KeltnerPRO - Jared (By keltnerpro)
Gain : | +5645.75% |
Drawdown | 58.74% |
Pips: | 4744.8 |
Trades | 1003 |
Won: |
|
Lost: |
|
Type: | Real |
Leverage: | 1:100 |
Trading: | Unknown |
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KeltnerPRO - Jared Discussion
Jan 12, 2015 at 20:16
Member Since Jul 31, 2012
210 posts
Hello Forum, after so many requests to get a copy of my personal EA that use the same strategy principle of this one, I decided to give away an indicator that will alert you ahead of when a possible profitable trade will come.
Cheers,
vlad
Cheers,
vlad
vladrac@
Jan 13, 2015 at 19:26
Member Since Jul 31, 2012
210 posts
BigSteve posted:
Hi Vlad there was no indicator attached
I added a link to where to get it but , as it was in a "competitor" website, ForexFactory , I guess it was removed.
Let me post it here with the comments as well.
Anyway, its just an indicator with alert option.
Cheers,
Vlad
vladrac@
Member Since Feb 08, 2013
57 posts
Member Since Feb 08, 2013
57 posts
Jan 14, 2015 at 14:40
Member Since Apr 20, 2013
160 posts
marran posted:
im beginning to loose faith in this EA i have only had loosing trade after loosing trade
As montioned, December and January are not good months to trade. This EA didn't had a losing month before that. Have patience, and turn off this EA for now. First week of FEB put it back on and you should be fine.
Jan 14, 2015 at 14:44
Member Since Jul 31, 2012
210 posts
raviluke posted:marran posted:
im beginning to loose faith in this EA i have only had loosing trade after loosing trade
As montioned, December and January are not good months to trade. This EA didn't had a losing month before that. Have patience, and turn off this EA for now. First week of FEB put it back on and you should be fine.
marran posted:
im beginning to loose faith in this EA i have only had loosing trade after loosing trade
You got in when the market conditions were not ideal for this EA in my view. there were quite a few discussion back in Nov whether or not to use this EA in Dec-Jan... with mixed feeling around the guys in this forum.
Being that this is a breakout based EA, you need the conditions for a proper BO and that usually involves masses of people following a certain move. When you dont have that many ppl trading, the BO is weak and can easily revert. And its not only volume really, there are other conditions coming to play, other factors around the world that impact trading in general.
If you understand what is needed for this EA to be successful you will see that this not a bulletproof strategy ofc.
But dont take my words for it, check what is consider a Breakout in an article such as "the anatomy of trading breakout".
This is a EA after all, with the same base code running since at least March last year (we dont know for a fact when the EA started - maybe it started before with losses ;) ) but I believe the conditions did chg in Dec...
Ofc, its arguably hard to make a call to turn it off and then see it coming up again... but its a matter of understanding the conditions you will be trading on...
Cheers,
Vlad
vladrac@
Member Since Nov 20, 2014
91 posts
Jan 14, 2015 at 21:41
Member Since Nov 20, 2014
91 posts
Why didnt the owner of this robot then tell us here in a clear message NOT to run it in december and Jan... He knows the logic... So anyone who purchased in november does not benefit from a 60 day trial because their accounts are looking like shit...
Jan 15, 2015 at 08:30
Member Since Jul 31, 2012
210 posts
walteremslie posted:
Why didnt the owner of this robot then tell us here in a clear message NOT to run it in december and Jan... He knows the logic... So anyone who purchased in november does not benefit from a 60 day trial because their accounts are looking like shit...
the idea I guess is that this will eventually recover... but not sure how he is communicating with active buyers, as he barely ever writes here.
So, they guys that bought it may be receiving emails , updates, etc.
vladrac@
Member Since Oct 28, 2009
1409 posts
Jan 15, 2015 at 09:21
Member Since Oct 28, 2009
1409 posts
walteremslie posted:
Why didnt the owner of this robot then tell us here in a clear message NOT to run it in december and Jan... He knows the logic... So anyone who purchased in november does not benefit from a 60 day trial because their accounts are looking like shit...
The owner of the robot doesn't disconnect the EA during December and January as evidenced by the account - why would he suggest others do?
As Vladrac stated there are varying opinions on the matter. I backtested the EA and the only periods that I avoided are the week before and the week after, i.e. the two week period that a lot of people are on holidays for. Backtest data supports this decision. I also mentioned that if you look at previous histories both volume and ATR indicators do not support the commonly held belief that you should not trade in December and January. Maybe the Ea author is in my camp - i.e. those people that use historic information to make decisions rather than relying on commonly held beliefs.
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.
Jan 15, 2015 at 09:27
Member Since Jul 31, 2012
210 posts
Well, he did lose almost 20% (on a fixed lot size I have to say) in December and till mid Jan he is down 7%.
So, the commonly held belief so far was right at the point wasnt it?
Cheers,
Vlad
So, the commonly held belief so far was right at the point wasnt it?
Cheers,
Vlad
stevetrade posted:walteremslie posted:
Why didnt the owner of this robot then tell us here in a clear message NOT to run it in december and Jan... He knows the logic... So anyone who purchased in november does not benefit from a 60 day trial because their accounts are looking like shit...
The owner of the robot doesn't disconnect the EA during December and January as evidenced by the account - why would he suggest others do?
As Vladrac stated there are varying opinions on the matter. I backtested the EA and the only periods that I avoided are the week before and the week after, i.e. the two week period that a lot of people are on holidays for. Backtest data supports this decision. I also mentioned that if you look at previous histories both volume and ATR indicators do not support the commonly held belief that you should not trade in December and January. Maybe the Ea author is in my camp - i.e. those people that use historic information to make decisions rather than relying on commonly held beliefs.
Best regards Steve
vladrac@
Member Since Nov 20, 2014
91 posts
Jan 15, 2015 at 12:32
(edited Jan 15, 2015 at 12:35)
Member Since Jul 31, 2012
210 posts
Holy F..K
And now he is down 17% in Jan.... in the main account
And BLEW UP his other account with much more $ on it... Seems like the end of this EA...
And Frankly speaking... start thinking of playing the opposite trades now ;)
And now he is down 17% in Jan.... in the main account
And BLEW UP his other account with much more $ on it... Seems like the end of this EA...
And Frankly speaking... start thinking of playing the opposite trades now ;)
zek132 posted:
Second account totally killed on the swiss news, kind of sad...
vladrac@
Jan 15, 2015 at 12:35
(edited Jan 15, 2015 at 12:36)
Member Since Jul 31, 2012
210 posts
Before he removes it from the myfxbook, stays the record....
almost 1/2 a MIL gone in 1 day...thats epic
almost 1/2 a MIL gone in 1 day...thats epic
vladrac@

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