REV Trader PRO REAL (de revtraderpro)
| Gain : | +3474.7% |
| Drawdown | 24.25% |
| Pips: | 3809.5 |
| Transactions | 938 |
| Gagné: |
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| Perdu: |
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| Type: | Réel |
| Levier: | 1:400 |
| Trading: | Automatisé |
Discussion REV Trader PRO REAL
forex_trader_149646
Membre depuis Sep 09, 2013
posts 471
Jan 29, 2015 at 15:35
douglasjstan posted:The EA can be in one of those losing cycles. No trading system makes all winners. Here is a backtest on EURUSD - https://www.myfxbook.com/community/strategies/revtraderpro-eurusd-cp/896278,1
I have run the EA in live account for 10 days and it made only 2 miserable trades with a profit of $1.07. I have followed the exact instruction on the manual - load the set files and modify the Order2Distance and Order3Distance as advised in the 'important update note' text file, it still does not trade. I have sent more than 1 emails to support to check if settings is correct and nobody reply. I have to say after 10 days of trial with 2 miserable trades and only $1.07 profit plus NO AFTERSALES SUPPORT, my decision to buy this EA is a bad one. So I have published my trading results for everyone to see and decide if you should buy. It will also serve as an evidence if the EA fails after 60 days, I can claim a full refund.
https://www.fxblue.com/users/67803/stats
Jan 29, 2015 at 15:49
douglasjstan posted:
I have run the EA in live account for 10 days and it made only 2 miserable trades with a profit of $1.07. I have followed the exact instruction on the manual - load the set files and modify the Order2Distance and Order3Distance as advised in the 'important update note' text file, it still does not trade. I have sent more than 1 emails to support to check if settings is correct and nobody reply. I have to say after 10 days of trial with 2 miserable trades and only $1.07 profit plus NO AFTERSALES SUPPORT, my decision to buy this EA is a bad one. So I have published my trading results for everyone to see and decide if you should buy. It will also serve as an evidence if the EA fails after 60 days, I can claim a full refund.
https://www.fxblue.com/users/67803/stats
Dear be patient, this is a good ea and require lot of patience. This ea don't trade every day. It looks for best opportunity, just wait little more. If you want fast results then change Stochastic level from 80 to 70 of all pairs.
Membre depuis Oct 11, 2014
posts 106
Jan 29, 2015 at 16:03
Anyone complaining about lack of trades.. this is what causes you to lose in trading. You want trades even when there is not a trade opportunity. Why force trades that aren't there? It's just going to result in losing money. The system trades when the strategy aligns. Be patient. It will have high volume periods of time and slow periods. Let it run.
Membre depuis Oct 11, 2014
posts 106
Jan 29, 2015 at 16:10
Yes be patient, i honor my refunds, i just need to get to the email
forex_trader_29148
Membre depuis Feb 11, 2011
posts 1916
Jan 29, 2015 at 17:30
why no backtests ....or all bt that i heard of were negatives
Membre depuis Dec 12, 2014
posts 11
Jan 29, 2015 at 18:17
Got my refund, thanks!
Membre depuis Apr 23, 2010
posts 12
Jan 29, 2015 at 20:05
If you install the EA properly, and you dont do business with doggy brokers, you will come back here with good report.
also If you dont have the virtue called Patience, you wont make the best use of this EA. It may not place a trade for a whole week! But once its does, the winning rate is extremely high.
Only one word: Patience, thatz all you need with this Machine.
also If you dont have the virtue called Patience, you wont make the best use of this EA. It may not place a trade for a whole week! But once its does, the winning rate is extremely high.
Only one word: Patience, thatz all you need with this Machine.
The Lord gives strength to the weak! Isa 40:28-31!
Membre depuis Feb 09, 2010
posts 226
Jan 29, 2015 at 22:11
rob559 posted:
why no backtests ....or all bt that i heard of were negatives
Why do you need a backtest when you have a forward test started a year ago with a real account?
Jan 29, 2015 at 22:11
revtraderpro posted:
Anyone complaining about lack of trades.. this is what causes you to lose in trading. You want trades even when there is not a trade opportunity. Why force trades that aren't there? It's just going to result in losing money. The system trades when the strategy aligns. Be patient. It will have high volume periods of time and slow periods. Let it run.
I may be out in left field here, lets see what others think (especially Doug).
RTP is programmed to trade small reversals that follow the 1H and 1D trend. If you look at the RSI(14) and the Full Stochastic (14/7/1) in the daily, weekly and monthly time frames you will see that a major trend change is imminent. That may explain the recent run of losses and the lack of trade opportunities since there is no trend right now. On the other hand, for the first little while that the robot was used back in 2013 and early 2014 there was no trend either and it did very well.
Any thoughts on this?
Membre depuis Jan 05, 2015
posts 145
Jan 29, 2015 at 22:12
revtraderpro posted:
Anyone complaining about lack of trades.. this is what causes you to lose in trading. You want trades even when there is not a trade opportunity. Why force trades that aren't there? It's just going to result in losing money. The system trades when the strategy aligns. Be patient. It will have high volume periods of time and slow periods. Let it run.
I agree 100%, I have seen this as the biggest reason for failure in trading (anything not just forex). Anyone forcing trades that indicators aren't there are simply gambling.
Membre depuis Feb 09, 2010
posts 226
Jan 29, 2015 at 22:12
MaythTrader posted:
Got my refund, thanks!
Why would you want a refund? Look at the performance on this thing.....
Membre depuis Apr 18, 2014
posts 30
Jan 29, 2015 at 22:14
Batcheler posted:LibertyHound posted:Why doesn't your chart say same thing?: https://www.myfxbook.com/members/LibertyHound/rev-trader-pro-bcc1/1139187Batcheler posted:LibertyHound posted:Thx. See you just got hooked-up. :) Best of luck, not liking sound of things for REV on 1:50 as some have found here on this discussion, hope you find otherwise, as fxcm would probably be it for me too if I bought REV. :OBatcheler posted:
Anyone here use REV on usa's fxcm 1:50?
Yes, My FXCM is now 1:50...
My account is big enough that i should not have margin issues using RTP.. But I was surprised when they changed me from 1:400 to 1:50.. But I am still making money and that is all that really matters.. :)
Its set on a later date?
My chart looks bad because this was the first week on that brand new account. Had a few trades this week but wound up down 5.9 pips for the week. I ran RTP on a different account first 3 weeks of Jan, I am using that account for manual trading now. My overall results for Jan 2015: I made 153.1pips, but this month has been very up and down. Add me to your watch list and follow my results..
RULES!!! RULES!!! RULES!!!!
Jan 29, 2015 at 23:30
LibertyHound posted:You bet I have, thank you!Batcheler posted:LibertyHound posted:Why doesn't your chart say same thing?: https://www.myfxbook.com/members/LibertyHound/rev-trader-pro-bcc1/1139187Batcheler posted:LibertyHound posted:Thx. See you just got hooked-up. :) Best of luck, not liking sound of things for REV on 1:50 as some have found here on this discussion, hope you find otherwise, as fxcm would probably be it for me too if I bought REV. :OBatcheler posted:
Anyone here use REV on usa's fxcm 1:50?
Yes, My FXCM is now 1:50...
My account is big enough that i should not have margin issues using RTP.. But I was surprised when they changed me from 1:400 to 1:50.. But I am still making money and that is all that really matters.. :)
Its set on a later date?
My chart looks bad because this was the first week on that brand new account. Had a few trades this week but wound up down 5.9 pips for the week. I ran RTP on a different account first 3 weeks of Jan, I am using that account for manual trading now. My overall results for Jan 2015: I made 153.1pips, but this month has been very up and down. Add me to your watch list and follow my results..
don't believe 99.9% of the EA e-ads out there my friends!
Membre depuis Aug 14, 2012
posts 32
Jan 30, 2015 at 08:20
xegony posted:I am using 3 max trades setting, which I found the results almost same with the author so far. How is your trade so far? Does it match to the author one?archangelsky posted:xegony posted:It might be the broker data feeds again, which broker are you using?
got EURUSD and GBPUSD orders opened, none of them is closed, but doug's account has 3 trades already closed
hi, archangelsky
i am trading on LMAX. do you use the default (1 max trade) or 3 max trades setting?
When it comes to trading, only the persistent survive.
Membre depuis Jan 29, 2015
posts 13
Jan 30, 2015 at 15:02
bigtraderapp posted:revtraderpro posted:
Anyone complaining about lack of trades.. this is what causes you to lose in trading. You want trades even when there is not a trade opportunity. Why force trades that aren't there? It's just going to result in losing money. The system trades when the strategy aligns. Be patient. It will have high volume periods of time and slow periods. Let it run.
I agree 100%, I have seen this as the biggest reason for failure in trading (anything not just forex). Anyone forcing trades that indicators aren't there are simply gambling.
Doug@RevTraderPro, you miss my point. I am not complaining about lack of trades but NO AFTERSALES SUPPORT. I have sent email to ask for advice if my setting is wrong and there is no reply. Am I supposed to assume that setting is correct and let it runs for the next 50 days or so only to discover that is my fault for remaining patience ? Seriously, you need to do something about support. I hate to rant the frustration here but looks to me that it works - I got a reply right after I posted here. Nevertheless, to do you justice, I will set risk level to 4%-5% as you suggest. I will also top up fund and let the EA runs for the remaining 49 days. My URL has the published results. I am still hopeful that my decision to purchase RTP is a right one. Thanks for replying to my email.
forex_trader_149152
Membre depuis Sep 06, 2013
posts 26
Jan 30, 2015 at 15:04
(édité Jan 30, 2015 at 15:29)
archangelsky posted:I was using default 1 trade settings. just have them adjusted. no trade has been placed so far. will compare to the author once it starts tradingxegony posted:I am using 3 max trades setting, which I found the results almost same with the author so far. How is your trade so far? Does it match to the author one?archangelsky posted:xegony posted:It might be the broker data feeds again, which broker are you using?
got EURUSD and GBPUSD orders opened, none of them is closed, but doug's account has 3 trades already closed
hi, archangelsky
i am trading on LMAX. do you use the default (1 max trade) or 3 max trades setting?
Jan 30, 2015 at 15:57
Genrich posted:Will you be doing all 4 pairs? If so attach them all at once? How 'bout 2yrs for each?rob559 posted:
why no backtests ....or all bt that i heard of were negatives
Here's BT of AUDUSD for 2014 year.
Well, just a 'hmmm', no biggee otherwise. Thx for this one in meantime! :)
don't believe 99.9% of the EA e-ads out there my friends!
forex_trader_149646
Membre depuis Sep 09, 2013
posts 471
Jan 30, 2015 at 16:53
Here is a backtest on EURUSD for last 2 full years - https://www.myfxbook.com/strategies/revtraderpro-eurusd-cp/76349 - If you decide to show your backtest, please upload the backtest to the strategies section on this site for others to compare. Showing just an image doesn't help much.
