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
63,351 Views
1,733 Replies
Member Since Nov 18, 2010   35 posts
Jan 23, 2015 at 18:16 (edited Jan 23, 2015 at 18:18)
I would to know from Doug when reactivate the EA.
I think is prudent wait end of effect of Greek vote in late monday (cet time).
Member Since Jul 31, 2012   210 posts
Jan 23, 2015 at 22:43
Just to let you know, before anyone else buy this...

They DO NOT have a 60 refund policy.

I was informed I only had 14 days... its not what he advertise in his page, or the whole clickbetter deal!!!

I feel I was really tricked here!
vladrac@
Member Since Apr 20, 2013   167 posts
Jan 23, 2015 at 23:57
vladrac posted:
Just to let you know, before anyone else buy this...

They DO NOT have a 60 refund policy.

I was informed I only had 14 days... its not what he advertise in his page, or the whole clickbetter deal!!!

I feel I was really tricked here!

Email the vendor. He will send you a paypal link to purchase from there and 60 day refund policy does exist.
Member Since Jul 31, 2012   210 posts
Jan 24, 2015 at 00:11
I did send the email, waiting for a reply.

Thx
vladrac@
Member Since Oct 11, 2014   106 posts
Jan 24, 2015 at 00:21
It is 60 days policy.. and emailing me is best way to reach me not here.
Member Since Jul 31, 2012   210 posts
Jan 24, 2015 at 07:54
revtraderpro posted:
It is 60 days policy.. and emailing me is best way to reach me not here.

Sorry about that, just expected the process to go over the clickbetter as it stated in the order.

Thank you very much for your promptly respond!

Regards,
Vlad
vladrac@
Member Since Jan 05, 2015   145 posts
Jan 24, 2015 at 10:33
Nico1359 posted:
fxtrader10 posted:
Nico1359 posted:
Just curious... Does anyone use this EA on Oanda? I've looked into the recommended broker for U.S. (FXChoice) but, personally, I'm not too thrilled with the notion of handing my money over to an unregulated broker out of Belize... So, any word on how it performs on Oanda?

Thanks.

Just look at the spreads - performance cannot deviate that much because its not a scalper. I also didn't like the notion of an unregulated broker. IC Markets is regulated. Why not open an account with them? A few members recommend them. I'm using FXPro which is regulated. Seems ok with them.

Neither of those brokers accept U.S. clients.

That's right, if you want great ECN spreads with hi leverage and ability to hedge and from USA I like TradersWay the best...all IMO. Thanks for heads up about Greece. I now shut my EA's off until after that event, was not aware about that. I love this site!
Member Since Dec 27, 2014   16 posts
Jan 24, 2015 at 10:35
vladrac posted:
Just to let you know, before anyone else buy this...

They DO NOT have a 60 refund policy.

I was informed I only had 14 days... its not what he advertise in his page, or the whole clickbetter deal!!!

I feel I was really tricked here!

And who 'informed' you of this...?
Better to ask stupid questions than to make stupid mistakes...
HedgeFXGold
forex_trader_79347
Member Since Jun 01, 2012   35 posts
Jan 24, 2015 at 10:36
I must have missed the memo on turning off the EA
Member Since Apr 20, 2013   167 posts
Jan 24, 2015 at 14:36
HedgeFXGold posted:
I must have missed the memo on turning off the EA

It's all good. The EA didn't end up trading anyways. I just reduced the lot sizes to 0.01 just to see what happens, but it didn't trade.
Member Since Jan 25, 2010   1360 posts
Jan 24, 2015 at 16:23 (edited Jan 24, 2015 at 16:35)
namminh75 posted:

'but the 35 pip SL were hit on two trades within 10 and 5 seconds, and all three trades occurred at similar times:'

You have to load the set file for each pairs,the the stop loss will be set as up-to-date update from vendor.

It would be nice if the vendor (or yourself) could share the set files here... I don't have any! 😉

fxtrader10 posted:
archangelsky posted:
I've turned on the EA as well. Let's keep monitor for any vary of trades among differences of broker's. 😄

You guys are really playing with fire.........what do you think could happen nexty week if Greece does elect the left wing party leader as President who wants to write off half of the counries international debt and even leave the euro?!?! What will happen if they don't elect him? Market could already have priced in today the possibility of him being elected which I think is why we see a large move today. Noone knows! There WILL be a large swing on opening on Sunday/Monday! Absolutely no doubt about it.

I hope your all on the right side of that swing!

I'm playing with demo, so no nasty repercussions here! 😎

Besides:
a) it is interesting to see how each EA performs in different market conditions - an uninterrupted test is more thorough and useful than a selective one;
b) you SHOULD NOT expect to see a similar move to the EURCHF again any time soon (at least until EUR or USD collapses or USDCHN unpegs). Some folks who had been in the markets 30+ years had never seen such a move! 😲
Member Since Aug 14, 2012   32 posts
Jan 24, 2015 at 18:11
fxtrader10 posted:
archangelsky posted:
I've turned on the EA as well. Let's keep monitor for any vary of trades among differences of broker's. 😄

You guys are really playing with fire.........what do you think could happen nexty week if Greece does elect the left wing party leader as President who wants to write off half of the counries international debt and even leave the euro?!?! What will happen if they don't elect him? Market could already have priced in today the possibility of him being elected which I think is why we see a large move today. Noone knows! There WILL be a large swing on opening on Sunday/Monday! Absolutely no doubt about it.

I hope your all on the right side of that swing!


Got your point fxtrader10. Just switched off for Monday morning :D
When it comes to trading, only the persistent survive.
Member Since Jan 25, 2010   1360 posts
Jan 25, 2015 at 01:27 (edited Jan 25, 2015 at 01:30)
archangelsky posted:
fxtrader10 posted:
archangelsky posted:
I've turned on the EA as well. Let's keep monitor for any vary of trades among differences of broker's. 😄

You guys are really playing with fire.........what do you think could happen nexty week if Greece does elect the left wing party leader as President who wants to write off half of the counries international debt and even leave the euro?!?! What will happen if they don't elect him? Market could already have priced in today the possibility of him being elected which I think is why we see a large move today. Noone knows! There WILL be a large swing on opening on Sunday/Monday! Absolutely no doubt about it.

I hope your all on the right side of that swing!


Got your point fxtrader10. Just switched off for Monday morning :D

Tuesday, January 20, 2015

Dear Trader,

After the decision of the Swiss National Bank last Thursday, another important week just started for the financial markets.

The macroeconomic calendar of the week is quite full, with two important events which will dominate the scene.

The ECB will celebrate its monthly meeting announcing its interest rates and its monetary policy news on Thursday 22nd. The announcement of a quantitative easing is very likely according to a majority of analysts. That decision could strongly impact the currency’s and stock markets.
On Sunday 25th, only three days later, Greece will elect its new parliament.
Those two events are expected to create huge volatility on the EUR.

With the usual aim of protecting our clients, ActivTrades is increasing the margin required by 4 times in all EUR pairs as of Tuesday 20th January 19:00 CET.

If you have any questions, please contact our support team.

Kind regards,

Your ActivTrades Team

This notice is for information purposes only and should not be considered as investment advice. The decision to act on any ideas and suggestions presented in this notice is at the sole discretion of viewer.

Meh... I'm still keeping my Demo active - let's see just how BIG this move is gonna be! 😉

But for a Real account: is it worth losing your entire balance? Think about that... 😲
Member Since Jan 05, 2015   145 posts
Jan 25, 2015 at 07:42
BluePanther posted:
namminh75 posted:

'but the 35 pip SL were hit on two trades within 10 and 5 seconds, and all three trades occurred at similar times:'

You have to load the set file for each pairs,the the stop loss will be set as up-to-date update from vendor.

It would be nice if the vendor (or yourself) could share the set files here... I don't have any! 😉

fxtrader10 posted:
archangelsky posted:
I've turned on the EA as well. Let's keep monitor for any vary of trades among differences of broker's. 😄

You guys are really playing with fire.........what do you think could happen nexty week if Greece does elect the left wing party leader as President who wants to write off half of the counries international debt and even leave the euro?!?! What will happen if they don't elect him? Market could already have priced in today the possibility of him being elected which I think is why we see a large move today. Noone knows! There WILL be a large swing on opening on Sunday/Monday! Absolutely no doubt about it.

I hope your all on the right side of that swing!

I'm playing with demo, so no nasty repercussions here! 😎

Besides:
a) it is interesting to see how each EA performs in different market conditions - an uninterrupted test is more thorough and useful than a selective one;
b) you SHOULD NOT expect to see a similar move to the EURCHF again any time soon (at least until EUR or USD collapses or USDCHN unpegs). Some folks who had been in the markets 30+ years had never seen such a move! 😲

Matt, the set files come with the download after you purchase, for 2nd and 3rd trade settings click the read me file.
Member Since Jan 05, 2015   145 posts
Jan 25, 2015 at 07:43
mwells posted:
I'm running RTP on ICMarkets ECN Live02. I've used the recommended .set files, just tweaked risk and number of entries per pair based on historical performance of each pair. I haven't messed with the other settings.
Six weeks of live trades pretty well match the RTP myfxbook account entries and exits. I've paid for the EA 3 times over on a relatively small account.
Nice work Doug!!

mwells, what do you have set for the 2nd and 3rd trades...if you do not mind sharing?
Member Since Dec 01, 2013   11 posts
Jan 25, 2015 at 13:44
No problems. I have all settings as per the text document that comes when you purchase. I haven't messed with the recommended settings.
Member Since Jan 05, 2015   145 posts
Jan 26, 2015 at 07:41
craneliu posted:
bigtraderapp posted:
mwells posted:
I'm running RTP on ICMarkets ECN Live02. I've used the recommended .set files, just tweaked risk and number of entries per pair based on historical performance of each pair. I haven't messed with the other settings.
Six weeks of live trades pretty well match the RTP myfxbook account entries and exits. I've paid for the EA 3 times over on a relatively small account.
Nice work Doug!!

mwells, what do you have set for the 2nd and 3rd trades...if you do not mind sharing?

One question , did you really buy this EA from official channel or free copy?
If you bought from official channel, you should have the set files and instructions.
If you didn't buy, please don't request the optimized set files for the clients. It is unfair to the EA vendor.

craneliu, I was asking because sounded like mwells customized his 2nd & 3rd trade settings from the vendors recommended and I wanted to know. Apparently you did not understand that, yes...I have bought my copy from official channel (that sounds funny btw) and I do not buy or obtain pirated software. That is just plain wrong and stealing. Do you have a pirated copy?
Member Since Jan 05, 2015   145 posts
Jan 26, 2015 at 07:41
mwells posted:
No problems. I have all settings as per the text document that comes when you purchase. I haven't messed with the recommended settings.

Thanks for letting us know mwells, sounded like you tweaked that and doing well. I was interested when saw your post because of a couple of the pairs was thinking of tweaking myself. A couple of them seem a little too close on 2nd order but Doug knows better than me so just sticking to his settings.
Member Since Dec 01, 2013   11 posts
Jan 26, 2015 at 11:05
I have no basis for changing Doug's settings. Doug has clearly optimised and it is working well. Just making the observation that with the recommended settings on ICMarkets ECN I am seeing pretty much the same entries and exits as Doug.

If it ain't broke, don't try and fix it.
Member Since Nov 18, 2010   35 posts
Jan 26, 2015 at 19:16
I turn on the EA live. 1 sell EURUSD just opened.
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