To use chat, please login.
Back to contacts

KeltnerPRO - Jared (By keltnerpro)

Gain : +5645.75%
Drawdown 58.74%
Pips: 4744.8
Trades 1003
Won:
Lost:
Type: Real
Leverage: 1:100
Trading: Unknown

KeltnerPRO - Jared Discussion

ForexPro
Oct 01 2014 at 00:11
382 posts
vladrac posted:
Thats a bit dumb. He should have built in a BreakEven SL. I have it on mine. With an average of 40 pips win, the guy goes up 35 pips and let it revert 55? really?


Im sure such break even feature would end in worse overall performance. Trades need space to breath sometimes

vladrac (vladrac)
Oct 01 2014 at 05:56
210 posts
ForexPro posted:
vladrac posted:
Thats a bit dumb. He should have built in a BreakEven SL. I have it on mine. With an average of 40 pips win, the guy goes up 35 pips and let it revert 55? really?


Im sure such break even feature would end in worse overall performance. Trades need space to breath sometimes


Ive tested it with many different parameters and I dont see it that way. But sure it needs room to breath, however you have to consider how have the pair behaved in the last X trades.

Now tell me. What is the average gain for the EURUSD, considering the last 6 months of trading? You really think after moving up 35 pips, its not a time to add a BE?

vladrac (vladrac)
Oct 01 2014 at 06:02
210 posts
Check the attached BT on my EA that follows a similar logic as this one! With and withtout BE.

Ps. I only have 1 trade per signal in this testing.

Cheers,
vlad

Attachments:


vladrac (vladrac)
Oct 01 2014 at 06:17
210 posts
In my view, a BE can be a good thing, you really have analyze what is the strategy you are using.

In this EA with the logic I coded and tested, seems to me that some BE can help!

You have to know what value to use, otherwise, like you said, you will not let the pair breath!

Cheers,
Vlad

Attachments:


ForexPro
Oct 01 2014 at 12:09
382 posts
I cant judge about your system and how good or bad a break even feature will be, I would have to test it by myself. But this is another topic.

On KP we would have been stopped out by break even countless times, just to see the price heading towards the take profit target after being out of the race.

vladrac (vladrac)
Oct 01 2014 at 12:28
210 posts
ForexPro posted:
I cant judge about your system and how good or bad a break even feature will be, I would have to test it by myself. But this is another topic.

On KP we would have been stopped out by break even countless times, just to see the price heading towards the take profit target after being out of the race.


which BE level are you using?
Did you count the other way around how many SL you reached after a good profit by not having any kind of BE?

But you are right I have not bought this EA,or gone over all of its trade, just tried to follow what I see in the trade list here in myfxbook.

Cheers,
vlad

vladrac (vladrac)
Oct 02 2014 at 06:06
210 posts
isnt it time to stop using it on the NZDUSD?

Irishmist
Oct 02 2014 at 06:21
136 posts
I think its time to stop using it all together. starting out The developer traded manually to beef up the results & now the market volatility has picked up drastically throwing this unadaptable strategy out of the window. Clearly the developer doesnt give a toss about this thread or the product otherwise he would have made an effort at least to listen to his dumb customers & improve on the EA.

Forget it you will lose your shirt if you continue down this path. Find something else to trade with & forget Jared's promise to your financial freedom its a sales gimmick.

You make this EA so important with such a huge thread when its absolutely crap even an elementary math student can do better

vladrac (vladrac)
Oct 02 2014 at 07:02
210 posts
I tend to agree, the thread is huge lots of it which came from me ;) I do like the strategy per se.

But I also agree that the logic is quite simple, you could manually trade it.


Cheers,
vlad

Irishmist
Oct 02 2014 at 09:16
136 posts
Then do that manually trade it. The creator collected what he could & if you did not get a refund in time u lost $500 opn something totally worthless.

Please login to comment .