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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

uaehawx
Nov 26 2014 at 07:42
66 posts
also stop and we waiting


uaehawx
Nov 26 2014 at 07:42
66 posts
I think this result fake result

paolos
Nov 26 2014 at 07:48
3 posts
Also my demo account on Synergy (the same brokers of revpro myfxbook account) has the same problem

opened the trade at 17:00 @ 1.24191 and close today at 16:37 @ 1.24506 - 31 pips lost

it's quite strange that the real account opened 1 our later than all the other !

if there was a problem of slippage, this problem is the real account myfxbook which opened an hour later, and not all the other accounts


paolos
Nov 26 2014 at 07:49
3 posts
In any case, however, my demo account is still in good gain

I had similar problem also with other expert advisor

in same cases the same expert in two account on the same broker on the same vps

with the same settings give different results and I never had a reply for it from no one

uaehawx
Nov 26 2014 at 07:50
66 posts
jamesphuc (jamesphuc)
Nov 26 2014 at 07:59
88 posts
Hi all,

I noticed several complaints about different entry price (although same direction trade) of some users and vendor, which caused some accounts of users lose money, while vendor's account made profit of 16 pips on eurusd today.

Well, I wonder why WE DO NOT OPEN LIVE ACCOUNTS AT SAME BROKER: SYNERGY FX with the vendor to avoid these problems of slippage, different entry price, etc ?

Also, I noted that a member who has got account with IC Markets, which has identical trades with vendor's trades so far. So, HOW WAS IT GOING ON WITH YOUR IC MARKETS ACCOUNT TODAY? Did the ea make profits on IC MARKETS today, or lost?

We should not give any fast conclusion until we can find the correct reason for today's problem.

Hope that all of us can share ideas and trade results here for finding out the true reason.

Thanks

James

togr (togr)
Nov 26 2014 at 09:42
4862 posts
jamesphuc posted:
Hi all,

I noticed several complaints about different entry price (although same direction trade) of some users and vendor, which caused some accounts of users lose money, while vendor's account made profit of 16 pips on eurusd today.

Well, I wonder why WE DO NOT OPEN LIVE ACCOUNTS AT SAME BROKER: SYNERGY FX with the vendor to avoid these problems of slippage, different entry price, etc ?

Also, I noted that a member who has got account with IC Markets, which has identical trades with vendor's trades so far. So, HOW WAS IT GOING ON WITH YOUR IC MARKETS ACCOUNT TODAY? Did the ea make profits on IC MARKETS today, or lost?

We should not give any fast conclusion until we can find the correct reason for today's problem.

Hope that all of us can share ideas and trade results here for finding out the true reason.

Thanks

James


I will test it on Synergy live

namminh75 (namminh75)
Nov 26 2014 at 10:54
62 posts
paolos posted:
Also my demo account on Synergy (the same brokers of revpro myfxbook account) has the same problem

opened the trade at 17:00 @ 1.24191 and close today at 16:37 @ 1.24506 - 31 pips lost

it's quite strange that the real account opened 1 our later than all the other !

if there was a problem of slippage, this problem is the real account myfxbook which opened an hour later, and not all the other accounts




Hi fellow traders,


Actually we have to go into the system of our vendor and make an analysis about it.

First the system of our vendor called Revprotrader. Rev is the short form for reversal. The system only trades on a reversal point with the three given and fixed categories: 1) High Low,2) Stoch and 3) MA. When all these three mentioned categories match the same condition,e.g. short,short short or long long long, then position will be opened. The system therefore ignores on fake signal or high volatility of the market; so that means the markets can go up and down like they want but the system will not open any position,if the conditions are not matched.


So far so good. Now the question is: why positions for the same pairs on the same chart(1hour chart time frame) have been opened with different rates? By chance I was at home at that time and I set up in my MT4 email alerts. That means if positions are opened,then MT4 emailed me. As my position for E/U was opened at 1.241xx with the EA from our vendor,I was very eager to see how it was executed. So on my screen three categories were matched at that time…short short short. It was quite strange,for the market seems to be pulled up at that moment and the system gives the short signal. The categories short have appeared not so long,then it was disappeared again,while the eurusd pulled further up. Till the rate reaches the level of 1.243xx the system shows again the short short short categories on the screen.

Well at the time when my position was opened I went to the page of vendor at myfxbook.com and saw no trade was opened.
Vendor’s trade but was opened lately at the latest time at discussed above. Now the question is: why the position of our vendor was not executed at the same time like us and there are some possible reasons:

1) The differences of rates between brokers,therefore the EA also calculates differently.
2) The server traffics between brokers,some have large server traffic and some have very small.
3) The using of VPS and direct connection. That means if our MT4 at that time run through on deskstop and the positions have been executed might be different as the executed positions which have been run through VPS only due to the band width thereof etc.
I can only think of three reasons above. Maybe you have more ideas about.
Cheers
Minh

be humble,wise and thanks the Lord for every pip you get and try to keep it!
jamesphuc (jamesphuc)
Nov 26 2014 at 10:56
88 posts
Hi all,

Let me talk something unbiased as follows:

1. I monitored this ea for nearly 1 month, and so far, it triggered trades with good entry and get stopped loss promptly.

So, this live account of vendor can not be a fake account to prove fake results, because many times, it had floating losses of few thousand usd before market reversed to the ea's direction, and the ea could manage to close all trades for PROFITS or EVEN AT SMALLER LOSSES than before.

This is good point about this ea.

2. What I just wonder is why there were some problems like yesterday when vendor's account made 16 pips gain on EURUSD SELL, while other users had stop loss. Even Birth's account at Privatefx broker also had stop loss of around 31 pips, although so far, all trades of Birth's account has been VERY SIMILAR TO Vendor's account (Win / Win or Loss / Loss). Just a few pips different, which we can explain as SLIPPAGE or Broker's different price feed.

3. I highly think that the vendor should look and check the codes inside his EA, Latest version to fix any inner errors of the ea, and release the newest updated version to all his buyers asap.

4. There must be at least one or two buyers who should try to use vendor's ea on live account at Synergyfx to compare trades. By doing like this, everything will be clearer for us to comment.

HAVE A NICE DAY TO ALL !

James

FXtrader2010
Nov 26 2014 at 10:57
724 posts
No EA will ever be exactly the same as vendor account unless they trading your account through an EA which this is not that! ! ! ! Always test EA's on demo before going live!

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