Turbo Info Trade Timing

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quant...@gmail.com

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Apr 20, 2009, 10:35:19 PM4/20/09
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From what I understand, with the advent of the FAP Turbo 45 edition
they are now allowing you to change the start and stop times the
program uses to limit trading times. The curious part of this is that
I find it very difficult to believe that you can coordinate trading
time with price patterns. Maybe they have resolved some of the draw
down issues in the 45 edition and now it will trade patterns that can
come at any time of the day.

Certainly, the currency pairs chosen by the FAP people were no doubt
picked after some extensive research in trading patterns during
various times of the day. It can be assumed that during the “off
trading hours” which are between the close of the New York Exchange
and the open of the London Exchange the price moves in the market
should be less extreme (from my tests this is inconclusive). And
perhaps in the more exotic currencies with less trading volume like
those that have been chosen by the FAP people the idea of more “quiet
time” in these markets should be the case as well.

There are actually a number of constraints constructed in the
indicator trigger that are designed to prohibit trades from being made
during volatile periods of the market. If these parameters are working
properly there should be no need to limit the trading times of this
Expert Advisor.
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