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
47,493 Views
1,325 Replies
btanalysis
forex_trader_67253
Member Since Feb 26, 2012   95 posts
Mar 18, 2015 at 23:26
keltnerpro posted:
btanalysis posted:
keltnerpro posted:
btanalysis posted:
Jared, would there be any way for your EA users to select a lower TP target in its parameters? The bot traded twice today (both during the BoE and Fed events) opening a series of trades every time, was in a substantial profit both times yet fell short of the TP levels, erased all gains, hit a few SLs already, and currrently sits with a bunch more open trades in the negative, wtf. 😞

Using the breakeven feature should help with situations like that. Overall I ended up with pretty good results today.
My earnings were rather modest - mainly because I still trade AUDUSD and netted a loss on it for the day. Why did you drop this pair?

Over the duration of my live account(About a years time), I have been amassed a profit of negative 293.9 pips on the AUDUSD pair.

Results were about 25% more profitable without it.
I could see the same from the last year's tick data backtests on this pair. Question is, why is there such a situation in the first place fundamentally?
Member Since May 20, 2011   724 posts
Mar 19, 2015 at 04:41
I only trade EURUSD with this EA, seems to be the only profitable one, made huge money last night.
btanalysis
forex_trader_67253
Member Since Feb 26, 2012   95 posts
Mar 19, 2015 at 10:57
FXtrader2010 posted:
I only trade EURUSD with this EA, seems to be the only profitable one, made huge money last night.
Did you get a total of four trades on EURUSD last night? If so, what risk were you running to make huge money overnight?
Member Since Oct 19, 2013   3 posts
Mar 20, 2015 at 05:46
Please

Advise me

Breakeven = true OR false

EURUSD = 15M OR 5M

GBPUSD = 15M OR 5M
Member Since Mar 16, 2015   3 posts
Mar 25, 2015 at 07:43
Jared, I bought this EA yesterday, but no trades at all, is it problem?
Member Since May 13, 2011   96 posts
Mar 25, 2015 at 09:12
shamanjay posted:
Jared, I bought this EA yesterday, but no trades at all, is it problem?

This ea uses breakout strategy, it doesn't trade often, only when there is big movement in the market.
As long as you don't see trades from the master account here, don't worry .
Member Since Mar 16, 2015   3 posts
Mar 25, 2015 at 09:50
cyberom posted:
shamanjay posted:
Jared, I bought this EA yesterday, but no trades at all, is it problem?

This ea uses breakout strategy, it doesn't trade often, only when there is big movement in the market.
As long as you don't see trades from the master account here, don't worry .

thanks mate
Member Since Oct 19, 2013   3 posts
Mar 25, 2015 at 11:25
Please

Advise me

Breakeven = true OR false

EURUSD = 15M OR 5M

GBPUSD = 15M OR 5M

btanalysis
forex_trader_67253
Member Since Feb 26, 2012   95 posts
Mar 25, 2015 at 11:51
kenanah posted:
Please

Advise me

Breakeven = true OR false

EURUSD = 15M OR 5M

GBPUSD = 15M OR 5M

No mention in the manual?
Member Since Nov 23, 2010   101 posts
Mar 26, 2015 at 12:19
btanalysis posted:
kenanah posted:
Please

Advise me

Breakeven = true OR false

EURUSD = 15M OR 5M

GBPUSD = 15M OR 5M

No mention in the manual?

From the manual:

Timeframe:
EURUSD M15
GBPUSD M5
AUDUSD M5
USDCHF M5

I only run the EURUSD and GBPUSD at risk 3%. Everything else I leave default settings alone.
btanalysis
forex_trader_67253
Member Since Feb 26, 2012   95 posts
Mar 31, 2015 at 18:13
Jared, what exactly was happening between 01.11.2009 and 15.12.2011 on GU that Keltner Pro incurred a dramatic loss of 57% over this period with a steadily declining equity curve while the EU result over the same period at +223% of net profit was nothing short of spectacular?



Member Since Aug 21, 2013   28 posts
Mar 31, 2015 at 18:56
Who cares what was 6 years ago ? Market has been changed now and i think backtest so long back is nothing worth..
Trade what you see, not what you think.
btanalysis
forex_trader_67253
Member Since Feb 26, 2012   95 posts
Mar 31, 2015 at 19:19
starteris posted:
Who cares what was 6 years ago ? Market has been changed now and i think backtest so long back is nothing worth..
The market changes constantly all the time and rarely repeats, so all past periods are equally relevant when it comes to examining the staretgy's sustainability and robustness.
Member Since May 03, 2012   239 posts
Mar 31, 2015 at 21:31
for keltner the market changing doesnt matter a lot, because this ea is only trading when there is a breakout on keltner channel and there a bib moves....
btanalysis
forex_trader_67253
Member Since Feb 26, 2012   95 posts
Mar 31, 2015 at 22:02
braddock posted:
for keltner the market changing doesnt matter a lot, because this ea is only trading when there is a breakout on keltner channel and there a bib moves....
How does that explain two years of the above continuous steady equity decline on GU?
Member Since Jan 28, 2015   7 posts
Apr 01, 2015 at 14:20
btanalysis posted:
braddock posted:
for keltner the market changing doesnt matter a lot, because this ea is only trading when there is a breakout on keltner channel and there a bib moves....
How does that explain two years of the above continuous steady equity decline on GU?

Big market volatility wide ranges and no clear trend.GBPUSD historically is the most volatile of majors.
btanalysis
forex_trader_67253
Member Since Feb 26, 2012   95 posts
Apr 01, 2015 at 14:30
mobydick posted:
btanalysis posted:
braddock posted:
for keltner the market changing doesnt matter a lot, because this ea is only trading when there is a breakout on keltner channel and there a bib moves....
How does that explain two years of the above continuous steady equity decline on GU?

Big market volatility wide ranges and no clear trend.GBPUSD historically is the most volatile of majors.
And why is that, in your opinion? High volatility usually stems from a lack of liquidity. Is the cause of this a smaller GBP liquidity while compared to the EUR one in EURUSD (not as much due to the QE timings as to the overall GBP market size relative to the EUR one)?

On another note, the vendor's account has just taken three losing trades on GU today.
Member Since Aug 21, 2013   28 posts
Apr 01, 2015 at 16:26
btanalysis posted:
mobydick posted:
btanalysis posted:
braddock posted:
for keltner the market changing doesnt matter a lot, because this ea is only trading when there is a breakout on keltner channel and there a bib moves....
How does that explain two years of the above continuous steady equity decline on GU?

Big market volatility wide ranges and no clear trend.GBPUSD historically is the most volatile of majors.
And why is that, in your opinion? High volatility usually stems from a lack of liquidity. Is the cause of this a smaller GBP liquidity while compared to the EUR one in EURUSD (not as much due to the QE timings as to the overall GBP market size relative to the EUR one)?

On another note, the vendor's account has just taken three losing trades on GU today.

And ? losing trades are part of this business. Now are no clear trends, market is in indecision and fishing stops. Big players placing trades for next move, and then you will see profit from KeltnerPro :)
Trade what you see, not what you think.
btanalysis
forex_trader_67253
Member Since Feb 26, 2012   95 posts
Apr 01, 2015 at 16:31
I don't mind incidential losses that are a routine part of the business. What puzzles me is a possibility of a steady and lengthy losing streak like the one discussed above. If we could figure its exact causes, we could switch the bot off for a time on GU should a similar market repeat again.
Member Since Apr 25, 2013   107 posts
Apr 01, 2015 at 21:48
Jared... could you please respond to 'betanalysis' queries?... Why don't you get more involved in the discussions about your product?
Patience, focus and self-control to win the game with diligence.
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