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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

ddr555 (ddr555)
Nov 28 2014 at 12:20
176 posts
vladrac posted:
Btw, for those that like to see what a nice broker can do... check what my broker done on the USDCHF this night...

I have other trade accounts in other brokers, this did NOT happen there!

Hi,
who is this broker?
Regards,

Be Vegan, Make Peace
stevetrade (stevetrade)
Nov 28 2014 at 12:41
1408 posts
mchiang0027 posted:
I have test run it since Oct 19, and so far all trades match those of the vendor, the results are so far very good, comparable to what the vendor claims. I use a 8% risk and not the large lot size that the vendor uses. My FinFx demo account started with $2,000. Today it is $2,833.79, and I missed a few profitable trades last Friday.

Hope the vendor can keep up the good work, and continue to make this a profitable EA.

I plan to go live next month. Good EA so far.
 
Matthew


8% risk per trade? That will blow your account at some point. The maximum lost on one trade on this account is 3.85%.


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.
wiptheman
Nov 28 2014 at 14:03
28 posts
Hi All,
Does anyone know if this EA is sensitive to VPS <> Broker proximity ?

Thanks!

It's by making mistakes that you learn !
vladrac (vladrac)
Nov 28 2014 at 14:24
210 posts
wiptheman posted:
Hi All,
Does anyone know if this EA is sensitive to VPS <> Broker proximity ?

Thanks!


Always easier to ask then to analyze right? ;)


Look at when it trade, the usual delta-spread at those periods and how many pips it gains or loses...and tell me!!!

.... the answer is NO in my view! Nothing bad about having low latency...but I dont see it crucial here...

wiptheman
Nov 28 2014 at 14:51
28 posts
vladrac posted:
wiptheman posted:
Hi All,
Does anyone know if this EA is sensitive to VPS <> Broker proximity ?

Thanks!


Always easier to ask then to analyze right? ;)


Look at when it trade, the usual delta-spread at those periods and how many pips it gains or loses...and tell me!!!

.... the answer is NO in my view! Nothing bad about having low latency...but I dont see it crucial here...


Thank you Vlad !

It's by making mistakes that you learn !
marran (marran)
Nov 29 2014 at 11:51
120 posts
vladrac posted:
marran posted:
is anyone making money from this EA? it seems to have had one great month and the rest nothing special


wow, it does look like you really know how to judge a EA performance....



Wow your are incredibly ignorant! looks like you really know how to judge an EA performance! lol

vladrac (vladrac)
Nov 29 2014 at 19:13
210 posts
stevetrade posted:
mchiang0027 posted:
I have test run it since Oct 19, and so far all trades match those of the vendor, the results are so far very good, comparable to what the vendor claims. I use a 8% risk and not the large lot size that the vendor uses. My FinFx demo account started with $2,000. Today it is $2,833.79, and I missed a few profitable trades last Friday.

Hope the vendor can keep up the good work, and continue to make this a profitable EA.

I plan to go live next month. Good EA so far.
 
Matthew


8% risk per trade? That will blow your account at some point. The maximum lost on one trade on this account is 3.85%.


Best regards Steve


Hey Steve, check back the trades of the first month. Not only he was risking more than 5%, he was at some point trading more than 3 trades per pair.


03.14.2014 15:15 03.14.2014 16:20 EURUSD Buy 3.60 1.39316 1.39115 -20.1 -757.77 1h 5m -5.23%

Thats how he achieved the really high gains.

As I said bf, this is a normal strategy of commercial EAs... go 'ALL-IN' and if it survives that month, publish the account results and lower the risk and keep going.

As I said also, at some point, I saw 12 trades opened at the same time in 1 event - as you all know this is a News Trade Breakout EA... thats pretty much when 90% of the trades of this EA, so there's a risk you will get many trades running at some point.

Still as I also said many times... if you properly filter these trades you will get a higher profit ratio and considering the TP/SL ratio , this strategy does allows you in the end to take higher risks.

With that said, I tend to agree that more than 5% in this EA as it is, its too much.

However, if you are trying to reproduce the 2000% profit you will need to risk high.

Cheers.

MC 3K 1081321
mchiang0027
Nov 30 2014 at 07:35
13 posts

I agree, 8% is high risk, but low compared to the vendor's.

If back test really gives 90% confidence level, a 8% risk will put the back test results into 25% portfolio DD at one point.

A 6%$ risk is roughly 20% portfolio DD.

So depending on your risk appetite, you should adjust your risk factor. I also notice that USDCHF is not performing well amongst the 4, so I plan to lower the risk of USDCHF to 5%, and turn on the Entry_Filter for this pair to further limit DD.

Another plan that I may implement : have a second account of $2,000 and set a 8% risk. If anything goes wrong, it is limited to $2,000, and run the normal 5% on the larger account.

If other users have ideas, please share. Tkx.

stevetrade (stevetrade)
Nov 30 2014 at 10:18
1408 posts
The biggest losing run on this account is 16 trades. Take those 16 trades and put them at the start, at the risk the account was running at then and they would have generated a loss of $8375 which would have wiped the account.

The reason the account is over leveraged at the start is because EA marketers run multiple accounts and the ones that work get marketed. It's the best way to rise to the top of MyFxBook which at the end of the day is their prime sales pitch.

You're reasoning is flawed if you are looking at what this account did historically. Look at what it could do in the future to decide your risk.

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.
vladrac (vladrac)
Nov 30 2014 at 10:28
210 posts
stevetrade posted:
The biggest losing run on this account is 16 trades. Take those 16 trades and put them at the start, at the risk the account was running at then and they would have generated a loss of $8375 which would have wiped the account.

The reason the account is over leveraged at the start is because EA marketers run multiple accounts and the ones that work get marketed. It's the best way to rise to the top of MyFxBook which at the end of the day is their prime sales pitch.

You're reasoning is flawed if you are looking at what this account did historically. Look at what it could do in the future to decide your risk.

Best regards Steve


Does not make sense to me... I know what it did in the past... and considering not much has chg in code I can make judgement of what is going to do in the future.

At this point in time is already obvious which pairs are suitable for this EA and which ones are not. So, this alone will change how you play with it in the future.

So, ignoring what it did in the past , does not sound reasonable to me.

Cheers


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