KeltnerPRO - Jared (By keltnerpro)
| Gain : | +5645.75% |
| Drawdown | 58.74% |
| Pips: | 4744.8 |
| Trades | 1003 |
| Won: |
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| Lost: |
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| Type: | Real |
| Leverage: | 1:100 |
| Trading: | Unknown |
KeltnerPRO - Jared Discussion
Member Since Oct 28, 2009
1424 posts
Dec 12, 2014 at 13:32
Sounds interesting and probably something that could be coded.
Best regards Steve
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.
Dec 12, 2014 at 16:51
do you think it would be expensive to get it coded? when you think about it, you could get away with a fairly small stop loss and a good take profit, if you used the EAs close. it wouldn't trade as often as the EA because it doesn't always go into draw down
Dec 12, 2014 at 18:38
You ideally want a stop loss in there, what if you lose your connection or the market moves very sharply and the EA can't close out the trade in time?
What you want is, lets say the SL is going to be 21 pips away.... when you open the trade, put the SL 50-70 pips away but do open the order with a SL and TP... when the price moves 21 pips against you, the EA should close the trade... keep a hidden internal SL.
What you want is, lets say the SL is going to be 21 pips away.... when you open the trade, put the SL 50-70 pips away but do open the order with a SL and TP... when the price moves 21 pips against you, the EA should close the trade... keep a hidden internal SL.
Member Since Nov 20, 2014
96 posts
Dec 14, 2014 at 07:32
18 losses in a row with 2 wins in between at 5% risk per trade is damaging to any account... This robot really needs a lot of improvement ....
I wouldn't stick around and wait for it to find its winning streak because it will blow your account first then its too late.........
I wouldn't stick around and wait for it to find its winning streak because it will blow your account first then its too late.........
Member Since Oct 07, 2014
11 posts
Dec 14, 2014 at 15:22
I am gonna give it a couple of weeks more, if it goes on like that I will ask for refund.
Dec 14, 2014 at 17:05
(edited Dec 14, 2014 at 17:05)
Alaa_forex posted:
I am gonna give it a couple of weeks more, if it goes on like that I will ask for refund.
It is funny how people just give up so quickly in just one month of losing trades. What about other months? EA never had a losing month yet.
Member Since Nov 20, 2014
96 posts
Dec 14, 2014 at 21:40
Thats why we got trial period to prove itself... if it does not prove itself, its not working... Why blow your hard earned cash off the bat ?
Who ever bought this system 3 weeks ago, just blew 75% of their account if trading 5% risk per trade?
I dont know of anyone who would like to be in that position raviluke... 😎
Who ever bought this system 3 weeks ago, just blew 75% of their account if trading 5% risk per trade?
I dont know of anyone who would like to be in that position raviluke... 😎
Dec 14, 2014 at 21:46
walteremslie posted:
Thats why we got trial period to prove itself... if it does not prove itself, its not working... Why blow your hard earned cash off the bat ?
Who ever bought this system 3 weeks ago, just blew 75% of their account if trading 5% risk per trade?
I dont know of anyone who would like to be in that position raviluke... 😎
Are you using the EA and at what percentage and how much percent did you lose on the whole?
Dec 15, 2014 at 04:35
BigSteve posted:Hi,
Just trade the EU and GB and let Keltner do its job.
Eliminating pairs does not affect the strategy at all
Why give up? This EA wouldn't be for getting feet wet.
what is your risk setting for EU and GU? with 5% (i.e. 0.05) setting, there is no much gain in last two months. Keltner is causing loss and my other EA gain back that loss! I have remove this EA from my account.
Regards,
Be Vegan, Make Peace
Dec 15, 2014 at 06:38
walteremslie posted:
Thats why we got trial period to prove itself... if it does not prove itself, its not working... Why blow your hard earned cash off the bat ?
Who ever bought this system 3 weeks ago, just blew 75% of their account if trading 5% risk per trade?
I dont know of anyone who would like to be in that position raviluke... 😎
How could you have 75% loss?
I had roundabout 0% in the last 3 weeks (little wins and losses):
https://www.myfxbook.com/members/ricki72/keltnerpro-bef-sss-navi-per/947997
With default settings, except the 2 new settings set on true (breakeven and entry_filter)
The differenece between who your are and who you would like to be be is what you do
Member Since May 08, 2014
49 posts
Dec 15, 2014 at 07:22
walteremslie posted:
Thats why we got trial period to prove itself... if it does not prove itself, its not working... Why blow your hard earned cash off the bat ?
Who ever bought this system 3 weeks ago, just blew 75% of their account if trading 5% risk per trade?
I dont know of anyone who would like to be in that position raviluke... 😎
A risk setting of 0.05 is not actually 5% per trade. It's 0.05 lots per every 1000 USD in the account. It's more in the range of 1 to 2% per trade depending on the stop loss for any given trade. The range exists because the stop loss is dynamic.
Dec 16, 2014 at 03:44
BigSteve posted:Pretty much I am flat. I accidentally reopened a profile that had the AU on it and took some losses when not paying much attention to the VPS. My fault. Other than that I use 0.05 setting which is not a 5% risk it is lot size selection MM. All my settings are by default and I do not use the break even. I recently removed anything other than the EU and GB and will only trade these two pairs as they show the most profit potential. I would rather be selective like that rather than reduce default MM settings
Just trade the EU and GB and let Keltner do its job.
Eliminating pairs does not affect the strategy at all
Why give up? This EA wouldn't be for getting feet wet.
Member Since Nov 20, 2014
96 posts
Dec 16, 2014 at 07:23
keltnerpro posted:walteremslie posted:
Thats why we got trial period to prove itself... if it does not prove itself, its not working... Why blow your hard earned cash off the bat ?
Who ever bought this system 3 weeks ago, just blew 75% of their account if trading 5% risk per trade?
I dont know of anyone who would like to be in that position raviluke... 😎
A risk setting of 0.05 is not actually 5% per trade. It's 0.05 lots per every 1000 USD in the account. It's more in the range of 1 to 2% per trade depending on the stop loss for any given trade. The range exists because the stop loss is dynamic.
I thought it was 5% risk per trade... im just following the results on myfxbook and saw the losses... rule of thumb ive read is the we risk 3 to 5% per trade is normal in forex, giving us at least 20 chances before blowing account... i saw 18 losses in a row with 2 wins in between and came to that conclusion...
That was my reason for not purchasing this ea... i do not have a copy yet and will wait to see its performance to come...
Member Since Nov 20, 2014
96 posts
Dec 16, 2014 at 07:23
keltnerpro posted:walteremslie posted:
Thats why we got trial period to prove itself... if it does not prove itself, its not working... Why blow your hard earned cash off the bat ?
Who ever bought this system 3 weeks ago, just blew 75% of their account if trading 5% risk per trade?
I dont know of anyone who would like to be in that position raviluke... 😎
A risk setting of 0.05 is not actually 5% per trade. It's 0.05 lots per every 1000 USD in the account. It's more in the range of 1 to 2% per trade depending on the stop loss for any given trade. The range exists because the stop loss is dynamic.
To me this means 5% risk per trade like it says in the manual....... sorry for any confusion but i read what it says..........
https://gyazo.com/d1886706bb809c2465a0308e0380ac71
Attachments:
Member Since Oct 28, 2009
1424 posts
Dec 16, 2014 at 09:11
The manual is wrong, I posted this earlier. I recommend running backtests with any EA that you purchase before running it on an account. This will show you how the risk calculations work. When I saw they didn't match what the manual said I queried it with Jared. The post is a few pages back.
With regards to the 60 day money back guarantee. In three years of backtesting only once was there two losing months in a row. However starting on four of the months out of 35 you would have ended up with a net loss after two months. All the others would end up in profit.
Best regards Steve
With regards to the 60 day money back guarantee. In three years of backtesting only once was there two losing months in a row. However starting on four of the months out of 35 you would have ended up with a net loss after two months. All the others would end up in profit.
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 Apr 25, 2014
249 posts
Dec 16, 2014 at 14:18
My all trades of GBPUSD are in loss today!
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