RedRhino's Posts - Page 14

RevEnginePro 20 Pairs in Trading Systems Jan 30, 2015 at 04:15

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

RevTraderPro EURUSD CP in Strategies Jan 30, 2015 at 04:01

RevTraderPro is very difficult to backtest because of the license software or how the EA was made. This Backtest was using Control Points (CP). The good news is that I learned the system and rebuilt the system therefore I can backtest much faster now. - http://www.myfxbook.com/community/strategies/revenginepro-eurusd-std-setfile/896281,1

REV Trader PRO REAL in Trading Systems Jan 29, 2015 at 15:35

The EA can be in one of those losing cycles. No trading system makes all winners. Here is a backtest on EURUSD - http://www.myfxbook.com/community/strategies/revtraderpro-eurusd-cp/896278,1

RevTraderPro EURUSD CP in Strategies Jan 29, 2015 at 15:32

Control points backtest. Results are good and steady. Check out my version here - http://www.myfxbook.com/strategies/revenginepro-eurusd-std-setfile/76355

RevEnginePro EURUSD Std Setfile in Strategies Jan 29, 2015 at 15:28

RevEnginePro http://www.myfxbook.com/strategies/revenginepro-eurusd-std-setfile/76355RevTradrerPro http://www.myfxbook.com/strategies/revtraderpro-eurusd-cp/76349The variation in results are mostly from how the RTP uses the Grid feature. Their grid function is not consistent with the values you insert within the EA parameters. http://www.myfxbook.com/community/trading-systems/rev-trader-pro-real/836868,110#?pt=2&p=109&ts=1094&o=836868 - If you enter 35 pips for the grid distance, orders still open before the 35 pip limit. REP uses only 1 grid setting and it checks the OrderOpenPric...

Caesars Armor (stopped) in Trading Systems Jan 29, 2015 at 14:59

Caesar's Armor reached 17 trades in basket before reaching Equity Goal that initiates a Close All function. All trades closed within 1 minute and 1-2 pips of price deviation.

REV Trader PRO REAL in Trading Systems Jan 29, 2015 at 10:17

I am still having a hard time understanding the consistency of the Order Grid distance too. With a 35 pip grid the 3rd trade can still enter before reaching 35 pips as shown here http://www.myfxbook.com/files/RedRhino/RevTraderPro_Grid_Order3Distance_Error.png . edit. I wasn't using latest. now its correct.

REV Trader PRO REAL in Trading Systems Jan 29, 2015 at 09:44

http://www.myfxbook.com/files/RedRhino/RevTraderPro_Grid_Order2Distance_Error_He.pnghttp://www.myfxbook.com/files/RedRhino/RevTraderPro_Grid_Order2Distance_Error_EURUSD.pngThis image is from ReV myfxbook real trades and you can see that the second eurusd trade opens before the 35 order spacing. I found an error in the Order2Distance Order3Distance when backtesting. The Order3Distance controls the second order distance. On EURUSD the second order should open at a distance of 35 pips but it opens after 10 pips ( Order3Distance ).Order2Distance = 35 pipsOrder3Distance = 10 pips

BlueMonkey Real Money Live Test == Started Oct 2014 in Trading Systems Jan 29, 2015 at 04:55

Addon Ban is using "H1 trend, (EMA 3)" So you can use H1 for the TF and use MA 3. If you're watching his account. Nice results by the way!!!

BlueMonkey Real Money Live Test == Started Oct 2014 in Trading Systems Jan 29, 2015 at 04:50

With any system with a grid or variable lots as part of the armory you will need to limit the trading entry to survive long term, therefore, Aggressive M1 and Conservative H4-Daily! I'm using M30 with MA 250 because I like what I see on the chart, the downward trend of EURUSD is below the MA. http://www.myfxbook.com/files/RedRhino/eurusdm30RRFX.pngYou can pick any timeframe and any MA, I like to follow the larger trend, so I adjusted the TF and MA to fit my need. I hope that makes sense. If not, ask some more questions.

BlueMonkey Real Money Live Test == Started Oct 2014 in Trading Systems Jan 28, 2015 at 12:37

Exactly!! BM wins because of the grid order management and the variable lots. I've also built another way to manage your trades with Caesars Armor(another grid only, with fixed lots). - http://redrhinofx.com/caesars-armor/ - By using tools to manage our open trades we can focus on the initial entry and fine tune them for a long term profitable trading system without crashing in between tests. The RevTrader system has a good entry and that is worth looking into next!

Caesars Armor (stopped) in Trading Systems Jan 28, 2015 at 12:22

Core Grid Element with 1% basket goal and 33% max equity drawdown inspired by Caesar himself. I am currently using a very simple Trend following logic for the initial entry and the Caesar's Armor EA manages the trades. The Trend Following EA will always run 24/7 while the Caesar's Armor will only trade once a day to meet the goal requirement. Testing the Core Grid Element is complete and now moving into more complex logics for the initial entryLearn more http://redrhinofx.com/caesars-armor/

GC-Hero in Trading Systems Jan 28, 2015 at 10:53

Did your Equity protection work correctly? On Simpletrader it states a 30% max drawdown but the myfxbook drawdown is 38%, Is this 8% from slippage or does your equity protection allow a breach of 30% dd then look to exit the basket at a 30% loss?

BEST EXPERT ADVISOR IN THE MARKET TODY in General Jan 28, 2015 at 09:55

Some of the best systems are often through signal service and managed accounts since selling the source code without annual subscriptions would prevent reason to optimize the system to maintain success in the longterm. By providing a service, it creates an incentive for the developer to maintain and optimize the trading system. Also what works today doesn't indicate that it will work tomorrow with systematic trading systems. It is best to learn from the successful systems today and use their ingredients to profit in the future and by understanding how it works, you will understand why it ...

AmaxPRO in Trading Systems Jan 28, 2015 at 09:44

I agree with your statement as I've had great success with semi martingale EA for long time but without re optimizing the system failed eventually.

BlueMonkey Real Money Live Test == Started Oct 2014 in Trading Systems Jan 28, 2015 at 07:37

I added trend following EA in zip, you can use any timeframe and any MA period to open your first trade, then BMEA can manage the basket. Once BMEA closes all trades, the trendEA will once again open position automatically and start the process again. All you need todo is enter the BMEA magic number into the trendEA. If you have suggestions, PM me. Good luck traders.

BlueMonkey Real Money Live Test == Started Oct 2014 in Trading Systems Jan 27, 2015 at 04:05

If you can't afford to risk $500 running your own product you can still use a beginner account at some Forex brokers that offer Cent account such as XM, TradeFort, RoboForex, Exness, and ForexTime. Asking your customers for a $500 donation account for you to continue testing/trading is unheard of.

Forex Flex EA v2.0 in Trading Systems Jan 26, 2015 at 17:27

forexhacked.com - forexflexea.com - and forexFBI.com all websites are down.

BlueMonkey Real Money Live Test == Started Oct 2014 in Trading Systems Jan 26, 2015 at 16:35

@maiamrn You had the same idea as me. I was thinking about writing the same EA todo the initial entry and allow BMEA customers use their EA to manage the positions. Unfortunately, I haven't looked into the logic of BMEA because this account was deleted. I did download the history csv from BMEA first account so I can still reverse engineer the entry logic later on. From experience, adding to losses and adding multiple increases in the lotsize will blow your account faster than your child pushing buttons your platform but this doesn't mean it can't make money for several months in b...

BlueMonkey Real Money Live Test == Started Oct 2014 in Trading Systems Jan 21, 2015 at 14:13

I pulled these magic numbers off the BM older account still on myfxbook246168168 for EURUSD57316354 for EURUSD900550598 for EURGBP938404569 for EURUSD ( only 3 trades)and the trade comment field are all the same, therefore you only need to match these Magic # with the EA and script.

EURUSD	1.08621	GBPUSD	1.30418	AUDUSD	0.67046
USDJPY	149.547	USDCAD	1.38062	USDCHF	0.8655

Posts by forex_trader_149646