REV Trader PRO REAL (By revtraderpro)
| Gain : | +3474.7% |
| Drawdown | 24.25% |
| Pips: | 3809.5 |
| Trades | 938 |
| Won: |
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| Lost: |
|
| Type: | Real |
| Leverage: | 1:400 |
| Trading: | Automated |
REV Trader PRO REAL Discussion
Member Since Feb 09, 2010
226 posts
Jan 17, 2015 at 21:14
MiiX3R posted:
RTP now has the best setup for currently market behavior. Each year the market has more or less movement if you can remember, different FED's chairman like Bernanke and Yellen.... QE ... OIL PRICE ... as a trader we have to learn the market then fine tune the system.
In my opinion, the backtest more than a year or two cannot justify the performance of the EA.
I hope Mr.Price will keep continue update his EA for us when the game has changed.
cheers.😂
He had said he will....why think about changing something that works?!!??!? If we suffer loss after loss then I guess it needs adapting....until then just enjoy the profits.
Member Since Feb 09, 2010
226 posts
Jan 17, 2015 at 21:16
jesus posted:
Hi folks,
There are several things that bother me
1º) Why the oficial acount of revpro, this one, has 3 trades opened right now, while mine and some others closed them yesterday.
2º) It seems it is not posible to backtest the ea at mt4.
3º) Dough Price dont seem very interested in answering questions and supporting people that bought his ea.
I see that the ea is working on these premises: entry point is the high or low, filtered with the 80/20 stocastic oscilator level, following the daily trend (down or high) and did a manual back test of these conditions for the last 5 years. The last year, 2014 was wonderful, but the other 4 were depressing. Obviously, I have done it manually and did not take all my time, but Dough should answer these questions.....and I keep asking them to him, but he does not seem very interested,
To be honest, I wouldn't answer you either. Look at the trading statements....what more proof do you need. The past doesn't tell you how the future will be....there is obviously a risk that any strategy will fail....until it does, enjoy the profits.
Member Since Jan 05, 2015
145 posts
Jan 18, 2015 at 08:44
MiiX3R posted:
RTP now has the best setup for currently market behavior. Each year the market has more or less movement if you can remember, different FED's chairman like Bernanke and Yellen.... QE ... OIL PRICE ... as a trader we have to learn the market then fine tune the system.
In my opinion, the backtest more than a year or two cannot justify the performance of the EA.
I hope Mr.Price will keep continue update his EA for us when the game has changed.
cheers.😂
I agree, I have to use the MB Trading USA broker now for various reasons with only 50 - 1 margin (EXN Limits account)
You all think RTP will function properly with this broker?
Member Since Jan 05, 2015
145 posts
Jan 18, 2015 at 08:44
LibertyHound posted:
Week 2 results for REV Trader Pro(FXCM and VPS):
- Total of 397 pips profit
- 10 trades/8 winners/2 losers (80% win percentage)
- I did not manually manipulate any trades
This EA is working exactly as it is designed and configured to do. I just do not get why some people are manually manipulating trades, it is a robot, it is meant to be left alone to do its thing. If you want to manual trade this robot, do not complain about its performance. I can see why Mr. Price is getting short with some of those on the thread, if your not following the configuration guidelines or running it properly, you should keep your comment to yourselves.... IMO
I concur...
Member Since Apr 18, 2014
30 posts
Jan 19, 2015 at 07:45
Batcheler posted:LibertyHound posted:In lite of doing on 1:50 fxcm, 'STUNNING!' And last week was a highly volatile one too, like WO!
Week 2 results for REV Trader Pro(FXCM and VPS):
- Total of 397 pips profit
- 10 trades/8 winners/2 losers (80% win percentage)
- I did not manually manipulate any trades
This EA is working exactly as it is designed and configured to do. I just do not get why some people are manually manipulating trades, it is a robot, it is meant to be left alone to do its thing. If you want to manual trade this robot, do not complain about its performance. I can see why Mr. Price is getting short with some of those on the thread, if your not following the configuration guidelines or running it properly, you should keep your comment to yourselves.... IMO
Batchboy, My FXCM account is 1:400, I live in the Philippines and my account is hosted out of Hong Kong....
RULES!!! RULES!!! RULES!!!!
Jan 19, 2015 at 21:37
(edited Jan 19, 2015 at 21:56)
No doubts REV is the best system offered to the public at the present time. Of course it will not work the best with all brokers and results will be different. Most important the system overall is profitable.
But I have a few concerns (like other members) which I couldn't find answers in this blog:
1. Activation and account changes are done via Doug's website. What happened if Doug will shut down his website? Will all accounts deactivated or we will stock with activated account?
2. Everybody knows that any system must be periodically adjusted due to market changes. I agree that time to time system needs to be optimized. Doug provides recent settings, but there are no words how he came up with these settings and how and which parameters need optimization. Because back test is extremely slow it’s impossible to do optimization and if Doug did it, it will be very interesting how.
But I have a few concerns (like other members) which I couldn't find answers in this blog:
1. Activation and account changes are done via Doug's website. What happened if Doug will shut down his website? Will all accounts deactivated or we will stock with activated account?
2. Everybody knows that any system must be periodically adjusted due to market changes. I agree that time to time system needs to be optimized. Doug provides recent settings, but there are no words how he came up with these settings and how and which parameters need optimization. Because back test is extremely slow it’s impossible to do optimization and if Doug did it, it will be very interesting how.
Member Since Jan 05, 2015
145 posts
Jan 20, 2015 at 07:33
subway posted:
hey guys does this robot work well? and for USA resi what broker u guys recom? because for tax return
10099 needed but some eurppean broker don't give any 1099 form ? pl advise i wud like to join
Since I am in the USA, I just set up an account here: https://tinyurl.com/tradeusa (my aff link) to use Rev Trader Pro exclusively. Being in the USA not much choices and at this broker I was able to get 1 to 1,000 leverage which I think will be very helpful with a $1K account.
Best of Luck!
Jan 20, 2015 at 09:30
Hi everyone,
New here, and sold on RTP, but have a problem.
I live in British Columbia, Canada where brokers must register with the province. Max margin here is 20:1.
Anyone know how to get around that? I would like to use the 400:1 that Doug uses.
Thanks in advance.
Mac
New here, and sold on RTP, but have a problem.
I live in British Columbia, Canada where brokers must register with the province. Max margin here is 20:1.
Anyone know how to get around that? I would like to use the 400:1 that Doug uses.
Thanks in advance.
Mac
Jan 20, 2015 at 09:30
exect posted:
No doubts REV is the best system offered to the public at the present time. Of course it will not work the best with all brokers and results will be different. Most important the system overall is profitable.
But I have a few concerns (like other members) which I couldn't find answers in this blog:
1. Activation and account changes are done via Doug's website. What happened if Doug will shut down his website? Will all accounts deactivated or we will stock with activated account?
2. Everybody knows that any system must be periodically adjusted due to market changes. I agree that time to time system needs to be optimized. Doug provides recent settings, but there are no words how he came up with these settings and how and which parameters need optimization. Because back test is extremely slow it’s impossible to do optimization and if Doug did it, it will be very interesting how.
Don't worry about that. Dough is a passionate trader,that means he cannot live without trading...furthermore his account has not reached the level of 1 million yet,so me and you all too, therefore, so I think he will continuously trade....just some thoughts from me for making relax for us. Your questions are interesting!
:)
Happy trading to all!
Cheers
Minh
be humble,wise and thanks the Lord for every pip you get and try to keep it!
Jan 20, 2015 at 11:26
namminh75 posted:exect posted:
No doubts REV is the best system offered to the public at the present time. Of course it will not work the best with all brokers and results will be different. Most important the system overall is profitable.
But I have a few concerns (like other members) which I couldn't find answers in this blog:
1. Activation and account changes are done via Doug's website. What happened if Doug will shut down his website? Will all accounts deactivated or we will stock with activated account?
2. Everybody knows that any system must be periodically adjusted due to market changes. I agree that time to time system needs to be optimized. Doug provides recent settings, but there are no words how he came up with these settings and how and which parameters need optimization. Because back test is extremely slow it’s impossible to do optimization and if Doug did it, it will be very interesting how.
Don't worry about that. Dough is a passionate trader,that means he cannot live without trading...furthermore his account has not reached the level of 1 million yet,so me and you all too, therefore, so I think he will continuously trade....just some thoughts from me for making relax for us. Your questions are interesting!
:)
Happy trading to all!
Cheers
Minh
I hope so, but even if Doug will make $1 Mil doesn’t give me confidence he will maintain his website. I understand nothing if forever, but as of now more important issue if how to do optimization.
Member Since Jan 10, 2015
8 posts
Jan 20, 2015 at 15:20
no trades last 5 days, huh?
Jan 20, 2015 at 17:56
bigtraderapp posted:subway posted:
hey guys does this robot work well? and for USA resi what broker u guys recom? because for tax return
10099 needed but some eurppean broker don't give any 1099 form ? pl advise i wud like to join
Since I am in the USA, I just set up an account here: https://tinyurl.com/tradeusa (my aff link) to use Rev Trader Pro exclusively. Being in the USA not much choices and at this broker I was able to get 1 to 1,000 leverage which I think will be very helpful with a $1K account.
Best of Luck!
I just checked with tradersway (tradeusa redirects there).
Q. Do you accept US clients?
A. Our jurisdiction does not apply any country's restrictions. Please check your ability to deal with our company
with your legal consultant.
Q. Do you provide 1099?
A. No, we do not provide information to third parties.
Q. Do you allow trading with micro lots?
A. Minimum volume is 0.01 lot. We do not offer micro accounts. You can review all account types here:
https://www.tradersway.com/trading_conditions
Q. Do you allow funding via credit card?
A. Yes, we offer Credit Card payment method. https://www.tradersway.com/payments/credit_cards
Q. Do you offer 1000:1 leverage irrespective of size of capital?
A. Unfortunately no. Max leverage levels depend on account balance. For more detailed information please visit this
page: https://www.tradersway.com/trading_conditions/mt4_ecn
Q. Is there a minimum amount before funds can be withdrawn?
A. There are no restrictions regarding minimum volume for withdrawals. However, please note that for Credit Cards
there are certain rules. You can find detailed information here: https://www.tradersway.com/payments/credit_cards
Q. Is there a maximum number of times funds can be withdrawn?
A. You can make one withdrawal per day ONLY. https://www.tradersway.com/payments
Q. What are the withdrawal charges/fees?
A. Commission for withdrawals using Credit Cards is 1%. You can review other payment option's terms and conditions
here: https://www.tradersway.com/payments
Q. Do you allow any sort of EAs?
A. We allow usage of all trading strategies and tools, including EAs.
Q. Is there a dealing desk?
A. We are STP/ECN broker. There is no dealing desk.
Q. Do you allow hedging?
A. We allow hedging.
Q. Are you NFA compliant?
A. Our company is registered and working in line with the Commonwealth of Dominica legislation. Our jurisdiction
does not require any special license for forex activity.
Q. Are the funds of clients & investors insured?
A. Our client's funds are segregated and kept safe in tier 1 banks. For more detailed information please go here:
https://www.tradersway.com/about_us/safety_of_funds
Member Since Jan 25, 2010
1360 posts
Jan 20, 2015 at 18:51
supernova01 posted:
no trades last 5 days, huh?
If you refer to my account then you are correct. But this is not due to the EA per se, but my MT4 account being offline from a VPS issue.😞
Member Since Jan 05, 2015
145 posts
Jan 20, 2015 at 21:58
Anyone have two open gbp trades? Not me...yet
Member Since Nov 20, 2014
96 posts
Jan 20, 2015 at 21:58
go here to setup / enter what brokers good for you in search if it helps ...
https://www.100forexbrokers.com/fx/broker_search.php
https://www.100forexbrokers.com/fx/broker_search.php
Member Since Jan 05, 2015
145 posts
Jan 20, 2015 at 21:58
fxdad posted:bigtraderapp posted:subway posted:
hey guys does this robot work well? and for USA resi what broker u guys recom? because for tax return
10099 needed but some eurppean broker don't give any 1099 form ? pl advise i wud like to join
Since I am in the USA, I just set up an account here: https://tinyurl.com/tradeusa (my aff link) to use Rev Trader Pro exclusively. Being in the USA not much choices and at this broker I was able to get 1 to 1,000 leverage which I think will be very helpful with a $1K account.
Best of Luck!
I just checked with tradersway (tradeusa redirects there).
Q. Do you accept US clients?
A. Our jurisdiction does not apply any country's restrictions. Please check your ability to deal with our company
with your legal consultant.
Q. Do you provide 1099?
A. No, we do not provide information to third parties.
Q. Do you allow trading with micro lots?
A. Minimum volume is 0.01 lot. We do not offer micro accounts. You can review all account types here:
https://www.tradersway.com/trading_conditions
Q. Do you allow funding via credit card?
A. Yes, we offer Credit Card payment method. https://www.tradersway.com/payments/credit_cards
Q. Do you offer 1000:1 leverage irrespective of size of capital?
A. Unfortunately no. Max leverage levels depend on account balance. For more detailed information please visit this
page: https://www.tradersway.com/trading_conditions/mt4_ecn
Q. Is there a minimum amount before funds can be withdrawn?
A. There are no restrictions regarding minimum volume for withdrawals. However, please note that for Credit Cards
there are certain rules. You can find detailed information here: https://www.tradersway.com/payments/credit_cards
Q. Is there a maximum number of times funds can be withdrawn?
A. You can make one withdrawal per day ONLY. https://www.tradersway.com/payments
Q. What are the withdrawal charges/fees?
A. Commission for withdrawals using Credit Cards is 1%. You can review other payment option's terms and conditions
here: https://www.tradersway.com/payments
Q. Do you allow any sort of EAs?
A. We allow usage of all trading strategies and tools, including EAs.
Q. Is there a dealing desk?
A. We are STP/ECN broker. There is no dealing desk.
Q. Do you allow hedging?
A. We allow hedging.
Q. Are you NFA compliant?
A. Our company is registered and working in line with the Commonwealth of Dominica legislation. Our jurisdiction
does not require any special license for forex activity.
Q. Are the funds of clients & investors insured?
A. Our client's funds are segregated and kept safe in tier 1 banks. For more detailed information please go here:
https://www.tradersway.com/about_us/safety_of_funds
Sounds good to me, however I did not get the 3 GBP/USD trades. So I manually placed one at the top and took 30 pips, better than RTV result ;o) But I don't want to keep doing that and hope RTV will work at TW. Spreads real tight with MT4 ECN account. You go over 1K balance and leverage drops to 1 to 500... Joe Carney at TW offers excellent personal customer service. Emails you back every time. So far I am really impressed with this broker and if you are in USA they accept you. I like them better than MyFxChoice so far.
