Kravens commercial test thread 2

hello all, myself and a couple of fellow FF trader will run some tests next week (26th -30th) on the following commercial systems.

FX RANGER: Tinorio, Krue, Kraven (Cailou)

FX REBELLION: Kiscan, f4mnect (Rednose)

C3PO: kdx

As before these systems and indi's will NOT be posted here.

here's a link to our previuos tests:
http://www.forexfactory.com/showthread.php?t=245130

thanks

Here in spirit kraven. Have run out of money to trade.

should always run demo account first mate, then when you run out you just open another.

This arived in my e-mail box yesterday. this is one of the systems being used here .....

"The Astounding 10-Minute Trading Secret That Changed
The Life Of An Overworked, Underpaid Canadian"

Hi Kraven,

How would you like to know when the market is about
to turn and give you the highest probability trade of
the day...not just today, but every trading day?

Let me make a prediction...

Those who follow Russell Horn's trading system will
be leaps and bounds ahead of almost every other
trader. If I were to be put on the spot right now,
and asked to choose just one trading system the
average trader would have the most chance of success
with...I would choose...Forex Rebellion!

Look at the feedback after only two days:

Hi Russ
I bought your Forex Rebellion yesterday and I have
made 3 trades. My account is up 40 % on 1 day!

It is a small account but even then the percentage
is still OK. I can only imagine what I can do with
a bigger account ? I am a seasoned trader and I have
found my way of making money already, but never got
to the point where I had a chance to avoid the bad
trades in between, but now I have it, Excellent.
Thanks Best Rgds Soren S, DK

Needless to say that it kept me busy right through
the night. By this morning my Net Profit for one day
was $1,153 in total. Last night however was a good
night for trading - but nevertheless, after one day
of trading - YOU HAVE A W.I.N.N.E.R!!

Forex Rebellion will rock the planet! Well Done!
Jannie C, CA

WOW i really like your system, I've already made
money with it, my favorite chart to trade is the
hour charts and the signals seem to go well with
it, cool
Lawrence G, US


I purchased your system yesterday evening (UK Time)
and spent the rest of the night watching your step
by step video tutorials on how to setup and use the
system. I was so confident and assured by the
morning that I decided to go live straight away.
Just wanted to say thank you, the system paid for
itself in the first trade and I finished 2% up, not
bad considering I only had time to trade for a few
hours.

Thanks again.
Jason, London UK


What more can I say!

Good trading
Mark McRae

P.S. If you never had a chance to watch the Beta
testers of this system make live trade you can see
the videos here:

Note: i've took out the e-mail links as i'm not here to advertise this system, were just going to try it and post our results here

Thanks for all your test what makes you pick just the systems you have choosen ?


im not sure i get it what did happen to the first 3 system you tested it seems that atleast one was good ?


best regards

well at the end i asked each tester to give their oppinions on the system they tested, some did.

I myself though 'XB V4' was good although some indi's were contradicting others, also 'FX powerband' was rated quite highly on the 4hr TF.

I have a number of commercial systems, i just choose the one's which i've heard most about..like the e-mail above i just posted, fxRebelion is a fairly new system with big claims.

i have had a number of suggestions as what to do next, like work on a particular system to try and make it better etc. this is something we may do in the future.

Ok guys I'm testing the C3PO system, a quick brief overview of the system. The system’s strategy itself is actually quite a simple system, however its primary engines if you like to call it that are looking out for waves on our charts based on Elliot waves. I'm not going to go into details how Elliot waves work you can Google that. Once we have defined our pattern the next tool we use are Fibonacci retracements the values that are used to enter the trade are between 61.8 - 78.6 values. Ok so how does it work, we are looking for trends either a downtrend or an uptrend, we measure this by picking at least two HH, LH for uptrend reverse for downtrend. Once Trend is identified we are looking for what’s called a Motivewave which effectively is a strong move in the other direction and one that happens quite fast what we look for is does price break the previous LH, if so than we assume that the trend maybe be heading south. Ok how do we enter the trade once price has broken our pattern of HH, LH we are looking for a retracement we draw Fibonacci retracements on our charts from the last swing high - low and we enter when price retraces back to the 61.8 -78.6 levels we than enter in the direction of the new trend. Our stop is placed at the Top or Low of the previous swing and our main TP is back to where price just touched before it retraced back to give us our entry the chart should show this clearly.

Attached is a chart which hopefully shows what I'm talking about, plz ask questions if anything is not clear. A quick point about the documentation provided in terms of how to trade this is so limited that its' actually quite surprising, just one doc with two pages and a short video. Elliot wave techniques can be so different from person to person, in terms of what to look for, what not to look for none of that info is actually provided. Maybe as this system requires you to join a group and once you are in that group more is explained I don’t know but I will try my best to put to use what I have and see where we go.

I have txt on the chart but to quickly explain, after we identify trend we are looking for price not to make a lower low but in fact to make a Higher high once we have this we draw our Fibs from these two points and enter long on after price retraces to 61.8 -78.6 level. Stop as you can see is where the Previous Low was and TP is where the Red arrow is.

As we are looking for Trends and these specific setups I will not be looking at timframe lower than M30 so not sure how many trades we will find.

Ok Have a possible setup, I prefer to explain here than on chart as it's easier

Ok we have a usd/jpy M30 chart if you look towards the right you can see we are in an uptrend; one can clearly see the HH. LH but right at the end of the chart we can see the last LH has been broken by quite some way. 50% of our setup is in place all we are looking for now is for price to retrace to the Blue line I've placed on chart from there we will enter short, if however price continues to go lower than I will extend the fib line until I have a retracement to my blue line. Hope it all makes sense.

Enter
Short @ 87.53
Stop @87.82
T/P this can only be set once price retraces to our level and it will be the last low price made. but one can see you will have at least a 3-1 risk reward which is'nt bad.

morning all.

Appoligies as I have some heavy construction going on near me and my internet is due to go down any minute (already been off once this morning)

i'll be testing FxRanger, when the Fx Ranger signal is blue and the Fx Ranger slope is blue it's a buy. When both red it's a sell (simple).

On the chart in the top right there's a risk reward ratio and a suggested SL. Risk/Reward should be at least 1.5 before entering.

Is this only for 1 hr charts Kraven?

no mate it can be used on any TF. just thought i'd give 1hr a go as others may try 15min etc.

i'm going to have to look more into this risk reward as sl is actual above the buy price?

Hi kraven and everyone...

this is the first signal taken from FXRanger.
FXRanger signal is already red and the FXRanger slope change from blue to red.
so it's a sell signal EUR/USD @ 1.2899.
but the SL setting is confusing me, based on the manual i should put my SL 1 pips above FXRanger Stop Loss, which is now = 1.2888. so it's impossible to set SL 1.2889 coz i sell @1.2899.

i have to close the trade manually @ 1.2913 coz FXRanger signal change from red to blue. - 14 pips.

Tinorio, i can't understand the sl either, from the instruction

'Stop Loss should be placed 1 pip below the specified number for long trades, and 1 pip above the specified number for short trades.'
As you said the sl is in the wrong direction
yet the RR seems to be working as it's always moving

because i haven't got a clur what the SL and RR are upto. i'm making the sl the same as the candle i entered on (34pips) RR will be 2:1 so looking for 68pips or i'll exit on colour change.

i actualy have 4 lines now, red, green, blue and dotted?

Hello all,

As I told Kraven, this week will be very busy for me, that´s why I´m going to test FX Ranger in 4H TF, E/U, E/J and G/U.
No signals now, but looks interesting....

Morning guys, the thread seems very quiet this time... maybe it's the markets at as we have had a very dry day yesterday most pairs were within a very tight range so no setups for me, in fact no real setups this morning also, I see a pattern emerging on usd/cad but its still has a way to go for me to post a chart anything I see I will post.

Ok Guys trade taken on usd/jpy M30

Short @ 87.43
Stop @87.83

Initial T/P 86.82

This is similar to yesterdays trade however if u remeber I mentioned that of price keeps falling than we can extend our targets.

Hi everyone,

First signal with the system 4H EUR/JPY, Forex Ranger Slope Blue and Forex Ranger Signal turns blue from green: BUY 12h00 113.40.
Now floating +65 pips....