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RevEnginePro 20 Pairs (By RedRhinoLab )

The user has deleted this system.

RevEnginePro 20 Pairs Discussion

frank
RedRhino
Jan 30 2015 at 04:15
471 posts
Using the same Logic and Indicator from the Infamous RevTraderPro.
Running on all currency pairs with the standard EURUSD setfile with 90 pip Stoploss
Backtest - https://www.myfxbook.com/strategies/revenginepro-eurusd-std-setfile/76355

In respect to Gold Trades, I needed to add 10x values because gold points aren't hardcoded yet, but will be in the next update.

If the strategy is good, I shouldn't have to optimize setfiles for every currency. I'm glad to hear your opinion on that matter.

frank
RedRhino
Jan 30 2015 at 10:22
471 posts
One of the differences is a new feature that uses a Basket Breakeven when the second trade is entered.
EURCAD had a breakeven + 5 pips basket from 2 trades being opened. Read more here - https://redrhinofx.com/revenginepro/


frank
RedRhino
Feb 04 2015 at 05:57
471 posts
RevEnginePro is trading all currency pairs on H1 TF. Results were good til now. A lot of trades are open and the winning trades are not getting enough pips to cover the losing trades. I will have to learn from this and make an update. I am also using a setfile from RTP EURUSD which means other pairs do need optimization if we want to see the full potential.

As I mentioned in the first post, ' If the strategy is good I shouldn't have to optimize setfiles for each currency pair' that doesn't seam to be the case. I believe focusing on changing the logic would be more beneficial than optimization.

EURNZD trades were cut short with 20-30 pips while having potential of 413 pips. Maybe a small setting change in the trailingstop or turning off the trailing all together would result in higher pips per trade.

frank
RedRhino
Feb 04 2015 at 08:51
471 posts
RedRhino posted:
Results were good til now.


The system pulled through nicely and made some profits.

frank
RedRhino
Feb 04 2015 at 19:06
471 posts
I am sharing a backtestable version of RevEnginePro for free here, these are my reasons - https://redrhinofx.com/backtesting-revtraderpro/ ENJOY.

Don't forget to share your results and setfiles.

Ozzie Matt (aeronthomas)
Feb 06 2015 at 06:37
1557 posts
RedRhino posted:
I am sharing a backtestable version of RevEnginePro for free here, these are my reasons - https://redrhinofx.com/backtesting-revtraderpro/ ENJOY.

Don't forget to share your results and setfiles.


Looks interesting I will let you know how I go. Can you confirm I could run these backtests on the weekend with markets closed? thanks.

frank
RedRhino
Feb 06 2015 at 09:00
471 posts
Yes you can. You will need the data first then you can backtest offline. I would recommend downloading the M1 ONLY data than use the PeriodConverter script to generate the other Timeframes 5, 15, 30, 60, 240, 1440.

frank
RedRhino
Feb 06 2015 at 09:05
471 posts
I changed my setfiles from the standard RTP EURUSD to an optimized version here - https://www.myfxbook.com/strategies/revenginepro-eurusd-5-year/76660 - I've realized how to extract more pips to boost the RR factor because I was disappointed to see a good entry and only capture 20 pips when the trade had potential of several hundred.

I've also changed the HighLow indicator for optimization purposes.

Ozzie Matt (aeronthomas)
Feb 06 2015 at 12:12
1557 posts
Sounds great Frank look forward to back testing this weekend cheers.

frank
RedRhino
Feb 08 2015 at 06:18
471 posts
RTP issued 2.6v with new setfile, can anyone confirm if setting are from my opt setfile or if any new features were added. I can make changes on request.

frank
RedRhino
Feb 09 2015 at 19:35
471 posts
Shorts on NZDUSD and AUDUSD along with NZDJPY .
USDCAD looking for a move up.

frank
RedRhino
Feb 10 2015 at 16:20
471 posts
USDJPY , GBPJPY and GBPUSD Shorts. A lot of signals today.

I hear RTp 2.6 didn't fire because of errors and another update is out. Why the updates if the system is already profitable?

Systematic trading systems need to be left alone unless you actually need an update based on improvements backed by facts, not emotions. I'd request a deep analysis with backtest comparisons of the late 5 updates from 2.2 to 2.7 from the last 1 year to see if these updates are actually beneficial.

RevEnginePro is pulling pips out of the market...https://redrhinofx.com/revenginepro/

frank
RedRhino
Feb 12 2015 at 11:13
471 posts
+6.96% (+5.86%) - Today.
I recoded the entire system and added a SaveResources function that keeps CPU to minimal levels since its running on 20 pairs. With further testing I can possible reduce CPU usage even less. I've noticed MT4 build 700+ eats more CPU then 600+ builds.

frank
RedRhino
Feb 13 2015 at 07:16
471 posts
RevTraderPro is struggling..



While RevEnginePro continues to make profit. Even if I do a custom analysis of the 4 supported currency pairs from RTP , REP still beats it. RevEnginePro is a better system.








goode
Feb 13 2015 at 13:58
220 posts
hi what's wrong yesterdays's gbpusd pairs,i saw your myfxbook open and close it and go on open and close it in 0s or 1s...many times

frank
RedRhino
Feb 13 2015 at 15:25
471 posts
I am sure. It was at 13:00 and all trades opened and closed within about 1 second. I don't understand how it could have happened because I have a function that checks the last closed trade time and ensures the next trade waits 60 seconds from the last closed time. I reverted back to an older build of MT4 pre 700 maybe there is a bug in older mt4 . . I reloaded the EA and setfile.

Ozzie Matt (aeronthomas)
Feb 13 2015 at 15:26
1557 posts
RedRhino posted:
I am sure. It was at 13:00 and all trades opened and closed within about 1 second. I don't understand how it could have happened because I have a function that checks the last closed trade time and ensures the next trade waits 60 seconds from the last closed price. I reverted back to an older build of MT4 pre 700. . I reloaded the EA and setfile.


Annoying when you can't work out what the bug is, good luck in working it out:)

frank
RedRhino
Feb 14 2015 at 07:06
471 posts
RedRhino posted:
+6.96% (+5.86%) - Today.
I recoded the entire system and added a SaveResources function that keeps CPU to minimal levels since its running on 20 pairs. With further testing I can possible reduce CPU usage even less. I've noticed MT4 build 700+ eats more CPU then 600+ builds.


Thanks @aeronthomas , I may revert back to the my last version of RevEnginePro because I never had issues. Its difficult to sort it out when I changed the EA code and changed the MT4 versions. I can't replicate the error in backtests either.

Leonardo García (lgarcia99)
Feb 14 2015 at 09:48
24 posts
M. A. Shahid (mashahid)
Feb 14 2015 at 11:06
90 posts
RedHino is a big fraud company which collects your personal details by offering you free copy of RevEnginePro. Once you register, they will send you download link and order details but after downloading ZIP file will be password protected which they will never tell you. I should say keep away from these guys and don't register if you receive any email for free EA. I am sure they will sell your information to other marketing companies.

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