1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

RoverNorthForexSystem.com

Discussion in 'Trading Systems' started by Administrator, Jan 28, 2011.

  1. Administrator

    Administrator Just Administrator :-)

    Joined:
    Sep 24, 2007
    Messages:
    6,329
    Likes Received:
    556
  2. SandPiper

    SandPiper Recruit

    Joined:
    Apr 9, 2010
    Messages:
    3
    Likes Received:
    0
    More beta tested rubbish from publishing farms. Don’t waste your time.
     
  3. Freakstr

    Freakstr Recruit

    Joined:
    Apr 28, 2010
    Messages:
    1
    Likes Received:
    0
    I'm testing this system on my demo accounts. It's very simple, but it works for me. Today all trades are winner :)

    When you buy the system, you can download an asstant EA for MT4, which tells you, when you have to trade. The system is a trendsystem!
     
  4. BackSpace

    BackSpace Private, 1st Class

    Joined:
    Oct 13, 2010
    Messages:
    55
    Likes Received:
    1
    Keep us up to date

    Hi Freakstr,

    You are testing this RoverNorth system.

    Could you keep us up to date with regards to you findings and results ?

    Kind regards, BackSpace
     
    #4 BackSpace, Feb 7, 2011
    Last edited: Feb 7, 2011
  5. DJF

    DJF Recruit

    Joined:
    Aug 23, 2008
    Messages:
    6
    Likes Received:
    0
    I believe that this system has potential, but you just can't click "yes" every time it gives you a signal. I have had mostly losing trades with this so far. It signals when the market retraces, and the candle touches the 10 MA line, figuring it will turn back around and keep going with the longer trend, but sometimes that retrace keeps going and stops you out. The manual isn't any help. Not really good for beginners. Some brain work and learning involved here
     
  6. BackSpace

    BackSpace Private, 1st Class

    Joined:
    Oct 13, 2010
    Messages:
    55
    Likes Received:
    1
    Thanks !

    Hi DJF,

    Thanks for the feedback. If you intend to keep on testing the RoverNorthsystem, could you please keep us up to date with the results.

    BackSpace
     
  7. DJF

    DJF Recruit

    Joined:
    Aug 23, 2008
    Messages:
    6
    Likes Received:
    0
    Rover North Update

    Since the manual doesn't really give much in the way of direction on how best to use this system, I've been experimenting. At first I had a 35 pip take profit and 70 pip stoploss set with the Profit Grid on default settings. What was happening was that a second trade would open, then it would lock in my 3 pips profit and close the second trade at a loss. Not good. Yesterday I changed to a 10 pip take profit and 20 pip stoploss. Much better. Have had more winners than losers. Now I'm trying to tweak the Profit Grid feature to work as it should with these settings. Not sure if it will work, and I don't know if the trailing stop will either, but if I can clear 30 or 40 pips a day that's not too bad.
    I have also taken to waiting till the next candle most of the time when given a signal. Will post more later.
     
  8. mrbeanbag

    mrbeanbag Recruit

    Joined:
    Feb 18, 2010
    Messages:
    4
    Likes Received:
    0
    The other thread on this system says the free version is better than the EA. I'd like to know how to get hold of it, anyone know?
     

Share This Page