KeltnerPRO - Jared Discussion

keltnerpro posted:
Where the trades on NZDUSD?

We have discontinued trading of NZDUSD due to high risk with low profitability.

Drawdown is reduced by about 12% without NZDUSD, and the profits are nearly identical without it as well.

How trading on one currency pair is discontinued or disabled...? Is there any email sent asking to remove the EA from NSDUSD?
Because if the EA will not trade NZDUSD automatically this can not be done unless it's a signal copier and Keltnerpro is an EA and not a signal copier....
Thanks to inform

You can continue trading NZDUSD if you like. I sent out an e-mail. It's EA.

has this stopped trading?..no trades since 17 oct??

If you check the trade history you will notice it's gone 18,17,15 and 13 days without a trade before now.
Best regards Steve

This EA really rocks anyone bought this please share your experience

tellanup posted:
This EA really rocks anyone bought this please share your experience

The performance in myfxbook is decent,
almost the same as my own trading log.

just brought few weeks ago;today is first group bunch trading;got 4 straight winners with nzd/usd;with max 3 open trades.other trades open at moment.after seeing ea trade;i can see trades with trend; on a major breakout.which is always good.cant stand countertrend trades anyway!this ea seems to wait for long big breakouts;so that is why no trades for many days.if any thing the trades seems too late;but i guess there are reasons.note results will be similar but not exact as on here.even on same broker.i think ecn or not will make slight difference,i see 1 trade 10 minutes.diffence;ibut overall trades mirror fx book and forex peacearmy .i even got a gbp/usd winner they never had in their history.but their winner for aud/usd had more pips.so expect results to close as stated.profit is profit though.will be interesting to see how diffrent brokers go.ea is source code protected for owner and for buyers.this gives me confidence that is really good ea.results for ea in fxbook speak foe them selves.

interesting after my 4 live account trades finished on nz.usd;;i was testing on demo a trade with 50 pip sl diffirent direction; buy order 3-4 hours of downtrend included.trade hit sl in 3 minutes.so thats why trading with trend is better.you just never know when big trends ends.

still 12 trades open on here;11 on my account;i guess that extra trade on gbp/usd closed early.these open trades will take few more hours to grind out but all in profit.

so embarrassed ; my account is up over 90% for day;should i manually close remaining open trades in profit.no i will leave open.is only small account;with fixed lots.1 good day and 1 bad to follow and still would be in profit.

update still one trade open;on 99% profit account for today.just1 short of 100.lol all 12 fxbook trades closed in profit.their trades on gbp/usd more pips.mine far more pips on aud/usd;eur/usd;usdchf.

final results today.18 wins out out 18 with nzd/usd included.18 /19 over 2 weeks approx.just a snap shot; looks to be the real deal.now to wait many days or week for next trades.;but that does not matter.13/13 in other 2 fxbook accounts on here.

this is one of the best strategies Ive seen in years. Its just crazy! I am just thinking what are the brokers going to do this time!

I don't get it why the vendor didn't allow his own product to do its job. He missed truckloads of profit by closing all trades manually. Not good for him, not good for his customers, which cant compare anymore their result with his 'reference' accounts..

Well there are many copies sold already, and many ppl posting its results. Let the guy do what he wants ;)

He made a ridiculous amount of cash in no time with a solid strategy! Really find something better and let me know!

rickyb posted:
update still one trade open;on 99% profit account for today.just1 short of 100.lol all 12 fxbook trades closed in profit.their trades on gbp/usd more pips.mine far more pips on aud/usd;eur/usd;usdchf.

If you made 99% on your account yesterday then it sounds to me as though you're over trading. I would seriously consider your position sizes. This EA also goes through some serious drawdown periods that will wipe an account that's trading too aggressively.
Best regards Steve

vladrac posted:
Well there are many copies sold already, and many ppl posting its results. Let the guy do what he wants ;)

He made a ridiculous amount of cash in no time with a solid strategy! Really find something better and let me know!

Oh, we have an insider here.... than tell us please how many copies he sold already 😝

profix posted:

vladrac posted:
Well there are many copies sold already, and many ppl posting its results. Let the guy do what he wants ;)

He made a ridiculous amount of cash in no time with a solid strategy! Really find something better and let me know!

Oh, we have an insider here.... than tell us please how many copies he sold already 😝

Not really an insider... I didnt even buy a copy myself. Just chose to code the strategy on my own. But Ive been following this thread for a while and you can see how many ppl discuss their gains/losses.

Now, lets be honest, yesterday was NOT a day you needed a EA to make money. After the FOMC annoucement, a monkey could have made a good bet ;)

Opportunities like yesterday does come a couple of times in the year. But thats not really what made this EA strategy so great.

The guy found out a pattern that works! You have an average loss 2x or more smaller than the gains.

Now, in terms of risk ppl are taking, Sure, I'd not go live with real cash with a risk higher than 5%.

But make a calc. 5% on a 25pip SL average that means you have a 10% average win! Yesterday the gains were way higher than the average, so lets say 5% risk a total of 15-20% gain would have been reasonable. 100% gain, means you risk around 25% per trade and that could potentally blow your account in a series of losses.

So I agree with Steve B - 100% for 12 trades is for sure a high risk, even though yesterday, I should have gone all-in too ;)

Cheers,
Vlad

I agree, the excellent TP : SL ratio makes the system a winner, combined with a decent MM its a great system.