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
61,858 Views
1,733 Replies
Look009
forex_trader_186239
Member Since Apr 15, 2014   224 posts
May 19, 2015 at 06:25
what is usual SL in this system ?
Sepantam
forex_trader_207433
Member Since Sep 13, 2014   3 posts
May 22, 2015 at 17:59
Hi
Please give me all the settings Expert

Which is also to introduce the best settings Expert

Thanks
Member Since Nov 15, 2012   25 posts
May 28, 2015 at 11:54
i would like to sell my license of RTP
Interested? plscontact me via PM
Member Since May 08, 2012   60 posts
May 28, 2015 at 14:41
Another storm come again...
TradeNew
forex_trader_205742
Member Since Aug 31, 2014   70 posts
May 28, 2015 at 15:21
SleepingFX posted:
Another storm come again...

why?
Member Since Oct 30, 2014   25 posts
May 28, 2015 at 15:28
It seems that all RevTradeerPro history is fake.

there might me corruption at broker level.
TradeNew
forex_trader_205742
Member Since Aug 31, 2014   70 posts
May 28, 2015 at 15:39
glinjawi posted:
It seems that all RevTradeerPro history is fake.

there might me corruption at broker level.

why?

just skip first two months with custom analyzing and you see the real picture. no fake. trades on my accounts matched trades on this account. hope rev will do better again in the near future. btw: eurusd & audusd are the best pairs to trade with.
Member Since Oct 30, 2014   25 posts
May 28, 2015 at 17:11
TradeNew posted:
glinjawi posted:
It seems that all RevTradeerPro history is fake.

there might me corruption at broker level.

why?

just skip first two months with custom analyzing and you see the real picture. no fake. trades on my accounts matched trades on this account. hope rev will do better again in the near future. btw: eurusd & audusd are the best pairs to trade with.

the EA was first marketed on Oct 2014. EA was optimize to give maximum profit for the period before.
opening 8.0 lot with $5k and 2.0 lot with $200K doesn't make sense.

It's very easy for the broker to fake a history and uploade it in Myfxbook.
TradeNew
forex_trader_205742
Member Since Aug 31, 2014   70 posts
May 28, 2015 at 17:21
glinjawi posted:
the EA was first marketed on Oct 2014. EA was optimize to give maximum profit for the period before.
opening 8.0 lot with $5k and 2.0 lot with $200K doesn't make sense.

It's very easy for the broker to fake a history and uploade it in Myfxbook.

No its only a marketing strategy to ovetrade the accounts to produce such high numbers. Maybe they are using many accounts and only the account who will survive will be showed. VortexTrader PivotEA Keltner Pro all the same story. Skip first months and you have the real performance. I dont see any bad curve looking at revtrader pro and i dont know any ea who isnt optimized for the last period of time. All those backtest stuff is nothing else than optimizing the strategy. If vendor can adjust set files here for changing market conditions all is fine. End of the year we know if revtrader pro is making money for this year or not. All other time frames doesnt make sense with all those eas. Look at the equity curve and you see nothing special right now. We had such periods before.
Member Since May 10, 2013   52 posts
May 28, 2015 at 20:24
Taking out the first 2 months in KeltnerPro we still have 1100% Gain, I think the model is different here and I like it till it works fine,
then simply we have to be patient and monitoring the performance if they are in the hist range (excluding the first months histoy that are not relevant and are purely marketing oriented). Keltner is a reasonable EA if used with reasonable risk setup then we need, as usual patience, like in Rev Pro I guess, but I don't know this EA you surely know it better than me. It seems in the last months underperforming and maybe you need to investigate with backtest what is happen and why so long negative perf.
Did you check correlation of perf with volatility ?
cheers
Xam
Find an edge and trade it
Member Since Jun 29, 2014   2 posts
May 29, 2015 at 19:57
Rev Trader Pro it's a SCAM !!!!!!!!! I want my money back now ...
Member Since Oct 09, 2014   15 posts
Jun 02, 2015 at 09:35 (edited Jun 02, 2015 at 09:57)
@skaboy posted:
fxdummy wrote
'But Doug knows how to fix it for sure but he chose not going to, that really upset me.'

What else is known for sure?


You are the only one that know whats up. He doesn't actually give a fuck about peoples negative opinion rite now. Compared to what he makes daily from way back before he made it public he is not impressed with people, especially people that make just negative comments. I'm just trying to read his mind. He knows what he is doing, what a lot of people don't know is that such ea's in a long time will kill the entire liquidity in the forex market-believe me . I believe that he doesn't want to help the entire planet as he wanted when he made it public. But he can if he wants to.
   The EA works on support and resistance levels even if the market it trending or ranging,its bullshit. It knows where to enter right trades fine tuned well. @revtraderpro doesnt want to help his customers. Thats not fair Doug :(

@Xamarass On ponit on what you said. 'need to investigate with backtest what is happen and why so long negative perf'. If not Doug is not willing to help, Do you have knowledge in optimization it woullld be nice if you can share any idea, Thanks

   
  
Member Since Jun 20, 2011   1 posts
Jun 02, 2015 at 09:54
I'm not sure it's a scam. I was doing well for me until March. I think problem is the EA is in need of some major re-think or optimisation
Member Since Oct 11, 2014   106 posts
Jun 03, 2015 at 04:32
Just because my EA is having trouble, doesn't make it a scam. It has many months that it performed insanely well, and unfortunately, it's been beaten down. I have done multiple updates not too long ago, 2.8 being recent. And unfortunately it's still not making a come back yet.
gerardngawati
forex_trader_197411
Member Since Jun 30, 2014   32 posts
Jun 03, 2015 at 07:25
The history is fake. See https://www.jltrader.com/2015/01/02/dont-buy-the-hype-rev-trader-pro/
I was also tricked. Saying that, take the loss deal with it, learn from it. Then and MOVE ON. People who dwell on losses make bad traders, there alot of oppurtunities out there. Here is what you can get from this experience: Forward tests have there weaknessses, only trust reputable brokers, if not monitor for a few months, to see if it gets similar results. Going from 30% to -2% can happen but should show red flags. Also Try and get a back test, a long term back test can show you stuff over longer periods that may not show in current market.
Anyway should have left this disscussion ages ago.

Have fun.
Member Since Jan 07, 2015   39 posts
Jun 03, 2015 at 07:28
i have been with rev since nov 2014...my account is at +176% on 4% risk

i am very happy with rev

patience
Member Since Feb 14, 2015   74 posts
Jun 03, 2015 at 07:41
Using RTP since Jan 2015, lost 25% with 3% risk, following all the recommended setting and update from vendor. Turn off RTP since May 1, 2015, otherwise it would lose more.

None of the updates work so far, so disappointed.
gerardngawati
forex_trader_197411
Member Since Jun 30, 2014   32 posts
Jun 04, 2015 at 06:51
revtraderpro posted:
Just because my EA is having trouble, doesn't make it a scam. It has many months that it performed insanely well, and unfortunately, it's been beaten down. I have done multiple updates not too long ago, 2.8 being recent. And unfortunately it's still not making a come back yet.
There's one way you can prove it isn't a scam show ticket numbers in history, unless your using a very unused broker the ticket numbers should not be sequential. There's no way,its obviously an imported back test, especially over such a big time frame. On my live account no ticket numbers come close to it.
  
gerardngawati
forex_trader_197411
Member Since Jun 30, 2014   32 posts
Jun 04, 2015 at 06:51
Its actually done really well, to be honest I didn't even notice it. The lot size has decrease dramatically, this both makes the gain look higher but also delays the downfall when real wasn't expected to work. To be honest its been done really well, I'm impressed.
 
Member Since Oct 09, 2014   15 posts
Jun 05, 2015 at 06:16
revtraderpro posted:
Just because my EA is having trouble, doesn't make it a scam. It has many months that it performed insanely well, and unfortunately, it's been beaten down. I have done multiple updates not too long ago, 2.8 being recent. And unfortunately it's still not making a come back yet.

fix this stuff from the 4Hrs chart and check the stoch settings
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.