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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
Antny (fughe)
Oct 27 2014 at 06:01
724 posts
backtests

I started out doing tick, but it was horribly slow. So I tried control points, and I noticed there was virtually zero difference in the resultant trades. So...here are tests for the 4 primary currencies, using the default settings.....except lot size. I used fixed 0.01 lot. I had intended to run them on $1000, but forgot to change it. So they are all on $10k.

My personal thoughts--- I believe the system has potential. It does NOT handle sudden, major shifts in the trend well at all. Since the market spends most of its time in ranges, this may be overcome. I have it running on demo currently while I analyze the backtests in more detail.

Attachments:


Make losses, but always come out a winner at the end.
revtraderpro
Oct 27 2014 at 07:36
106 posts
Again if need help or have questions: support@revtraderpro.com , if prefer paypal no problem, send me an email.

James Phuc (jamesphuc)
Oct 27 2014 at 07:41
88 posts
Hi Revtraderpo,

1. I checked around and know that Clickbank works with your country. So, if you believe that your ea is worth the value (we as buyers hope so and wish so, because we want to keep your ea if it works well as advertised and nobody wants to ask for refunds in this case, right?), please set up a payment gate via CLICKBANK. Thanks.

2. Many of us are still wondering about the Money Management coding of your ea. So, please kindly set up a small live account of 500 usd - 1k usd and put your ea on with 5% MM to see how it performs with practical drawdown when using this 5% Money Management rule instead of fixed lot size.

I also agree with Jerry's comments above that you were really and extremely lucky to be able to have your account shot up at beginning even with less than 5k and used very LARGE LOTS right at beginning without wiping out the account.

But in our lives, how many of us can have the same LUCKY DAYS like you did last December, 2013?

So, using your ea with 5% Money Management setup to see the max drawdown, profit factor and profits to make all of us feel COMFORTABLE when deciding to buy your ea. Hope you understand us.

Waiting for your reply asap.

Thanks

James

LiquiMolly
Oct 27 2014 at 07:48
8 posts
Hi!

Someone mentioned that the lot sizes have been the same (fixed). They look to be very much the same even if some of them are different.
Q: Has the EA on REV Trader's page run on FIXED lot sizes, and did I understand right that they will arrange some money management so this can be corrected?

Thanks for your help! Regards

(Many draw downs like for example the one in July would have wiped out the account in the start.)

US.YOUNG (michaelkim)
Oct 27 2014 at 08:01
181 posts
Hi revtraderpro,

Last week 3 short positions did open on 10/24/ 2014 on audusd and 2 short positions on nzdusd and all positions closed last Friday, But my account did not closed last week and still open and Negative.

Why???

US.YOUNG (michaelkim)
Oct 27 2014 at 08:02
181 posts
Did you close all 5 positions by manually??

M. A. Shahid (mashahid)
Oct 27 2014 at 08:04
90 posts
Every one is asking to add myfxbook link with $500 balance and 5% risk MM. i am adding my live account with REV Trader permissions. I hope it will help everyone to evaluate the EA before you buy.
https://www.myfxbook.com/members/mashahid/icm-rev-trade/1057891

James Phuc (jamesphuc)
Oct 27 2014 at 09:50
88 posts
Hi M.A Shahid,

Thanks for your live account posting with 5% MM. Let's watch and see how it will perform in the next 2 - 3 months, and its' real max drawdown, etc.

James Phuc

batchboy (Batcheler)
Oct 27 2014 at 11:33
200 posts
michaelkim posted:
Hi revtraderpro,

Last week 3 short positions did open on 10/24/ 2014 on audusd and 2 short positions on nzdusd and all positions closed last Friday, But my account did not closed last week and still open and Negative.

Why???

Sounds like you tried to close trades on Friday after the broker closed for weekend Michael, so its Sunday to Monday now, try again.
BTW, why are you needing to do manual trade closing, a problem with REV?

don't believe 99.9% of the EA e-ads out there my friends!
batchboy (Batcheler)
Oct 27 2014 at 11:40
200 posts
jamesphuc posted:
Hi Revtraderpo,

1. I checked around and know that Clickbank works with your country. So, if you believe that your ea is worth the value (we as buyers hope so and wish so, because we want to keep your ea if it works well as advertised and nobody wants to ask for refunds in this case, right?), please set up a payment gate via CLICKBANK. Thanks.

2. Many of us are still wondering about the Money Management coding of your ea. So, please kindly set up a small live account of 500 usd - 1k usd and put your ea on with 5% MM to see how it performs with practical drawdown when using this 5% Money Management rule instead of fixed lot size.

I also agree with Jerry's comments above that you were really and extremely lucky to be able to have your account shot up at beginning even with less than 5k and used very LARGE LOTS right at beginning without wiping out the account.

But in our lives, how many of us can have the same LUCKY DAYS like you did last December, 2013?

So, using your ea with 5% Money Management setup to see the max drawdown, profit factor and profits to make all of us feel COMFORTABLE when deciding to buy your ea. Hope you understand us.

Waiting for your reply asap.

Thanks

James

Hi James,
Best to copy this letter and email it to support@revtraderpro.com as he has requested a couple times, apparently Doug is not too keen of this forum manner of things needing addressed.
Let us know how he responds. Thanks James.
Jerry

don't believe 99.9% of the EA e-ads out there my friends!
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