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FAPTurbo is one of the most heavily hyped technologically advanced financial advisors; it is the predecessor of the Forex Auto Pilot System (FAPS).

The creators of FAPTurbo claim that it has turned 370 dollars into 7300 dollars in a short time, specifically, in 2 months. They add that the financial advisor has turned 2500 dollars into 8700 dollars and 5100 dollars into 25100 dollars in 45 and 30 days, respectively.

FAPTurbo is unlike any commercial expert advisor, it does not make too many claims and that is on the basis of back test results. The developers don’t make the all-too-common promise that you’ll be cashing in as you sit back and relax. The majority of those who have tried this software has praised it with positive feedback.

How does FAPTurbo work?

The FAP is termed as a grey box; that means that the internal logic of how it trades is proprietary. However the user of this advanced technological device can adjust the settings to suit their needs. FAPTurbo consists of the FAP long term strategy and also the scalper or the short term strategy, there has been some improvements from what was already existent and also some features have been added.

FAPTurbo only deals with some selected markets and also the time frames. The device works in such a way that it’s manual will not describe how the system will function, however from what it has been observed it’s entries are filtered such that it looks for entries in a time range of between 2100GMT to about 0200 GMT, that directly means that is from the close of the New York session and into the Asian session. The device cannot record an entry if the brokerage spread is too high.

Furthermore, FAPTurbo has a filter system that cannot enter the trading of the day if it was very volatile. Also, FAPTurbo will basically open the trades in one direction, this is determined by a moving average, and this feature is settable by the user. The FAPTurbo relies substantially on a relatively known feature of the Forex market, this trend is established by the afternoon session by the US markets traders.
There is no clear manner in which the FAPTurbo exits the market, however it is known that, there is a target profit margin, this target is based on the recent range of price movements. Moreover the FAP will exit the market if the target profit is not achieved at a certain time.

There is, however, some demerit in the working of the FAP, for example when there is a crazy market condition, in that when there is an unusual strong trend in the currency. In such conditions, analysts recommend that you should not trade on such days.

Not all that have employed the use of FAPTurbo have the same results, for instance Mark Over at ForexTester traded 5000 dollars but incurred losses. FAPTurbo has many merits anyway because it holds the promise of high returns for those that know how to use it.