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

Jul 11, 2014 at 16:41
47,271 Views
1,325 Replies
Member Since Aug 22, 2014   17 posts
Dec 06, 2014 at 17:41
look like doesn't work
Member Since Nov 20, 2014   96 posts
Dec 06, 2014 at 17:42
Looks like the owner needs some work on this EA...

Why would anyone want to sit and nurse trades if its supposed to be fully automated?

Might as well manual trade then...........
Member Since Apr 25, 2014   249 posts
Dec 06, 2014 at 18:17
mchiang0027 posted:
Ho do you change the SL? No such provision in the EA.

Hi,
After EA has taken trade and posted SL, just drag it down below 38.2 fib level as shown in attached screen shot.
Regards,

Attachments:

Help others
Member Since Sep 10, 2014   138 posts
Dec 07, 2014 at 07:32
Why would you wan to mess with the RR by moving the SL? I don't get it.
Member Since Oct 23, 2014   83 posts
Dec 07, 2014 at 07:33
have to comment;this commercial ea is still over 3000 pips in profit at good average per trade.close to 2000% roi.look on internet to find a a better verfied live account results.apart from rev trade pro. .has the best stop loss out there.give this ea time.still huge profit even after 1st month is left out.forex is a 3 -4 tirillion day business.includes forwards swaps;futures;and spot market.millions of people and companys trade.there is no way anyone is trying to counter this ea by trading against.how much money on eur/usd would it take to move price 1-2 pips.billions and billions of dollars let alone 10 pips .other factors come in to play ;like this ea opens trades at end of big price jump and many people start to countertarde.the ea is nearly always right on direction but get stopped out.i think a bigger stop loss and less profit might make a difference;but would need a higher success rate.hidden stop loss has its problems too.if you lose connection your sl and tp is kept at broker server.not saying there are brokers who do hunt stop;but this practice will be found out by people in long run.you can compare price with other brokers anyway.this is a good ea and i wont be getting a refund.i have dropped aud/usd and nz/usd and increased lot size on other 3.until they start to profit better.
Member Since Jan 01, 2010   49 posts
Dec 08, 2014 at 03:24 (edited Dec 08, 2014 at 03:25)
rickyb posted:
have to comment;this commercial ea is still over 3000 pips in profit at good average per trade.close to 2000% roi.look on internet to find a a better verfied live account results.apart from rev trade pro. .has the best stop loss out there.give this ea time.still huge profit even after 1st month is left out.forex is a 3 -4 tirillion day business.includes forwards swaps;futures;and spot market.millions of people and companys trade.there is no way anyone is trying to counter this ea by trading against.how much money on eur/usd would it take to move price 1-2 pips.billions and billions of dollars let alone 10 pips .other factors come in to play ;like this ea opens trades at end of big price jump and many people start to countertarde.the ea is nearly always right on direction but get stopped out.i think a bigger stop loss and less profit might make a difference;but would need a higher success rate.hidden stop loss has its problems too.if you lose connection your sl and tp is kept at broker server.not saying there are brokers who do hunt stop;but this practice will be found out by people in long run.you can compare price with other brokers anyway.this is a good ea and i wont be getting a refund.i have dropped aud/usd and nz/usd and increased lot size on other 3.until they start to profit better.

You misunderstand. No, of course the big money is not going 'look that's KeltnerPro EA trading let's go get it!' That is indeed ridiculous. What can and does happen with an EA that is successful and that is mass marketed is that positions of all sizes come in at the same time creating the same positions and THAT creates opportunity for the big money to see all the stop losses just sitting out there. They don't know what it is but with tons of money at roughly the same position they'll try and take it out. With the algorithms they use they spot patterns over time as well. That simple.
Member Since Mar 02, 2013   238 posts
Dec 08, 2014 at 07:32
I put the 2 new settings of the EA on true, just to try.

On friday Jared´s account had a loss of -5,65% and the whole week -14,21%
I had a loss of -0,12% on friday and -3,13% in the week.

I ll keep the settings like this. Let´s see.
The differenece between who your are and who you would like to be be is what you do
Member Since Sep 10, 2014   138 posts
Dec 08, 2014 at 07:34
rickyb posted:
have to comment;this commercial ea is still over 3000 pips in profit at good average per trade.close to 2000% roi.look on internet to find a a better verfied live account results.apart from rev trade pro. .has the best stop loss out there.give this ea time.still huge profit even after 1st month is left out.forex is a 3 -4 tirillion day business.includes forwards swaps;futures;and spot market.millions of people and companys trade.there is no way anyone is trying to counter this ea by trading against.how much money on eur/usd would it take to move price 1-2 pips.billions and billions of dollars let alone 10 pips .other factors come in to play ;like this ea opens trades at end of big price jump and many people start to countertarde.the ea is nearly always right on direction but get stopped out.i think a bigger stop loss and less profit might make a difference;but would need a higher success rate.hidden stop loss has its problems too.if you lose connection your sl and tp is kept at broker server.not saying there are brokers who do hunt stop;but this practice will be found out by people in long run.you can compare price with other brokers anyway.this is a good ea and i wont be getting a refund.i have dropped aud/usd and nz/usd and increased lot size on other 3.until they start to profit better.

I could not have said it better myself...
Member Since Sep 10, 2014   138 posts
Dec 08, 2014 at 07:34
Anyone who wants an EA that will push the SL back to what ever retracement levels they set, message me and I will send the ea to them.
Member Since Sep 10, 2014   138 posts
Dec 08, 2014 at 07:34
“Trading is a matter of probabilities. We find a method that has a statistical edge and use that method over and over so that the law of averages will work in our favor.” - Joe Ross
Member Since Oct 28, 2009   1424 posts
Dec 08, 2014 at 10:05
rickyb posted:
have to comment;this commercial ea is still over 3000 pips in profit at good average per trade.close to 2000% roi.look on internet to find a a better verfied live account results.apart from rev trade pro. .has the best stop loss out there.give this ea time.still huge profit even after 1st month is left out.forex is a 3 -4 tirillion day business.includes forwards swaps;futures;and spot market.millions of people and companys trade.there is no way anyone is trying to counter this ea by trading against.how much money on eur/usd would it take to move price 1-2 pips.billions and billions of dollars let alone 10 pips .other factors come in to play ;like this ea opens trades at end of big price jump and many people start to countertarde.the ea is nearly always right on direction but get stopped out.i think a bigger stop loss and less profit might make a difference;but would need a higher success rate.hidden stop loss has its problems too.if you lose connection your sl and tp is kept at broker server.not saying there are brokers who do hunt stop;but this practice will be found out by people in long run.you can compare price with other brokers anyway.this is a good ea and i wont be getting a refund.i have dropped aud/usd and nz/usd and increased lot size on other 3.until they start to profit better.

I suggest you read up on the current legal proceedings the big banks are going through with regards to colluding to fix the currency markets. If you read into it far enough you'll discover that one of the things they were accused of is stop chasing. In reality as aagarcia says, they aren't targeting us and our stops, it's nothing personal. Our stop losses are showing on order books as a large volume of people looking to 'sell' their open positions at that price. If the banks feel they can then make a profit on those orders then they are going to 'buy' them off us if they can. The top 5 banks control around 50% of the transactions in the FX market if the internet is to be believed. I reckon if you control 50% of a market you can pretty much control the direction should you so wish.

I've emailed Jared to ask if he would consider amending the EA so that stop losses are hidden. He said he will consider it for the next release.

*I'm using quotes to indicate that this is true buying and selling and not trading terms.

Best regards Steve
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Member Since Sep 10, 2014   138 posts
Dec 09, 2014 at 08:07
Boom
Boom..
and Boom....

Attachments:

Member Since Jul 31, 2012   210 posts
Dec 09, 2014 at 08:52
saaedb posted:
Boom
Boom..
and Boom....

Whats that suppose to be, and why is it posted here?
vladrac@
Member Since Nov 27, 2014   120 posts
Dec 09, 2014 at 11:20
Ok Bullish what is blue money and whats the relevance to Keltner?
Member Since May 03, 2012   239 posts
Dec 09, 2014 at 11:22
vladrac posted:
saaedb posted:
Boom
Boom..
and Boom....

Whats that suppose to be, and why is it posted here?

yes this have nothing to do with keltner !!!!

Member Since Oct 28, 2009   1424 posts
Dec 09, 2014 at 11:23
My guess would be he's using the old 'Jump on the most popular threads to promote my own stuff' trick.
Best regards Steve
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Member Since Jul 31, 2012   210 posts
Dec 09, 2014 at 12:39
stevetrade posted:
My guess would be he's using the old 'Jump on the most popular threads to promote my own stuff' trick.
Best regards Steve

that should really work, 1 successful trade will REALLY pull my interest ;)
vladrac@
Member Since Sep 10, 2014   138 posts
Dec 09, 2014 at 13:03
Sorry about that guys... Won't happen again.

How do I delete my post?
Member Since Oct 28, 2009   1424 posts
Dec 09, 2014 at 13:09
You can't. We'll pretend it never happened ;)
Best regards Steve
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Member Since Oct 23, 2010   198 posts
Dec 09, 2014 at 13:22
stevetrade posted:
You can't. We'll pretend it never happened ;)
Best regards Steve

llooll
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