REV Trader PRO REAL (By revtraderpro)

Pieaugums +3474.7%
Kritums (Drawdown) 24.25%
Pipi: 3809.5
Darījumi 938
Uzvaras
Zaudēt
Tips Reāls
Kredīta plecs: 1:400
Tirdzniecība Automatizētā

Diskusija

Oct 12, 2014 at 15:20
61,627 Views
1,733 Replies
Jan 14, 2015 at 09:38
NikX posted:
bobby2001hk posted:
hey guys~
what MM % you all use? any suggestion?

use manual lots as MM can be inconsistent with larger account sizes, work out how much you are prepared to lose on any trade and work backwards.

GBP/USD has a SL of 55 pips if you are running 3 trades your potential loss is 165pips so if you are running a $5000 account and are prepared to lose 10% ($500) 500/165= $3 per pip

Guys please learn some of this stuff as auto trading still incorporates the basics

My first lesson was money management and is usually the first topic on ant forex course.

Why I also prefer to use fixed lots is if you have a good EA or system you actually recover any losses faster since your lot size has not been reduced by smaller equity available. More control with fixed lots... just make sure you calculate accordingly when using EA's that open multiple lots when in a trade.
Jan 14, 2015 at 09:38
Batcheler posted:
markdoc1 posted:
Hi I was wondering if anyone was currently using fxchoice with this system?
cheers.
And I'd like to know if anyone using FXCM. :)

FXCM only offers 50 to 1 leverage, not enough for me...sorry.
Biedrs kopš   31 ieraksti
Jan 14, 2015 at 09:40
namminh75 posted:
VPS? You can use the VPS services from vendor recommend. I use it too. My recommendation is that to chose the server which is located in NYC and.

Choice of data center location depends primarily on the location of the broker's server. NYC is good for IC Markets, Global Prime however not really for Synergy or FxPro etc.
Biedrs kopš   7 ieraksti
Jan 14, 2015 at 09:49
NikX posted:
bobby2001hk posted:
hey guys~
what MM % you all use? any suggestion?

use manual lots as MM can be inconsistent with larger account sizes, work out how much you are prepared to lose on any trade and work backwards.

GBP/USD has a SL of 55 pips if you are running 3 trades your potential loss is 165pips so if you are running a $5000 account and are prepared to lose 10% ($500) 500/165= $3 per pip

Guys please learn some of this stuff as auto trading still incorporates the basics

My first lesson was money management and is usually the first topic on ant forex course.

thank you!!!
My account is very small, only 3000USD. I set the MM off, and use 0.15lot/trade
it is about 5% risk. When the account balance grow up. I may reduce the risk slowly.
Just want to see others lot size 😁
Biedrs kopš   35 ieraksti
Jan 14, 2015 at 10:45 (labots Jan 14, 2015 at 10:46)
VPS...VPS... eh eheheheh

I'm using Windows VPS on AMAZON.com ...very very cheap...nearly for free for first year...

You can find tutorial in the web how to reserve one and to choose server's the location in every continent of the World.
Biedrs kopš   4 ieraksti
Jan 14, 2015 at 11:13 (labots Jan 14, 2015 at 11:14)
I've run some tick backtest on revtraderpro and results are very bad apart from the last few years. Be careful. P.S Control point method gives different results so can't be counted.
Biedrs kopš   226 ieraksti
Jan 14, 2015 at 11:27
zek132 posted:
I've run some tick backtest on revtraderpro and results are very bad apart from the last few years. Be careful. P.S Control point method gives different results so can't be counted.

What happens when you run again for a lower TP and SL?
Biedrs kopš   12 ieraksti
Jan 14, 2015 at 12:29
Genrich posted:
namminh75 posted:
VPS? You can use the VPS services from vendor recommend. I use it too. My recommendation is that to chose the server which is located in NYC and.

Choice of data center location depends primarily on the location of the broker's server. NYC is good for IC Markets, Global Prime however not really for Synergy or FxPro etc.

I think for this EA will work almost any broker, it's no scalping EA...
The best way to avoid overtrading is to realise that playing the forex markets is a marathon, rather than a sprint.
Biedrs kopš   200 ieraksti
Jan 14, 2015 at 12:38
zek132 posted:
I've run some tick backtest on revtraderpro and results are very bad apart from the last few years. Be careful. P.S Control point method gives different results so can't be counted.
hi Zek,
Care to try optimizing runs on 1-2 year sections out of the past then 'walk forward' test to see if this 'does the trick'.. Doug says this should do it.
don't believe 99.9% of the EA e-ads out there my friends!
Biedrs kopš   226 ieraksti
Jan 14, 2015 at 21:55
Since we are talking about brokers and all on here. I have just witnessed in a demo account with FinFX that one of my trades hit stop loss but when I look at the bar that was meant to have hit the stop loss - it didn't go up that far and the high of that bar is less than my stop loss.....? What dirty thieves! 10 mins later and I would have hit my TP. BEWARE OF FINFX.
Biedrs kopš   147 ieraksti
Jan 14, 2015 at 22:29
@fxtrader10: While we're on that, I saw similar T/P shenanigans over at IamFX.com
where my beautiful Sell NZD/USD punched thru my T/P level by at least 5 pips, yet
the order was not closed, and wound up rebounding into a Loss!

That's the problem with variable spreads - very convenient for IamFX to have a
large spread at that time. Just sayin'...

Ever since then, I adjust my T/P's no matter what the Support/Resistance levels
say where the order 'should' bounce off.

-D
==================================================
Waant aal, lose aal, man...
HedgeFXGold
forex_trader_79347
Biedrs kopš   35 ieraksti
Jan 15, 2015 at 07:35
MT4 has a good VPS service right through the tradestation. I pay $10 per month. Right click account name in Navigator tab click 'register virtual server'
Biedrs kopš   30 ieraksti
Jan 15, 2015 at 09:04
bigtraderapp posted:
Batcheler posted:
markdoc1 posted:
Hi I was wondering if anyone was currently using fxchoice with this system?
cheers.
And I'd like to know if anyone using FXCM. :)

FXCM only offers 50 to 1 leverage, not enough for me...sorry.

My FXCM account is hosted overseas, I get 1:400... It is just great how much living in the USA restricts FOREX traders...
RULES!!! RULES!!! RULES!!!!
Biedrs kopš   161 ieraksti
Jan 15, 2015 at 09:39
bobby2001hk posted:
NikX posted:
bobby2001hk posted:
hey guys~
what MM % you all use? any suggestion?

use manual lots as MM can be inconsistent with larger account sizes, work out how much you are prepared to lose on any trade and work backwards.

GBP/USD has a SL of 55 pips if you are running 3 trades your potential loss is 165pips so if you are running a $5000 account and are prepared to lose 10% ($500) 500/165= $3 per pip

Guys please learn some of this stuff as auto trading still incorporates the basics

My first lesson was money management and is usually the first topic on ant forex course.

thank you!!!
My account is very small, only 3000USD. I set the MM off, and use 0.15lot/trade
it is about 5% risk. When the account balance grow up. I may reduce the risk slowly.
Just want to see others lot size 😁

no problem, just remember each pair has a different SL so must be calculated differently!! :)
Biedrs kopš   10 ieraksti
Jan 15, 2015 at 11:20
HedgeFXGold posted:
MT4 has a good VPS service right through the tradestation. I pay $10 per month. Right click account name in Navigator tab click 'register virtual server'

Hi,

Could you provide with some more info about it? Thanks
Biedrs kopš   226 ieraksti
Jan 15, 2015 at 11:28 (labots Jan 15, 2015 at 11:37)
It feels like we could be in for another week like last.....AUDUSD going belly up.....three sell trades open all in losses....what way do you guys think it will it go?

Been a bumpy ride these last two weeks with this EA both times because of news annoucements.

Biedrs kopš   16 ieraksti
Jan 15, 2015 at 13:23
fxtrader10 posted:
It feels like we could be in for another week like last.....AUDUSD going belly up.....three sell trades open all in losses....what way do you guys think it will it go?

Been a bumpy ride these last two weeks with this EA both times because of news annoucements.

I think we're all just holding our breath!
Mine opened 1 minute before that MASSIVE rise! 1 minute........
Better to ask stupid questions than to make stupid mistakes...
Biedrs kopš   16 ieraksti
Jan 15, 2015 at 13:23
No news is good news for this EA.....
Better to ask stupid questions than to make stupid mistakes...
Biedrs kopš   11 ieraksti
Jan 15, 2015 at 13:24
Anyone else not get any of the current AUDUSD trades? I'm on FXCM.
gftcfd
forex_trader_8565
Biedrs kopš   106 ieraksti
Jan 15, 2015 at 13:44
MaythTrader posted:
Anyone else not get any of the current AUDUSD trades? I'm on FXCM.

1 sell position on AUDUSD so far.
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