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FAP Turbo V5.2

FAP Turbo V5.2 — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. This copy is version 5.2. Its source code uses RSI. It moves the stop behind price, can size trades from your risk and has a news filter. It has 40 settings, for example Copyrights (default FapTurbo.com Trading Rob), Scalper (default --- Scalper EURCHF, EURG) and Use Scalper Strategy (default TRUE). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 2 EA files with source code (.mq4) you can open and edit in MetaEditor and 3 settings files (.set). Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.

Expert advisor · MT4 · v5.2 · Free

About FAP Turbo V5.2

FAP Turbo V5.2 is an expert advisor (trading robot) for MetaTrader 4 based on RSI. It moves the stop loss behind price (trailing stop / break-even), can size trades from your balance and risk percent and has a news filter. It has 40 settings, such as Copyrights, Scalper and Use scalper strategy. MQL source code included.

It also is built for short scalping trades and works on several symbols at once.

Files in the download: FAP Turbo v5.2\Fapturbo.jpg, FAP Turbo v5.2\FAQ.txt, FAP Turbo v5.2\important.txt, FAP Turbo v5.2\experts\FapTurbo52.ex4, FAP Turbo v5.2\experts\FapTurbo52.mq4, FAP Turbo v5.2\experts\libraries\fapturbo3.dll, FAP Turbo v5.2\presets\fapturbo gbpchf.set, FAP Turbo v5.2\presets\fapturbo eurchf.set ….

Trading robots can lose money. Check every setting and test on a demo account before using real funds.

Settings

SettingDefaultWhat it does
CopyrightsFapTurbo.com Trading Robot
Scalper--- Scalper EURCHF, EURGPB, GBPCHF, USDC
Use scalper strategyTRUE
Scalper lots0.1
Scalper use mmTRUE
Scalper lots risk reductor5.0Risk per trade (percent of balance)
Scalper max lots10.0
Scalper use auto gm toffsetTRUE
Scalper manual gm toffset1
Scalper start work time hour20
Scalper start session minute0
Scalper end work time hour23
Scalper end session minute0
Scalper eurgbp take profit5Take profit distance
Scalper eurgbp stop loss35Stop loss distance
Scalper eurchf take profit6Take profit distance
Scalper eurchf stop loss70Stop loss distance
Scalper gbpchf take profit10Take profit distance
Scalper gbpchf stop loss81Stop loss distance
Scalper usdcad take profit11Take profit distance
Scalper usdcad stop loss73Stop loss distance
Scalper usdchf take profit9Take profit distance
Scalper usdchf stop loss82Stop loss distance
Scalper gbpusd take profit10Take profit distance
Scalper gbpusd stop loss76Stop loss distance
Scalper eurusd take profit16Take profit distance
Scalper eurusd stop loss69Stop loss distance
Scalper stealth modeTRUE
Scalper profit limit0.0
Scalper loss limit0.0
Scalper use custom levelsTRUE
Scalper relax hours0
Scalper simple height filterTRUE
Scalper trend filterTRUE
Scalper trade mondayTRUE
Scalper trade fridayFALSE
Scalper one trade0
Scalper one open tradeFALSE
Scalper reverse trade0
Scalper use filter maFALSE

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
  6. Test it first on a demo account or in the Strategy Tester.

Download the PDF guide

Tags: Trailing Stop & Break-even · Risk & Lot Size · News Trading · Scalping · Multi-Currency · RSI · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria