Well here goes nothing...
I am brand new to Forex trading. Figured I'd give the whole EA thing a shot. I purchased FAP Turbo, figured it was cheap and if it worked, 'great!', if not, 'no biggie!'.
Over the last few days (currently unemployed with A LOT of time on my hands) I've been doing back tests with different time settings, Stop losses, take profits, etc. Trust me, I've probably done more in three days to figure out the strategy that would work for me than most of the people that just plug it in and expect it to work and then call it crap. I've been doing research, reading posts, web sites and getting as much info as I can to make this thing work.
Now, I know it isn't huge but, over the last couple days, with the back tests I've done to get the strategy I want, FAP Turbo has given me 2% increase. I know that isn't huge but, I have really low risk and I'm testing it exactly how I would be doing it with real money. $1000 deposit with Alpari US.
Now then, if I can just get the confirmation thing to work, I could show you all how it is doing.
Now then, did the backtest show draw down...YES! But, at the times I was trading, the gains far outweighed the losses. I'm just hoping that it does well live testing!
One thing I did find in a lot of my back testing was some big losses in October. Was Oct. a really bad month in Forex this year?
May the PIPs be with you!