Discuss PivotTraderPRO.com (Doug Price)

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[BigT1]

Greetings Folks,

With the cooperation of Doug Price I have begun an independent test and review of PivotTraderPro as of May1.
Doug has also offered RevTraderPro during the past year. Two high priced EAs that deserve scrutiny for sustained good performance thus far.
These are two entirely unrelated strategies with similar names; so be sure to distinguish between them.
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PivotTraderPro is a trade copier EA that resides on your CPU or VPS for use with any MT4 broker, and receives trade commands from the Vendor's server.
Variations from broker to broker in price are handled using a "Price Window" Technique that allows for some variation within limits, or the trade is skipped.
Thus far, I have experience 2 closed profitable trades since the beginning of this trial, while I am holding 4 open positions in drawdowns that do exceed the profits earned.
The most recent trade closely mirrored the EURUSD trade closed May7 in the FPA test, while the earlier one occurred at my broker, but did not occur in the FPA test.
I presume this was caused by the FPA Test Broker, Synergy, is likely being driven from a Master Account that must be running on another broker's data, where a price deviation restrained trade.
I will be confirming this supposition with Doug, shortly.
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I will be eventually be making my test results available, as they develop; and perhaps later, a full review.
Stay tuned.
Anthony Ingrassia

 

[Prem Kumar Ramamurthi]

Dear BigT1,
Any updates on your test of this EA

 

[ForexVerified]

Our test gained +22.92% in four months with 38% drawdown.