Qx M15 RSI Scalper Beta

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quant...@gmail.com

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Apr 25, 2009, 12:07:45 AM4/25/09
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Thought I should mention a couple of things about the Beta Test
edition of the Qx RSI Scalper. The first thing is that this edition is
an “emulation” of the FAP Turbo. In other words it uses all of the
basic order entry constructs the FAP uses with regard to indicator
settings and filters. As such it should perform in pretty much the
same manner as the FAP program. It will still have the occasional deep
draw downs and stop outs. The only noticeable differences will be as
follows:

Instead of closing at a loss on retracements it should close at a
profit.
It has no timer so it will trade 24/7
You can elect No Trades on Fridays but the test results are will
Friday trading.
All indicator trigger settings are exposed.
The program comes with a Martingale feature if you want to try it.
It has standard Qx Money Management features.
It has trailing stops but it is not advisable to use them.
It does not have the Long Term portion of the FAP program installed –
it contains only the Scalping portion of the FAP indicators.
Stop Loss and Take Profit settings are exposed.
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