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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

REV Trader PRO REAL Discussion

aicohn
Jan 16 2015 at 11:44
31 posts
jesus
Jan 16 2015 at 12:38
10 posts
Hi folks,

There are several things that bother me

1º) Why the oficial acount of revpro, this one, has 3 trades opened right now, while mine and some others closed them yesterday.

2º) It seems it is not posible to backtest the ea at mt4.

3º) Dough Price dont seem very interested in answering questions and supporting people that bought his ea.

I see that the ea is working on these premises: entry point is the high or low, filtered with the 80/20 stocastic oscilator level, following the daily trend (down or high) and did a manual back test of these conditions for the last 5 years. The last year, 2014 was wonderful, but the other 4 were depressing. Obviously, I have done it manually and did not take all my time, but Dough should answer these questions.....and I keep asking them to him, but he does not seem very interested,

fxtrader10
Jan 16 2015 at 12:44
226 posts
jesus posted:
Hi folks,

There are several things that bother me

1º) Why the oficial acount of revpro, this one, has 3 trades opened right now, while mine and some others closed them yesterday.

2º) It seems it is not posible to backtest the ea at mt4.

3º) Dough Price dont seem very interested in answering questions and supporting people that bought his ea.

I see that the ea is working on these premises: entry point is the high or low, filtered with the 80/20 stocastic oscilator level, following the daily trend (down or high) and did a manual back test of these conditions for the last 5 years. The last year, 2014 was wonderful, but the other 4 were depressing. Obviously, I have done it manually and did not take all my time, but Dough should answer these questions.....and I keep asking them to him, but he does not seem very interested,


I agree there should be more attention to the thread here from the developer.

I also have three trades open and I think its because we got the signal twice. First time was good and it took a profit on two trades and then proceeded to open three more trades in AUDUSD.

We all have different broker feeds which would make the indicators come up with different results.....thats the reason why we have slightly different trades.....

As I have said a few times on this forum - WHAT HAPPENS WHEN YOU TWEAK THE TP and SL? I've noticed the entries with this EA are very good. The only thing I suspect needs to change is the fixed TP and SL settings because it may be that in the future those settings are just too ambitious so they may need to be reduced. Or it may be that they are too low so they may need to be increased. The entry is just as important as the exit and I think the entry is ok for the moment. I don't know what others opinions are on this or even Doug's view. I'd appreciate his view too.

jsintl
Jan 16 2015 at 12:58
155 posts
How is this EA treating the SL? Will it close the position once it reaches the SL in pips? Or is it working with basket trading?

revtraderpro
Jan 16 2015 at 14:50
106 posts
goode posted:
@revtraderpro hi vendor,these audusd what do you think? keep opening the weekend or let's close before the market closed 30mins?


we hope you give us advice or just send e-mail to all clients.


If it keeps going the way it's going I will most likely let it close for weekend.

revtraderpro
Jan 16 2015 at 14:51
106 posts
It's not easy to spend all day on here. I do my best to check in from time to time.

1) different price feeds.
2) It's very slow.

jesus posted:
Hi folks,

There are several things that bother me

1º) Why the oficial acount of revpro, this one, has 3 trades opened right now, while mine and some others closed them yesterday.

2º) It seems it is not posible to backtest the ea at mt4.

3º) Dough Price dont seem very interested in answering questions and supporting people that bought his ea.


supernova01
Jan 16 2015 at 15:41
8 posts
revtraderpro posted:

2) It's very slow.


So, is it real to backtest EA? What do u think about this backtest ? I see the major diff between test results and yours from Jan'14 to Oct'14...

revtraderpro
Jan 16 2015 at 15:44
106 posts
supernova01 posted:
revtraderpro posted:

2) It's very slow.


So, is it real to backtest EA? What do u think about this backtest ? I see the major diff between test results and yours from Jan'14 to Oct'14...


We are on v2.5 ... updates have improved it overtime so backtest a year ago may not be same as today... BUT more importantly the robot continues to work and do well... Please stop posting this dribble, this has been discussed multiple times already.

Matt (BluePanther)
Jan 16 2015 at 16:12
1354 posts
supernova01 posted:
https://twathochties.blogspot.co.uk/2014/11/rev-trader-pro-should-it-stay-or-should.html


'All things considered' (as they say...). Quite in-depth analysis - a lot of effort was put into that. But as always, results will vary depending upon many factors, especially broker's feed, systems used (servers, latency), etc.

revtraderpro posted:
Please stop posting this dribble, this has been discussed multiple times already.
😲

Hmmm...

“The trouble with most of us is that we'd rather be ruined by praise than saved by criticism.”
― Norman Vincent Peale

“To avoid criticism say nothing, do nothing, be nothing.”
― Aristotle

batchboy (Batcheler)
Jan 16 2015 at 16:16
200 posts
supernova01 posted:
https://twathochties.blogspot.co.uk/2014/11/rev-trader-pro-should-it-stay-or-should.html

Doug told me that latest version is needed, and my thoughts further is that Walk-Forward-Analysis is in order (i.e., optruns in sections of past followed by 'walk forward' test......there is such a software that controls mt4 to do this, but strangely, its only now available as trial.....anyone know why? Not compatible with v600+'s? Oh well, so doing manually is possible, except doing this HUGE project within 60 day guarantee most likely not possible.)

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