Is anyone using Forex Rebellion?

This EA automatically move position to break even that you set. Paris:D
 

Attachments

  • BreakEvenExpert_v1-10.mq4
    3.1 KB · Views: 412
Hi, I'm not trading any other way except Rebellion and FX morning trade. I use the GBP/USD for fx morning only. I use the EUR for rebellion on the daily time frame. I just had a trade with EUR. My first position closed with a +225 target being reached. My second postion is still open and currently at about +155 pips ahead. My stop has been moved to break even. You can trade on the 4 hr. time frame with EUR it's more profitable than the daily and more trades. On the 4 hr. go for 60 pip target and 40 pip stop loss for your first postion. Move your stop loss to break even after +38 pips of profit. Your second postion is the same rules except you let the trade go until the candle closes under/ above the moving average. Some times you can catch some good trends that way but of course sometimes it turns back and you get less than 60 pips or break even. I've back tested it several years and it has a smooth equity curve with few losing months. Very profitable just with the one position. I started using the second position to see if i can catch some long running trends. The way i trade rebellion is I get the signal and then immedidately get into the trade at the very opening of the new candle. I think it works better this way for my strategy and easier to reach target. Paris:)

thanks for your help Paris :) Looking forward to taking some trades with it!
 
Hi, I'm not trading any other way except Rebellion and FX morning trade. I use the GBP/USD for fx morning only. I use the EUR for rebellion on the daily time frame. I just had a trade with EUR. My first position closed with a +225 target being reached. My second postion is still open and currently at about +155 pips ahead. My stop has been moved to break even. You can trade on the 4 hr. time frame with EUR it's more profitable than the daily and more trades. On the 4 hr. go for 60 pip target and 40 pip stop loss for your first postion. Move your stop loss to break even after +38 pips of profit. Your second postion is the same rules except you let the trade go until the candle closes under/ above the moving average. Some times you can catch some good trends that way but of course sometimes it turns back and you get less than 60 pips or break even. I've back tested it several years and it has a smooth equity curve with few losing months. Very profitable just with the one position. I started using the second position to see if i can catch some long running trends. The way i trade rebellion is I get the signal and then immedidately get into the trade at the very opening of the new candle. I think it works better this way for my strategy and easier to reach target. Paris:)

Hi Paris,

When you said 'get the signal', does an arrow (whether up or down) suffice or do we need to wait for the exact entry price from the Trade Assistant?

Thank you so much for sharing.
 
Hi Paris,

When you said 'get the signal', does an arrow (whether up or down) suffice or do we need to wait for the exact entry price from the Trade Assistant?

Thank you so much for sharing.

I wait till i get the signal from the trade assistant and enter immediately. I also take all secondary signals. Paris
 
I wait till i get the signal from the trade assistant and enter immediately. I also take all secondary signals. Paris

Thanks for your reply. By the way, if I have more that 1 pair traded can I apply the breakeven EA that you've so kindly provided on each of the pair so opened?
 
Thanks for your reply. By the way, if I have more that 1 pair traded can I apply the breakeven EA that you've so kindly provided on each of the pair so opened?


yes, of course. But remember other pairs have different ranges. For 4 hr on the EUR/JPY and GBP/USD use a 120 pip target with a 80 pip stop loss. And move position to break even after +46 pips. I find that works best. I haven't tested it on other pairs, except for these 3. Paris
 
Also for a filter i use. If you have a signal candle that's much bigger than the candles all around it , please ignore this signal and don't take the trade. Most of the time price will retrace and take out your stop loss. So, ignore abnormally large signal candles. Paris:)
 
Also for a filter i use. If you have a signal candle that's much bigger than the candles all around it , please ignore this signal and don't take the trade. Most of the time price will retrace and take out your stop loss. So, ignore abnormally large signal candles. Paris:)

Noted, thank you. I tried the 4H euro short this morning, SL 40 was hit. Small position entered since longer term trend is bullish. Wanting to go long after TP hit but looks like it's making me wait for now. [My time zone is GMT +8.00]
 
Paris,

On the BE EA, does it matter if the broker has 5-digit? Or we need to add in an additional digit for 5-digit broker?
 
I wait till i get the signal from the trade assistant and enter immediately. I also take all secondary signals. Paris

Hi Paris

Just to clarify, the signal from the trade assistant is a few pips below/above the low/high of the candle. Do you enter on the opening of the next candle whether the signal line has been breeched or not, or do you wait until the price hits the signal line?
 
Hi Paris

Just to clarify, the signal from the trade assistant is a few pips below/above the low/high of the candle. Do you enter on the opening of the next candle whether the signal line has been breeched or not, or do you wait until the price hits the signal line?

I was a bit late and got in right after the signal was generated by the trade assistant (not waiting for the line to be breeched) for euro and euroyen. Euro closed out +60 and euroyen is still sitting at +61 now but SL was moved to BE by the EA. I went in again for the cable when the signal came. Only after entering then I remember I shouldn't have since it's an unusual large candle. I then changed my SL from 80 to 60 and am trying to see how this trade will pan out.

Paris, thanks a million. I now have the confidence in trading FR the fearless way!!!
 
Hi Paris

Just to clarify, the signal from the trade assistant is a few pips below/above the low/high of the candle. Do you enter on the opening of the next candle whether the signal line has been breeched or not, or do you wait until the price hits the signal line?[/QUOI

I enter before the signal line is reached. I enter at the open of the candle. I only use the trade assistant for the alarm , not the price. I enter right away at the opening of the new candle. Paris
 
I was a bit late and got in right after the signal was generated by the trade assistant (not waiting for the line to be breeched) for euro and euroyen. Euro closed out +60 and euroyen is still sitting at +61 now but SL was moved to BE by the EA. I went in again for the cable when the signal came. Only after entering then I remember I shouldn't have since it's an unusual large candle. I then changed my SL from 80 to 60 and am trying to see how this trade will pan out.

Paris, thanks a million. I now have the confidence in trading FR the fearless way!!!


the GBP/USD onn the 4 hr TF, the candle is not too big. I may have taken that trade. I'd leave the SL at 80 pips and just follow the plan with discipline. Paris
 
I've been a trader on and off for the past 1 years and I've bought just about all there is on the market to give myself the edge. I knew that I needed to become a better trader.

In all these years I must say that I have never felt compelled to write back to the author and comment on their system other than to say that I was unhappy, needed assistance and couldn't get it from them and so on. Pretty sad really.

However, I felt strong enough to write to you Russ and say well done. You've achieved what I have been seeking for years now. A comprehensive, easy to follow visual and audio course that sets itself high above all the clutter out there.

Hi I am new to Rebellion and it looks to be more practical method and i really like it but i am going to test for 100 trades in my demo account first before getting into real money,on seeing your comments i think you may be following some set of rules which you can share with us so may be it will be useful for some one like me - Alex
 
Hi... I'm Forex Rebellion user.. I'm glad i buy this product... Maybe i loss some trade on my first week but after a little tweak and filtering. No loss on my trade today... nice.. (y) :cheesy::clap::smart:

9437170 2009.10.19 04:19 sell 0.30 usdchf 1.02003 1.02303 1.01703 2009.10.19 04:57 1.01986 0.00 0.00 0.00 5.00
9437191 2009.10.19 04:16 buy 0.30 eurjpy 135.210 134.910 135.510 2009.10.19 07:57 135.230 0.00 0.00 0.00 6.62
9438195 2009.10.19 05:31 buy 0.30 eurgbp 0.91143 0.90843 0.91443 2009.10.19 07:37 0.91415 0.00 0.00 0.00 133.04
9444590 2009.10.19 07:51 sell 0.30 usdchf 1.01686 1.01986 1.01386 2009.10.19 07:57 1.01662 0.00 0.00 0.00 7.08
9445405 2009.10.19 08:00 buy stop 0.30 eurjpy 135.291 134.991 135.591 2009.10.19 08:01 135.256 cancelled
9445446 2009.10.19 08:02 buy 0.30 eurjpy 135.310 135.010 135.610 2009.10.19 08:35 135.384 0.00 0.00 0.00 24.50
9447834 2009.10.19 09:00 buy 1.00 nzdusd 0.74797 0.74497 0.75097 2009.10.19 10:51 0.74830 0.00 0.00 0.00 33.00
9452410 2009.10.19 11:05 buy 1.00 gbpusd 1.62988 1.62688 1.63288 2009.10.19 11:10 1.63051 0.00 0.00 0.00 63.00
9466287 2009.10.19 15:21 buy 1.00 gbpusd 1.63466 1.63166 1.63766 2009.10.19 15:30 1.63536 0.00 0.00 0.00 70.00

Hi,Could you ps update your present result with Forex Rebellion...I just purchased now and if you want to share your trading style, it will be very useful
 
A nice long trade that i tooked. But on demo :-( On a live account i wouldn´t take this trade because the market was sideways.
 

Attachments

  • reb.gif
    reb.gif
    43.9 KB · Views: 406
This EA automatically move position to break even that you set. Paris:D

Hi, does this apply to all trades or the 1st trade only. for example if i place 3 trades all with the same stop loss and entry level, will all three trades have the stop moved to breakeven? or even if the entry levels were different. will this apply to all trades that are triggered on the same currency pair and same platform

Thanks
 
Top