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RevEnginePro 20 Pairs (By RedRhinoLab )

The user has deleted this system.

RevEnginePro 20 Pairs Discussion

frank
RedRhino (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 (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 (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 (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 (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.

aeronthomas (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 (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 (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.

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

frank
RedRhino (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.

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