RevEnginePro 20 Pairs Omówić

Using the same Logic and Indicator from the Infamous RevTraderPro.
Running on all currency pairs with the standard EURUSD setfile with 90 pip Stoploss
Backtest - https://www.myfxbook.com/strategies/revenginepro-eurusd-std-setfile/76355

In respect to Gold Trades, I needed to add 10x values because gold points aren't hardcoded yet, but will be in the next update.

If the strategy is good, I shouldn't have to optimize setfiles for every currency. I'm glad to hear your opinion on that matter.

One of the differences is a new feature that uses a Basket Breakeven when the second trade is entered.
EURCAD had a breakeven + 5 pips basket from 2 trades being opened. Read more here - https://redrhinofx.com/revenginepro/

RevEnginePro is trading all currency pairs on H1 TF. Results were good til now. A lot of trades are open and the winning trades are not getting enough pips to cover the losing trades. I will have to learn from this and make an update. I am also using a setfile from RTP EURUSD which means other pairs do need optimization if we want to see the full potential.

As I mentioned in the first post, ' If the strategy is good I shouldn't have to optimize setfiles for each currency pair' that doesn't seam to be the case. I believe focusing on changing the logic would be more beneficial than optimization.

EURNZD trades were cut short with 20-30 pips while having potential of 413 pips. Maybe a small setting change in the trailingstop or turning off the trailing all together would result in higher pips per trade.

RedRhino posted:
Results were good til now.

The system pulled through nicely and made some profits.

I am sharing a backtestable version of RevEnginePro for free here, these are my reasons - https://redrhinofx.com/backtesting-revtraderpro/ ENJOY.

Don't forget to share your results and setfiles.

RedRhino posted:
I am sharing a backtestable version of RevEnginePro for free here, these are my reasons - https://redrhinofx.com/backtesting-revtraderpro/ ENJOY.

Don't forget to share your results and setfiles.

Looks interesting I will let you know how I go. Can you confirm I could run these backtests on the weekend with markets closed? thanks.

Yes you can. You will need the data first then you can backtest offline. I would recommend downloading the M1 ONLY data than use the PeriodConverter script to generate the other Timeframes 5, 15, 30, 60, 240, 1440.

I changed my setfiles from the standard RTP EURUSD to an optimized version here - https://www.myfxbook.com/strategies/revenginepro-eurusd-5-year/76660 - I've realized how to extract more pips to boost the RR factor because I was disappointed to see a good entry and only capture 20 pips when the trade had potential of several hundred.

I've also changed the HighLow indicator for optimization purposes.

Sounds great Frank look forward to back testing this weekend cheers.

RTP issued 2.6v with new setfile, can anyone confirm if setting are from my opt setfile or if any new features were added. I can make changes on request.

Shorts on NZDUSD and AUDUSD along with NZDJPY .
USDCAD looking for a move up.

USDJPY , GBPJPY and GBPUSD Shorts. A lot of signals today.

I hear RTp 2.6 didn't fire because of errors and another update is out. Why the updates if the system is already profitable?

Systematic trading systems need to be left alone unless you actually need an update based on improvements backed by facts, not emotions. I'd request a deep analysis with backtest comparisons of the late 5 updates from 2.2 to 2.7 from the last 1 year to see if these updates are actually beneficial.

RevEnginePro is pulling pips out of the market...https://redrhinofx.com/revenginepro/

+6.96% (+5.86%) - Today.
I recoded the entire system and added a SaveResources function that keeps CPU to minimal levels since its running on 20 pairs. With further testing I can possible reduce CPU usage even less. I've noticed MT4 build 700+ eats more CPU then 600+ builds.

RevTraderPro is struggling..



While RevEnginePro continues to make profit. Even if I do a custom analysis of the 4 supported currency pairs from RTP , REP still beats it. RevEnginePro is a better system.

hi what's wrong yesterdays's gbpusd pairs,i saw your myfxbook open and close it and go on open and close it in 0s or 1s...many times

I am sure. It was at 13:00 and all trades opened and closed within about 1 second. I don't understand how it could have happened because I have a function that checks the last closed trade time and ensures the next trade waits 60 seconds from the last closed time. I reverted back to an older build of MT4 pre 700 maybe there is a bug in older mt4 . . I reloaded the EA and setfile.

RedRhino posted:
I am sure. It was at 13:00 and all trades opened and closed within about 1 second. I don't understand how it could have happened because I have a function that checks the last closed trade time and ensures the next trade waits 60 seconds from the last closed price. I reverted back to an older build of MT4 pre 700. . I reloaded the EA and setfile.

Annoying when you can't work out what the bug is, good luck in working it out:)

RedRhino posted:
+6.96% (+5.86%) - Today.
I recoded the entire system and added a SaveResources function that keeps CPU to minimal levels since its running on 20 pairs. With further testing I can possible reduce CPU usage even less. I've noticed MT4 build 700+ eats more CPU then 600+ builds.

Thanks @aeronthomas , I may revert back to the my last version of RevEnginePro because I never had issues. Its difficult to sort it out when I changed the EA code and changed the MT4 versions. I can't replicate the error in backtests either.

Good trade!