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Channel Trader Pro - R.E (By RedRhinoLab )

The user has deleted this system.

Channel Trader Pro - R.E Discussion

Jun 25 2015 at 10:52
631 posts
I have a lot of questions and I assume you do to. Ask your questions here and I'll update the blog post below.

Jun 25 2015 at 11:13
631 posts
This is the most interesting trade at the moment.

Read the blog post to learn why it is so interesting and lets see if you understand why.

Jun 25 2015 at 19:14
219 posts
hi RedRhinoLab i have very long time not to visit your website,now saw it have many new usefull blogs,thank you.
we know some vendors or broker like SynergyFX has some fake results,but i think it's not need always say that again and agian.
We are more willing to see you analysis the strategy of Channel Trader Pro,it's worth or not,it's no sl or not(i saw sl 200pips+),etc.

for my at the begining of vtp,my orders not math vendor's,so i refund and months later the vtp copy soft has the same results with vendor's.(as a signal)

for Forex Venture Bot,i find that's a simple strategy,also not math vendor's orders many times,so refund at the first time.

for rev,the strategy is good,but this year the market condition change,and Doug price not update the Eas so performence is bad.

for Pivot Trader Pro,not buy yet,because see your blog,and maybe no sl,sometimes his myfxbook really has big DD......

wait your analysis of channel-trader-pro~~~~😇 by the way i know SynergyFX account for commercial ea not show commission and swap~

Ozzie Matt (aeronthomas)
Jun 26 2015 at 00:11
1557 posts
I did notice the account goes into negative equity and 124% drawdown on 24 May 2014, I can't work out how this is possible? or is it some reporting issue with myfxbook, as it's showing in drawdown 24% (which should be total of intraday not just end of day drawdown), but the drawdown graph and balance /equity chart are showing something very different.

Ozzie Matt (aeronthomas)
Jun 26 2015 at 00:21
1557 posts
I just read your investigations of Synergy, I am glad I never opened an account with them. Something was just off about them, now it's confirmed. Gotta love the internet archive tool!

Ozzie Matt (aeronthomas)
Jun 26 2015 at 00:23
1557 posts
Oh most of the contributors to DonnaF forum have moved over to babypips now the old donnaf forum is dead.

Jun 26 2015 at 00:53
724 posts
Thank you RedRhino for making the blog on this investigation!!! SUPER helpful! You have my vouch and much respect.

Jun 26 2015 at 12:52
8 posts

I agree with you all these EA's running on Synergy with great history and fudged statements appears like a real problem + as soon as these go onto real accounts they seem to be failing.

But my problem really is - all your clones seem to draw down 90-100 % and blow up anyway

I've yet to see a Luxury Rhino or Viper that can survive any decent market move.

So yeah maybe get your own house in order before killing everyone else.

Also are far as renting out + not selling your Bots -- your rental price should be like $30 a month or $280 a year -- the current prices are just not valid against performance.

These are just my opinions .. cheers

Jun 26 2015 at 12:52
8 posts
Yeah I dislike Donna Forum too now - the moderator guy is a legend in his own mind over there.

Nice too see better communities elsewhere

Jul 22 2015 at 15:08
631 posts
I just noticed something. revtraderpro and channeltraderpro both use the same magic number.

AUDUSD = Channel Trader Pro

Trades: 132
Pips: 1236.4
Average Win: 11.01 pips / $454.24
Average Loss: -61.50 pips / -$2971.18
Lots: 534.94
Commissions: $0.00

Longs Won: (66/67) 98%
Shorts Won: (63/65) 96%
Best Trade($): (Feb 04) 2886.40
Worst Trade($): (Jul 08) -8421.33
Best Trade (Pips): (Aug 06) 46.2
Worst Trade (Pips): (Jul 08) -200.1
Avg. Trade Length: 1d

Profit Factor: 6.57
Standard Deviation: $866.21
Sharpe Ratio: 0.03
Z-Score (Probability): 1.36 (82.61%)
Expectancy: 9.4 Pips / $376.39
AHPR: 1.86%
GHPR: 1.84%

AUDUSD = RevTraderPro

Trades: 140
Pips: 1183.6
Average Win: 27.97 pips / $803.41
Average Loss: -45.88 pips / -$1261.26
Lots: 382.5
Commissions: -$21.00

Longs Won: (34/46) 73%
Shorts Won: (69/94) 73%
Best Trade($): (Sep 23) 2735.00
Worst Trade($): (Mar 24) -3837.75
Best Trade (Pips): (Mar 19) 59.4
Worst Trade (Pips): (Mar 24) -151.9
Avg. Trade Length: 1d

Profit Factor: 1.77
Standard Deviation: $1282.21
Sharpe Ratio: 0.02
Z-Score (Probability): -4.36 (99.99%)
Expectancy: 8.5 Pips / $257.75
AHPR: 0.22%
GHPR: 0%

I am thinking channeltraderpro runs on the M30 TF

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