REV Trader

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REV Trader Pro - unique trading technology

REV Trader Pro is fully automatic, no need to make any additional configuration is particularly useful for beginners and traders who are not interested in programming and EAs in principle. So says the author. But I have commented on this occasion: the effectiveness expert advisor REV Trader Pro often depends on the broker, in addition, it is believed that the new version - it's only optimized parameters for the new trading period which also does not adds EA autonomy. This is also confirmed backtests (see below). However, REV Trader Pro is multi-forex EA, working successfully on four currency pairs. In its use Stop Loss, Trilling Stop and Take Profit, which is good for capital as a whole.

Сharacteristics of REV Trader Pro
Platform: Metatrader4
Currency pairs: EURUSD, GBPUSD, AUDUSD, NZDUSD
Trading Time: Around the clock
Timeframe: H1
Current EA version: 2.2
Recommended broker: FBS, XM, Roboforex
The basis of REV Trader Pro is three indicators: Standard Stochastic and Moving Average and custom HighLow, which filter out false signals coming from the analysis of older periods. As the formula used for the detection the signal calculation removal rates from the nearest points of minimum and maximum. Weak side of this strategy are strong trends. But REV Trader Pro more profitable than strategy. It opens additional positions in the same direction, if the price goes in the opposite direction. That is if we opened Buy, and the price moved down, the advisor after a certain number of pips opens another order in the same direction, but at a better price. This principle, of course, there are the same minus - a protracted trend. But now they are quite rare, so while REV Trader Pro profitable. If an EA guessed the direction, the position is closed by Trailing Stop and Take Profit somewhere in the 90-130 pips: