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RevEnginePro 20 Pairs (By RedRhinoLab )

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RevEnginePro 20 Pairs Discussion

corre71
Feb 15 2015 at 14:58
256 posts
Frank, for BTs we should use the settings you indicate here?
https://www.myfxbook.com/strategies/revenginepro-eurusd-5-year/76660


Running only Expert advisors with good long term backtests and nice forward tests
frank
RedRhino
Feb 16 2015 at 07:29
471 posts
Yes you can start there and share your optimization results when you are finished.

frank
RedRhino
Feb 16 2015 at 12:48
471 posts
fxdad posted:
Thanks Frank, it worked. BT ran fine. Tested it on EU H1 from 01/2014 to 03/2015. It made close to 50% profit with a Relative drawdown of 27.06%. Modelling quality was 55.60%.

I got a bunch of 'OrderModify error 130' and ''OrderModify error 1' errors though.


https://book.mql4.com/appendix/errors - ERR_NO_RESULT 1 = no error. And 130 is common since every broker has their own Stoplevel value and I design EA's for ECN brokers. No one should be should be using market makers in 2015.

When I reverse engineered Rev Trader Pro my focus was to produce a similar result to RTP BT - https://www.myfxbook.com/strategies/revtraderpro-eurusd-cp/76349

and when I was complete I had better results with my version RevEnginePro -
https://www.myfxbook.com/strategies/revenginepro-eurusd-std-setfile/76355

The final result was less drawdown and more profits. You can do a custom analysis( Change the start and end date to the data that you backtested on) my EURUSD backtest to compare to yours.

Backtesting is only as good as your data! I started to backtest on 3 data sources ( 3 MT4 platforms ) for this reason to see the variations in the results. I would start here because this data has less data holes than most sources -

https://www.forextester.com/data/datasources

fxdd - metaquotes - alpari are all terrible data sources with many missing bars.


goode
Feb 16 2015 at 13:04
219 posts
@RedRhino

why here 4.88lot and 0.12lot gbpusd?that's strange.

and your 0.12 lot keeping 0S agian?

another question. how many orders of the same pairs will keep opening together?(the rev is default=1 but recommended
 max 3 order),what about revEnginePro?

thanks

frank
RedRhino
Feb 16 2015 at 13:05
471 posts
Open an offline chart (M1) and use the attached script ( drag and drop ) on to the chart, this will tell you what data bars are missing from your history. You will get the results of the script in the Experts Tab ( Messages). such as

2015.02.16 05:01:38.467 sqCheckHistoryGapsScript EURUSDi,H1: EURUSDi/H1 Total: 52 missing bars / 2116 total bars = 2.0% missing bars

frank
RedRhino
Feb 16 2015 at 13:18
471 posts
@goode The 0.12 was a portion of the 5.00 lot position which closed before the 4.88 lots. Maybe the slippage setting needs to be turned up. I didn't think FXopen ECN demo feed can give accurate market depth but seeing these smaller portions being closed out could explain it.

The amount of orders is up to you. It is adjustable on the fly. I like 2-3 because this will average your entry price and allow the basket to close out at a profit. Its a feature that separates REP from RTP and proves to be much more profitable with handling the orders.

frank
RedRhino
Feb 16 2015 at 13:27
471 posts
Even though REP follows the Daily trend, there are times when the market can rally against for a few days before the Trend filter can adjust to the change in the trend. This can of course be changed to follow the short term trend by changing the MA timeFrame Setting.

When GBPJPY started to rally I increased the Orders to 5 , accepted the drawdown and waited patiently for the basket to close out.




frank
RedRhino
Feb 16 2015 at 13:35
471 posts
goode posted:
(the rev is default=1 but recommended
 max 3 order),what about revEnginePro?

thanks

I wouldn't use a setting of 1 unless you optimize the SL and TP settings and disable'LockInProfit' because without the 2nd or 3rd order you will need a good RR ratio to make money in the long run.

By enablings more than 1 order, we get many successful signals that would have been a Stopout if only using 1 order.




goode
Feb 16 2015 at 13:50
219 posts
thanks,i undertand.

now the only problem it's that solve your 0-1S orders probolem.

still observe your result.

by the way some pairs (expairs eu,gu,uj,au etc. ) is easy to run *** pips and the price not come back. i don't know you how to deal tham.

thanks

corre71
Feb 16 2015 at 13:56
256 posts
Attached my BT for EURUSD with the suggested set file. The BT is made with tick datas and 1.2 pips spreads

Attachments:


Running only Expert advisors with good long term backtests and nice forward tests
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