Hi every one,
Just here my recommendations for you to use the REV EA profitable and secure:
REV trades according to the long term trend on D1. Trades(s) will be opened when the prices get overbought or over sought with a certain level of high/low measure .
That means as long as the EMA 72 and SMA 24 settings are above the price, then that pair is still in a downtrend and there is only sell positions to consider ( REV doesn't trade against the trend!). So according to this, if the pair in a strong downward trend,then the EA will work very well.
Now we have some small change in the trend for NZDUSD and GBPUSD , in which if those pairs are set on MA_Setting_TF H4 then they are but in a bullish trends(upward)! Therefore our opened positions for those pairs recently are mostly getting a very short reverse for the first trade(T1).
The vendor 's account has more than 200K and he just set the lot size only 1 lot-3 lots. Vendor can let the EA work without intervention manually and he can yet survive this period in profits of course. Therefore calculate you your position sizing accordingl to your available balance on the one hand and on the other hand we should take small profit for the first opened trade firstly ,and then let the price raises up again and then let it shorting( you just need to switch on and off your live trading tool properly. We one to be pro trader,that means we must be able to count the chart and decide when we have to exist.
Yesterday my account opened 10 lots from the REV EA, and I did closed them all in a small profits but I am content with this because I see the way REV works and can say that REV can be reliable with conditions.
be humble,wise and thanks the Lord for every pip you get and try to keep it!