REV Trader PRO REAL Discussion

Hi Monte/Christo...129 pips for the 5 trades.

sorry guys I swear I posted my results in response to Monte-Christo's question. 129 pips from 5 trades this week.

Hi Revtraderpro,

1. Please post backtesting results of the last few years with modelling quality at 99% for all of us to see the potentiality of this interesting ea.

2. Is it possible that you set up another small live account of 1k usd, with risk % at 5% on each pair for us to see the real max drawdown and relative drawdown of this ea for the next few months? Thanks.

3. Is this ea sensitive to low spread of ECN and Non-ECN brokers? I intend to use this ea on some brokers who offer free VPS. Is it safe if we use the broker's free VPS or not ? WILL THEY INTERVENE OUR TRADES MADE BY THE EA, AND MAKE THE TRADES LESS PROFITABLE OR EVEN LOST?

4. Can you please sell your ea via CLICKBANK? Clickbetter refuses the credit cards of people from asian countries. I live in Vietnam / Asian country, and Clickbetter rejected my credit card all the times when I purchased many things online via Clickbetter.

Also, regarding about the money-back guarantee terms, Clickbank is the most fair and most popular online bank to all online buyers.

If the ea is good, reliable, and long-term consistent profit making, nobody wants to ask for refund, right ? So, no matter you offer through CLICKBANK or CLICKBETTER, it is same, right ?

+++ To Gwindy: How have the live results of your account so far? Could you please post your myfxbook link for us to view? No need to see open trades, just the results of closed trades, and profit factor, max drawdown, relative drawdown, etc are quite enough for us to have a fair judge over this potential ea.

Hope to receive your reply and further information asap.

Thanks and regards,
James Phuc

hi gwindy,

the 5 trades positive 121.8 pips, very impressive robot, but high risk as trade large lots.
The EA have money management control?

jamesphuc posted:
Hi Revtraderpro,

1. Please post backtesting results of the last few years with modelling quality at 99% for all of us to see the potentiality of this interesting ea.
> Hi James, he has an email address at bottom of his site you know. Doug responds. Live real money forward run is always much better than backtests.
2. Is it possible that you set up another small live account of 1k usd, with risk % at 5% on each pair for us to see the real max drawdown and relative drawdown of this ea for the next few months? Thanks.
> This IS 'real max dd' for even these 'larger' lots. Pretty amazing I'd say. Is it one of those 'too good to be true' things? I looked into two green checkmark authenticities once, my conclusion is they can 't be faked accts.
3. Is this ea sensitive to low spread of ECN and Non-ECN brokers? I intend to use this ea on some brokers who offer free VPS. Is it safe if we use the broker's free VPS or not ? WILL THEY INTERVENE OUR TRADES MADE BY THE EA, AND MAKE THE TRADES LESS PROFITABLE OR EVEN LOST?
> What vps one uses doesn't matter, as long as its a stable one. CNS (commercialnetworkservices.com) has been good to me for a number of years, they're worth the $30/mo. I asked Doug about different brokers, he doesn't seem to think it will matter. He even said a $50 or $100 acct with say FXCM with a micro lot running should be impressive for me.
4. Can you please sell your ea via CLICKBANK? Clickbetter refuses the credit cards of people from asian countries. I live in Vietnam / Asian country, and Clickbetter rejected my credit card all the times when I purchased many things online via Clickbetter.
> I notice Paypal insignia at bottom of his website, can you do that there?
Also, regarding about the money-back guarantee terms, Clickbank is the most fair and most popular online bank to all online buyers.
> That's true, but since he has double green checkmarks atop his myfxbook and this forum I don't think he will renig otherwise he'd lose a lot of biz.
If the ea is good, reliable, and long-term consistent profit making, nobody wants to ask for refund, right ? So, no matter you offer through CLICKBANK or CLICKBETTER, it is same, right ?

+++ To Gwindy: How have the live results of your account so far? Could you please post your myfxbook link for us to view? No need to see open trades, just the results of closed trades, and profit factor, max drawdown, relative drawdown, etc are quite enough for us to have a fair judge over this potential ea.

Hope to receive your reply and further information asap.

Thanks and regards,
James Phuc

Hi James,
My comments to your points above under yours.
Why not go ahead and take the chance James, just time it to 58 days so that if it doesn't look good then you have 2 days to get your refund request across. Try it with say $50 or $100 at 1 micro and connect it to myfxbook. He said it will be impressive. I'd buy it myself but am senior on social security so I have to hold off 'till I can save for it, that leaves me watching y'all :) Be brave, nothing to lose if you can get your money back!
Best,
Jerry
Anxious to see you post your myfxbook for it.

Important note Doug,
I used the custom analyzer and find one pair only is detracting instead of contributing, as much as the initial deposit in fact. Surprisingly out of the four it's eurusd!
Jerry

Another important note:
It seems MM is not wisely used as the same larger size lots used now was also used a year ago, take a look. If there were same kind of losses as you see here in July '14 then the 600% loss would beyond kill the $5K initial balance.
Isn't there appropriate MM that can safely grow ones acct? You took BIG chance at end of last year with your $5K Doug and got very lucky! Unless you knew something about your REV's performance for end of year? Me personally I'd want to do safe MM%.
Jerry

Hi Jamesphuc, I have made my trade history accessible just click on my profile....please ignore my bad trading effort on XAU/USD. I haven't displayed open trades as this would not be fair on the developer. There are 4 open trades at the moment 3xAUD and 1xNZD.

I am using 5% risk on both AUD/USD & NZD/USD and 2% risk on both EUD/USD & GBP/USD.

My trades are using Magic Number 4668, so best to use custom analysis on this magic number only in order to assess drawdown etc

I decided to give it a test run and purchased it today. My receipt said the charge would be $697.00. My bank just called me about possible fraudulent activity, and the biller, which matches the name on the receipt, is charging me $747.91!!

Uh-oh, the 'too good to be true' signs are adding up my friends, hope you can work things out. Might be special charge for international + payment outfit though?

They didn't say anything about special charges of any sort. Because of this, as far as I am concerned, they are entirely responsible for any extra charges. I will keep everyone posted on how this situation turns out. I have sent messages to both clickbank, and the REV Trader PRO support about this.

Ok, thx.
I thought earlier post mentioned it wasn't clickbank but another name that looked similar.

Batcheler posted:
Ok, thx.
I thought earlier post mentioned it wasn't clickbank but another name that looked similar.

Ah! My bad. You are correct. It was through ClickBetter, not ClickBank.

fughe posted:
I decided to give it a test run and purchased it today. My receipt said the charge would be $697.00. My bank just called me about possible fraudulent activity, and the biller, which matches the name on the receipt, is charging me $747.91!!

are you in U.S? the $697 charge is in U.S dollars. if you are using Canadian or Australian card then exchange rate and VISA service fee will apply (If you are using a VISA credit card).

raviluke posted:
are you in U.S? the $697 charge is in U.S dollars. if you are using Canadian or Australian card then exchange rate and VISA service fee will apply (If you are using a VISA credit card).

I am in the USA, and the purchase was made via USD.

Be warned about Clickbetter.com when it comes to refunds.. a friend of mine is waiting since 30 working days to get the refund for another EA, even this company guarantee is a within/max 21 working day refund policy, which is a bad joke anyway..

There was a Paypal insignia at the bottom of the website, could not that have been used?