RevEnginePro 20 Pairs讨论

I just increased the slippage setting to 30 points ( 3 pips) on all pairs. Maybe the AUDCAD Long will close out today and we can see if it made a difference. Stay Tuned.

How is RevEnginePro performing in the last 30 days?
 251 Trades
Monthly: 48.53%
Drawdown: 21.75%
2369.9 pips
Profit Factor: 3.13
Pip Expectancy: 9.4 Pips

Best performing Pairs EURAUD and EURNZD including EURUSD. Why? All pairs trading the Optimized EURUSD setfile that I made.
Worst performing pairs? GBPUSD, GBPCHF

Learn more here - https://redrhinofx.com/revenginepro/

The increase to the slippage setting fixed to prevent the partial orders.

RedRhinoLab posted:
The increase to the slippage setting fixed to prevent the partial orders.

That's interesting indeed..it means actually that the broker has a lot of slippage, hence I wouldn touch them..

@ForexPro , This is a demo account which normally have 0 slippage. The fact that fxopen ecn demo accounts have slippage is a good thing because it gives us realistic trading conditions. If you don't experience slippage +/- on a Real account I wouldn't use that broker because they are b-booking your orders ( market maker). Dealing with slippage is real life scenario on ECN.

97.2 pips today. Mostly from EUR pairs.

Special request to trouble shooting for RevEnginePro - https://redrhinofx.com/revenginepro-setup-tip/

I'll be adding a money module / risk per trade parameter to the next update. Normally , I would use the Stoploss value and the account equity to determine the lotsize. For example, 10,000 equity with 200 stoploss with 1 Percent risk would be a lotsize of 0.05

10000 Equity
Risk 1 % = $100
Stoploss 200
Lotsize 0.05 ( $0.50 per pip )
200 pips at $0.50 = $100 at risk.

Is this what you want? Or are there any objections?

RedRhino posted:
I'll be adding a money module / risk per trade parameter to the next update. Normally , I would use the Stoploss value and the account equity to determine the lotsize. For example, 10,000 equity with 200 stoploss with 1 Percent risk would be a lotsize of 0.05

10000 Equity
Risk 1 % = $100
Stoploss 200
Lotsize 0.05 ( $0.50 per pip )
200 pips at $0.50 = $100 at risk.

Is this what you want? Or are there any objections?

This auto lot size management is exactly what is missing in the current version.

Another great addition to this EA would be the ability for the EA to automatically close positions that are in profit before the close of the market on Friday and minimizing the risk from market opening price gaps on Sunday/Monday. Plus, a feature to prevent any more trades before X amount of hour before Friday close.


Great work BTW.

wow man you are doing an excellent work😄

Hey Frank,

how do you use the MACD to improve the Signals?

Good job so far!

@Atlantea - Great idea, should we close out the order, or would locking in profits with the Trailing Stoploss be sufficient. We currently have 42 pips locked in on AUDCHF going into the weekend. With a Broker submitted Stoploss locking in profits we should be ok from any market gap. If the market gapped against this order, the broker should respect our Stoploss but then again CHF opened our eyes wider of what we can expect trading forex even with stoplosses.

@Atlantea Prevent new orders after London close on Friday be sufficient or just a few hours before market close?

@rob559 Thanks. I appreciate the kindness.

I also have another suggested feature in the works! Thanks again for all the suggestions!

silbert posted:
Hey Frank,

how do you use the MACD to improve the Signals?

Good job so far!

 I don't use MACD indicator, but use Moving Average for trend detection and to calculate divergence for signal change similar to MACD. You can learn more here about the logic - https://redrhinofx.com/revenginepro/

I dont understand the MACD Filter? Doesn't it take out some good trades?

If the market is ranging, you can turn off the MA Filter to engage more signals.

Do you still offer a Version for Backtests? I would be interested!

silbert posted:
Do you still offer a Version for Backtests? I would be interested!

I am also interested in backtest or only demo version (latest).

Any comments about the latest GU trade on the live account? It closed for -275 pips!

swefx posted:

silbert posted:
Do you still offer a Version for Backtests? I would be interested!

I am also interested in backtest or only demo version (latest).

Any comments about the latest GU trade on the live account? It closed for -275 pips!

gu -270 pips
and gu -166 on real account today.

but vendor's myfxbook not close yet?https://www.myfxbook.com/members/RedRhinoLab/revenginepro-majors-real/1165571

my gu auto close and open a sell gu........

RedRhino posted:
@Atlantea - Great idea, should we close out the order, or would locking in profits with the Trailing Stoploss be sufficient. We currently have 42 pips locked in on AUDCHF going into the weekend. With a Broker submitted Stoploss locking in profits we should be ok from any market gap. If the market gapped against this order, the broker should respect our Stoploss but then again CHF opened our eyes wider of what we can expect trading forex even with stoplosses.

@Atlantea Prevent new orders after London close on Friday be sufficient or just a few hours before market close?

@rob559 Thanks. I appreciate the kindness.

I also have another suggested feature in the works! Thanks again for all the suggestions!

Regarding the question whether to close out open orders or locking in profits with Trailing Stoploss just before market close on Friday is a hard one to answer. I wonder what protection the RevTraderPro uses and if we should use the same strategy.

Also, I think preventing new orders after London close is safer.