REV Trader PRO REAL Diskusia

So pretty good start this week as trades were opened earlier today on AUD,NZL and EUR, about a +3% gain with the NZL trade take profit hit. Not so great on the EUR but not bad overall. Also, the new update has sized the trades a little better. With 5%MM a $1700 account opens trades at 8k units. To me this is reasonbably sized, even if you have 3-4 trades opened simultaneosly. Now I'm not sure if this will return the big whopper gains that REV Trader was getting for this year, but this may alleviate the 50% DD that it recently experienced late last month. In 20+ days or so I'll have have to really evaluate the gains from this modification. I may also go higher than 5% MM.

The other thing before the revision I was hoping was addressed by the EA again concerned position sizing. When the EA took a big loss, it affected trades that were made. Why? Because if your margin was drawn down, new trades could not be opened . Example with my $2000 test account when the DD took equity near $1000, EUR and GBP trades could not be opened, since not enough margin was available. The EA should have either sized the positions so that all 4 pairs could be traded even with DD, or stoped out the losing positions so that new trades would not be missed. Again, this could affect backtests because those with larger acounts who had enough equity would have been able to open all initiated by REV trader. The smaller accounts would not have seen these trades in their backtest. Just a thought, but that's why the money mangement is so important in the whole strategy.

FXtrader2010 posted:

mashahid posted:
Find attached back test of 2014 for EURUSD,AUDSUD and NZDUSD. I don't know why I am not getting same results as owner live test. Can anyone else run back test and upload to verify If something wrong with my tests. I ran these tests with new settings release on 15,october,2015

What is your modeling quality? Probably less than 99%?

Modeling Quality is 90%, is it acceptable ?

ramosxp posted:
So pretty good start this week as trades were opened earlier today on AUD,NZL and EUR, about a +3% gain with the NZL trade take profit hit. Not so great on the EUR but not bad overall. Also, the new update has sized the trades a little better. With 5%MM a $1700 account opens trades at 8k units. To me this is reasonbably sized, even if you have 3-4 trades opened simultaneosly. Now I'm not sure if this will return the big whopper gains that REV Trader was getting for this year, but this may alleviate the 50% DD that it recently experienced late last month. In 20+ days or so I'll have have to really evaluate the gains from this modification. I may also go higher than 5% MM.

The other thing before the revision I was hoping was addressed by the EA again concerned position sizing. When the EA took a big loss, it affected trades that were made. Why? Because if your margin was drawn down, new trades could not be opened . Example with my $2000 test account when the DD took equity near $1000, EUR and GBP trades could not be opened, since not enough margin was available. The EA should have either sized the positions so that all 4 pairs could be traded even with DD, or stoped out the losing positions so that new trades would not be missed. Again, this could affect backtests because those with larger acounts who had enough equity would have been able to open all initiated by REV trader. The smaller accounts would not have seen these trades in their backtest. Just a thought, but that's why the money mangement is so important in the whole strategy.

It did not open any trade today with default new settings. Did you change the setting or disabled some filters.

mashahid posted:
It did not open any trade today with default new settings. Did you change the setting or disabled some filters.

All I changed was MM to 5% and used 15min chart instead of 1HR , where 3 trades of about 8k units were opened on AUD, EUR and NZL AUD and NZL were profitable with take profit on NZL was hit. EUR was down a small amount but now up a little because the trade was Short.
I'm glad these trades were triggered because it looks like they'll all be winners. About a 6.7% gain for the day, with much safer sized positions. Nicely done. They were opened very early this morning. The AUD TP was not hit but it looks like the stops were moved up past break even, where it made lik $20 bucks.

mashahid posted:

It did not open any trade today with default new settings. Did you change the setting or disabled some filters.

It doesn't appear that trades were open on developers side as well, just going by the MyFxbook log. Again I changed MM to 5% from 3% and 1HR to 15 min chart, wonder if that had something to do with it. We'll have to find out why this is the case.

ramosxp posted:

mashahid posted:

It did not open any trade today with default new settings. Did you change the setting or disabled some filters.

It doesn't appear that trades were open on developers side as well, just going by the MyFxbook log. Again I changed MM to 5% from 3% and 1HR to 15 min chart, wonder if that had something to do with it. We'll have to find out why this is the case.

No trades for me this week yet on REV. Cheers

ramosxp posted:

mashahid posted:

It did not open any trade today with default new settings. Did you change the setting or disabled some filters.

It doesn't appear that trades were open on developers side as well, just going by the MyFxbook log. Again I changed MM to 5% from 3% and 1HR to 15 min chart, wonder if that had something to do with it. We'll have to find out why this is the case.

Is 15min TF recommended by the developer?

mashahid posted:
Find attached back test of 2014 for EURUSD,AUDSUD and NZDUSD. I don't know why I am not getting same results as owner live test. Can anyone else run back test and upload to verify If something wrong with my tests. I ran these tests with new settings release on 15,october,2015

Maybe because from the beginning till now. The vendor has updated the EA for many times. The newest version is 2.4. So the EA now maybe has a great change compare to the first version.

Hello guys!

Would someone be so kind and explain how come that the differences are so big between these two outcomes of testing?

https://www.forexgermany.de/ressources/metatrader-strategy-tester/backtesting-fx-bringer-EURJPY-2009-2014-3pips-conservative.htm

https://www.myfxbook.com/strategies/fxbringer-eurjpy-conservative/69660

The latter is for only the two last years, but still.

Thanks for your help! BR

ramosxp posted:

mashahid posted:

It did not open any trade today with default new settings. Did you change the setting or disabled some filters.

It doesn't appear that trades were open on developers side as well, just going by the MyFxbook log. Again I changed MM to 5% from 3% and 1HR to 15 min chart, wonder if that had something to do with it. We'll have to find out why this is the case.

?

Do you have any trades today using 15min TF?

SVEEUK1 posted:
Hello guys!

Would someone be so kind and explain how come that the differences are so big between these two outcomes of testing?

https://www.forexgermany.de/ressources/metatrader-strategy-tester/backtesting-fx-bringer-EURJPY-2009-2014-3pips-conservative.htm

https://www.myfxbook.com/strategies/fxbringer-eurjpy-conservative/69660

The latter is for only the two last years, but still.

Thanks for your help! BR

This is REV trader not FX Bringer!

Will look to bump up my risk % in the coming months !

This EA should seriously be called FX Sniper, wow it is nailing these entries !

jsintl posted:

ramosxp posted:

mashahid posted:

It did not open any trade today with default new settings. Did you change the setting or disabled some filters.

It doesn't appear that trades were open on developers side as well, just going by the MyFxbook log. Again I changed MM to 5% from 3% and 1HR to 15 min chart, wonder if that had something to do with it. We'll have to find out why this is the case.

Is 15min TF recommended by the developer?

I checked with the vendor he said this EA is designed for TF H1 however you can use it on any time frame on your own risk and tests. We can use on any time frame even M1 and it will open many positions but more risky.

I highly recommend to do back test on any time frame before using on live else it will hit you badly.

Although really for my own benefit, I did some work on this. If anyone finds it useful, that's all good!

twathochties posted:
Although really for my own benefit, I did some work on this. If anyone finds it useful, that's all good!

Very good article. Thank you man!

HI Guys
today 4/11 i had a problem I was able to open only one trade AUD/USD sell 0.8737, rest 3 i missed. 2 NZD/USD and 1 AUD/USD
could you please help me found out why?
my account is 1,5k and I have MM 5% so it opened only 0,05 lot.
I have default setting

thank you for your help

Hi Guys

Can you help me pls, on 4/11 and 5/11 i missed 7 trades together and it doesnt look like slippage
I have 1,5k account and i havent changed settings.
Can you please tell me what could be a problem?
Thank you

voda8 posted:
Hi Guys

Can you help me pls, on 4/11 and 5/11 i missed 7 trades together and it doesnt look like slippage
I have 1,5k account and i havent changed settings.
Can you please tell me what could be a problem?
Thank you

Just have to wait for the next one!

FXtrader2010 posted:

voda8 posted:
Hi Guys

Can you help me pls, on 4/11 and 5/11 i missed 7 trades together and it doesnt look like slippage
I have 1,5k account and i havent changed settings.
Can you please tell me what could be a problem?
Thank you

Just have to wait for the next one!

Yeah i can say i will wait for anither if i miss 1 trade from 8 but i missed 7 from 8 and i dont think its normal and I have probably have some issue with the system