimeHour=0

Scalper_EURGBP_TakeProfit=6

Scalper_EURGBP_StopLoss=112

Scalper_EURCHF_TakeProfit=5

Scalper_EURCHF_StopLoss=53

Scalper_GBPCHF_TakeProfit=10

Scalper_GBPCHF_StopLoss=75

Scalper_USDCAD_TakeProfit=10

Scalper_USDCAD_StopLoss=58

Scalper_StealthMode=1

Scalper_ProfitLimit=0.00000000

Scalper_LossLimit=0.00000000

Scalper_UseCustomLevels=0

Scalper_RelaxHours=0

Scalper_SimpleHeightFilter=1

Scalper_TrendFilter=1

Scalper_TradeFriday=0

Scalper_OneTrade=0

Scalper_OneOpenTrade=0

Scalper_UseFilterMA=0

Scalper_PeriodFilterMA=100

Scalper_PriceFilterMA=0

Scalper_MethodFilterMA=0

Scalper_MaxSpread=20.00000000

Scalper_Slippage=6

Scalper_ExpertComment=FapTurboScalper

FXCM Settings EUR/GBP

____Scalper___________=--- Scalper EURCHF, EURGPB, GBPCHF or USDCAD M15 ---

UseScalperStrategy=1

Scalper_Lots=0.10000000

Scalper_UseMM=1

Scalper_LotsRiskReductor=5.00000000

Scalper_MaxLots=10.00000000

Scalper_GMTOffset=-4

Scalper_StartWorkTimeHour=21

Scalper_EndWorkTimeHour=1

Scalper_EURGBP_TakeProfit=6

Scalper_EURGBP_StopLoss=35