REV Trader PRO REAL (By revtraderpro)

Gain : +3474.7%
Drawdown 24.25%
Pips: 3809.5
Trades 938
Won:
Lost:
Type: Real
Leverage: 1:400
Trading: Automated

REV Trader PRO REAL Discussion

Oct 12, 2014 at 15:20
61,669 Views
1,733 Replies
Member Since Feb 09, 2010   226 posts
Jan 07, 2015 at 12:12
stevetrade posted:
revtraderpro posted:
I have addressed some of these concerns in past conversation on here, and frankly now I'm just going to ignore it. Results speak for itself. If your happy with the system keep talking here and help each other, and I'm happy to assist as well.

But the negativity - if you are not happy or just here to bring down this discussion then just leave no one said you have to use REV Trader PRO.



Easily solved if the problem was a MyFxBook issue. Delete the account and reconnect it. That should solve the problem and shut up the doubters.
Best regards Steve

Steve - I understood you were a doubter too? A huge believer that this system is a fraud.
Member Since Feb 09, 2010   226 posts
Jan 07, 2015 at 12:14 (edited Jan 07, 2015 at 12:14)
gwindy posted:
I am having GREAT results with REV Trader PRO.

I would fully support the Scam-mongers getting blocked from this forum. Only constructive comments are welcomed here please.

I second that! Go ahead Doug - block them
Member Since Oct 28, 2009   1424 posts
Jan 07, 2015 at 12:29
fxtrader10 posted:
stevetrade posted:
revtraderpro posted:
I have addressed some of these concerns in past conversation on here, and frankly now I'm just going to ignore it. Results speak for itself. If your happy with the system keep talking here and help each other, and I'm happy to assist as well.

But the negativity - if you are not happy or just here to bring down this discussion then just leave no one said you have to use REV Trader PRO.



Easily solved if the problem was a MyFxBook issue. Delete the account and reconnect it. That should solve the problem and shut up the doubters.
Best regards Steve

Steve - I understood you were a doubter too? A huge believer that this system is a fraud.

I'm not saying it's a fraud, nor am I a doubter. All I'm saying is that the JL trader post raises some interesting queries. My own due diligence confirms that there are some issues with the historic trades, these should be considered and the reason for them addressed. If Doug was to disconnect and reconnect the account then the issues that occurred with MyFxBook should hopefully disappear.

However here's another thing to consider. JL trader flagged that the trades were the same on the statement published on Doug's site, which would rule out a MyFxBook issue.



The image was taken from this site, which was taken from this URL.

https://revtraderpro.com/account/statement.htm

A page which has now been taken down.

You know what, I was going to say

'I'm not saying the Ea doesn't work. However whether the returns of this account are all genuine is under debate.'

But after seeing that he's pulled the statement from his site, I'm going to call it.

'The emperor has no clothes on'

Best regards Steve
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Member Since Jul 20, 2014   8 posts
Jan 07, 2015 at 13:39
Hi all,

My REV EA has sell NZDUSD at 0.77550 and it wen up above 0.77880 I still have one order till now. Not sure EA has to open 2nd trade or not assume it work normally.

Please kindly advise. Thank in advance

Note that I use default setting from set file.
Member Since May 03, 2013   6 posts
Jan 07, 2015 at 14:40
folkyboy posted:
Hi all,

My REV EA has sell NZDUSD at 0.77550 and it wen up above 0.77880 I still have one order till now. Not sure EA has to open 2nd trade or not assume it work normally.

Please kindly advise. Thank in advance

Note that I use default setting from set file.

Generally speaking this EA works but rerurns results not so good as Dough Price said about. This guy falsificated in some unknown way trade history...
Member Since Oct 11, 2014   106 posts
Jan 07, 2015 at 15:13
Why would I intentionally pull the statement when that statement is all over the internet? That is just the silliest thing I've heard.. and it left a blank page on my website. I didn't realize it wasn't loading, but now that you have brought that to my attention I plan on fixing it.

stevetrade posted:
fxtrader10 posted:
stevetrade posted:
revtraderpro posted:
I have addressed some of these concerns in past conversation on here, and frankly now I'm just going to ignore it. Results speak for itself. If your happy with the system keep talking here and help each other, and I'm happy to assist as well.

But the negativity - if you are not happy or just here to bring down this discussion then just leave no one said you have to use REV Trader PRO.



Easily solved if the problem was a MyFxBook issue. Delete the account and reconnect it. That should solve the problem and shut up the doubters.
Best regards Steve

Steve - I understood you were a doubter too? A huge believer that this system is a fraud.

I'm not saying it's a fraud, nor am I a doubter. All I'm saying is that the JL trader post raises some interesting queries. My own due diligence confirms that there are some issues with the historic trades, these should be considered and the reason for them addressed. If Doug was to disconnect and reconnect the account then the issues that occurred with MyFxBook should hopefully disappear.

However here's another thing to consider. JL trader flagged that the trades were the same on the statement published on Doug's site, which would rule out a MyFxBook issue.



The image was taken from this site, which was taken from this URL.

https://revtraderpro.com/account/statement.htm

A page which has now been taken down.

You know what, I was going to say

'I'm not saying the Ea doesn't work. However whether the returns of this account are all genuine is under debate.'

But after seeing that he's pulled the statement from his site, I'm going to call it.

'The emperor has no clothes on'

Best regards Steve
Member Since Dec 19, 2009   31 posts
Jan 07, 2015 at 16:10 (edited Jan 07, 2015 at 16:11)
faking a verified myfxbook account statement?!

maybe that is possible, but if you can do it, you are really really good!

I am now out of all 3 nzdusd trades profitably. As I said, sometimes I do even better than the account shown at myfxbook.
Member Since Oct 28, 2009   1424 posts
Jan 07, 2015 at 16:46
Good stuff, thanks for putting the statement back. It does of course raise the question of why the MyFxBook trades that are due to an upload problem are the same as the trades on the MT4 statement.
Best regards Steve
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Member Since Feb 09, 2010   226 posts
Jan 07, 2015 at 16:51
For all the doubters - here is another independently run account not associated with the vendor. Its the statement from Forex Peacy Academy which tests many systems.

https://www.forexpeacearmy.com/metatrader_expert_advisor/rev_trader_pro/real?gclid=CPapupSqgsMCFfLm7Aod1XgAcg

rob559
forex_trader_29148
Member Since Feb 11, 2011   1916 posts
Jan 07, 2015 at 17:49
gwindy posted:
I am having GREAT results with REV Trader PRO.

I would fully support the Scam-mongers getting blocked from this forum. Only constructive comments are welcomed here please.

you are from north korea 😂😂😂😂
Member Since May 10, 2011   200 posts
Jan 07, 2015 at 18:07
Hi Doug,
I was about to 'make the plunge', but your saying its an occasional software update and not just a .set update had me backing off. With a .set a kind of wfa (walk forward analysis, periods of backdata to optimize followed by forward test) as something to examine over the 60day guarantee would be cool. But software updates means my $700 is going for dependency you'll always be here, which is no guarantee that any of us will long term be here. I'm not a doubter, just trying to look at this scientifically. Otherwise I've mostly been impressed despite the negative feedbacks.
don't believe 99.9% of the EA e-ads out there my friends!
Member Since Oct 11, 2014   106 posts
Jan 07, 2015 at 19:59
Batcheler posted:
Hi Doug,
I was about to 'make the plunge', but your saying its an occasional software update and not just a .set update had me backing off. With a .set a kind of wfa (walk forward analysis, periods of backdata to optimize followed by forward test) as something to examine over the 60day guarantee would be cool. But software updates means my $700 is going for dependency you'll always be here, which is no guarantee that any of us will long term be here. I'm not a doubter, just trying to look at this scientifically. Otherwise I've mostly been impressed despite the negative feedbacks.

When I say update, I mean it can be an improvement to the SOFTWARE or SET files. The software can independently be used forever without anymore updates if you optimized the settings yourself, you get complete control over the EA's systems with a tremendous amount of settings.
Member Since May 10, 2011   200 posts
Jan 07, 2015 at 21:14
Thanks Doug, you've always been so answerably kind, I shall put that in the 'further hmm' bin. :)

Anything you'd like to say about how it is YOU that came up with this when so many other EA gurus failed us? Would be interesting to hear your take.
don't believe 99.9% of the EA e-ads out there my friends!
Member Since Dec 10, 2014   6 posts
Jan 08, 2015 at 07:48
aicohn posted:
I don't know what the doubters want. You have a verified myfxbook trade record going back over a year. Sure, there were some discrepancies on the prior bank of NZDUSD trades, which I raised on here publicly myself. But those discrepancies have been resolved as a temporary error in the myfxbook platform. My own doubts were ultimately put to rest.

On the other hand, you have doubters who take this system with its current set files and run it backwards for years and years without taking into account the possibility (hopefully probability) these sefiles wll continue to be optimized going forward as the market changes. They claim the result will be a busted account. Well, from a ridiculous premise, you can come up with a very unreasonable conclusion.

My own live forward experience with this system has been very very good. My results don't match those of the system author. Sometimes they aren't as good. Sometimes they are even better. But the returns have been positive. And my results are really quite similar to his. Again, this is not an unreasonable outcome given the system is being run on two different brokers separated by not just miles but continents. I wish his broker took american citizens as I wish his recommended broker for US citizens (fxchoice) didn't have such uncompetitive commissions. But people in hell want ice water too. So I come up with the best ECN broker I can find (tallinex), roll the bones and take my chances. So far, I'm pretty happy with the results.

In the end, you use revtraderpro and put your money on the line, or you don't. That's all.


That's the most clever post to be found in the whole topic as it sums up all pro/cons found here to one thing: go for it and accept whatever's coming your way or don't and move on w/o looking back. Which means you take a decision based on your own judgment which is always better than just don't do anything at all. Thanks aicohn you really helped me in my very own decision making process.
Member Since Nov 25, 2014   13 posts
Jan 08, 2015 at 07:48
I have the exact same results....all 3 of my nzdusd trades closed out profitably as well.
Go where you are celebrated, not where you are tolerated!
Member Since Jan 05, 2015   145 posts
Jan 08, 2015 at 07:49
Us that got our trades entered at higher level made out great...won all 3 trades. Plus like I mentioned the chart looked so good in our favor I added two manual trades. Even on Vendors live account the EA handled 3 tough trades very well to minimize loss. That's what I really love about this EA. The way it dynamically handles trades for you. We all know how tough and time consuming that is, that's why we are always searching for great EA's no? So now you have one, let's enjoy it. I can see the vendor is very active with his creation and that is extremely important for future profits for all us clients. Be grateful you have someone like him and hope he never stops. Closes thing to a goose that lays golden eggs. To you doubters picking at discrepancies, etc just go away. It has already been discussed enough and if the vendor doesn't to hear it anymore than so be it. Go away and don't use the EA, you have 60 days to get a refund. Some people are so greedy they can't be grateful even when they have something in their hands that is golden.
Member Since Jan 05, 2015   145 posts
Jan 08, 2015 at 07:49
fxtrader10 posted:
For all the doubters - here is another independently run account not associated with the vendor. Its the statement from Forex Peacy Academy which tests many systems.

https://www.forexpeacearmy.com/metatrader_expert_advisor/rev_trader_pro/real?gclid=CPapupSqgsMCFfLm7Aod1XgAcg


I seen that too, great stuff!
Member Since Dec 01, 2013   11 posts
Jan 08, 2015 at 07:54
Hi,
My two cents worth.... I purchased Revtraderpro early December 2014. I am using a ICMarkets live account and my results closely match the developers MyfxBook account. Watching the EA trade the methodology appears very solid and is definitely geared towards protecting your account through very active stop management. So far so good. I'm very happy with my purchase.
Member Since Apr 18, 2014   30 posts
Jan 08, 2015 at 07:54
Batcheler posted:
Thanks Doug, you've always been so answerably kind, I shall put that in the 'further hmm' bin. :)

Anything you'd like to say about how it is YOU that came up with this when so many other EA gurus failed us? Would be interesting to hear your take.

I just started running this EA this week, had 2 trades and 2 winners. In my opinion the reason this EA has such positive success is because of the trailing stop. This function has to have a positive effect on the performance.
RULES!!! RULES!!! RULES!!!!
Member Since Jan 04, 2015   22 posts
Jan 08, 2015 at 07:56
i have use rev trader for 1 week. for now the performance is quite good..
Confidence is not "I will profit on this trade." Confidence is "I will be fine if I don't profit from this trade.
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