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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
forex_trader_67253
Member Since Feb 26, 2012
92 posts
Mar 11, 2015 at 11:16
Another question to Jared. The KeltnerPro manual says:
"MaxOpenOrders- This is the maximum number of trades that will be open at one time per
Chart. No new trades will be open by the version in question if this number is met.
If you have multiple charts open, each chart will be allowed to open 3 simultaneous trades."
I have three open charts: EURUSD, AUDUSD, and GBPUSD. I would like the bot to open a max of 4 orders on EURUSD and a max of 3 orders on AUDUSD and GBPUSD each. Do I set MaxOpenOrders for EURUSD to 4 and for AUDUSD and GBPUSD to 3 while leaving the magic number the same for all three charts? Or should the magic numbers be different for each chart?
"MaxOpenOrders- This is the maximum number of trades that will be open at one time per
Chart. No new trades will be open by the version in question if this number is met.
If you have multiple charts open, each chart will be allowed to open 3 simultaneous trades."
I have three open charts: EURUSD, AUDUSD, and GBPUSD. I would like the bot to open a max of 4 orders on EURUSD and a max of 3 orders on AUDUSD and GBPUSD each. Do I set MaxOpenOrders for EURUSD to 4 and for AUDUSD and GBPUSD to 3 while leaving the magic number the same for all three charts? Or should the magic numbers be different for each chart?
forex_trader_67253
Member Since Feb 26, 2012
92 posts
Mar 11, 2015 at 11:18
Jared, if I choose to have a different max number of trades per chart, do the magic numbers for each chart have to be different or the same?
Member Since May 20, 2011
694 posts
Mar 11, 2015 at 13:12
marran posted:Yeah I felt the same way but this is really just a long term EA, Im going to use again but lower risk and hold out for long term.
I am beginning to loose faith in this EA i have had nothing but rubbish results so far
Member Since May 08, 2014
49 posts
Mar 11, 2015 at 15:44
btanalysis posted:
Another question to Jared. The KeltnerPro manual says:
"MaxOpenOrders- This is the maximum number of trades that will be open at one time per
Chart. No new trades will be open by the version in question if this number is met.
If you have multiple charts open, each chart will be allowed to open 3 simultaneous trades."
I have three open charts: EURUSD, AUDUSD, and GBPUSD. I would like the bot to open a max of 4 orders on EURUSD and a max of 3 orders on AUDUSD and GBPUSD each. Do I set MaxOpenOrders for EURUSD to 4 and for AUDUSD and GBPUSD to 3 while leaving the magic number the same for all three charts? Or should the magic numbers be different for each chart?
All of the charts work independently of each other, so you can leave the magic number the same and you won't run into any issues.
Member Since May 08, 2014
49 posts
Mar 11, 2015 at 15:44
marran posted:
I am beginning to loose faith in this EA i have had nothing but rubbish results so far
Care to share your results so I can take a look?
forex_trader_67253
Member Since Feb 26, 2012
92 posts
Mar 11, 2015 at 22:15
Thanks for your response, Jared. Why don't you run KeltnerPro on EURUSD with MaxOpenOrders=5? My tick data backtest drawdown with this value since 01.01.2010 until present is the same as with the default MaxOpenOrders=3, yet the profit is much bigger and the profit factor is higher.
Member Since May 20, 2011
694 posts
Mar 11, 2015 at 23:03
btanalysis posted:More risk , that is curve fitting bro
Thanks for your response, Jared. Why don't you run KeltnerPro on EURUSD with MaxOpenOrders=5? My tick data backtest drawdown with this value since 01.01.2010 until present is the same as with the default MaxOpenOrders=3, yet the profit is much bigger and the profit factor is higher.
Member Since Mar 22, 2010
30 posts
Mar 12, 2015 at 07:18
FXtrader2010 posted:btanalysis posted:More risk , that is curve fitting bro
Thanks for your response, Jared. Why don't you run KeltnerPro on EURUSD with MaxOpenOrders=5? My tick data backtest drawdown with this value since 01.01.2010 until present is the same as with the default MaxOpenOrders=3, yet the profit is much bigger and the profit factor is higher.
If that is curve fitting, then I can't reasonably expect the same win-loss ratio of roughly 50/50 for this EA in the future?
Member Since May 08, 2014
49 posts
Mar 13, 2015 at 11:43
forexstriker posted:FXtrader2010 posted:btanalysis posted:More risk , that is curve fitting bro
Thanks for your response, Jared. Why don't you run KeltnerPro on EURUSD with MaxOpenOrders=5? My tick data backtest drawdown with this value since 01.01.2010 until present is the same as with the default MaxOpenOrders=3, yet the profit is much bigger and the profit factor is higher.
If that is curve fitting, then I can't reasonably expect the same win-loss ratio of roughly 50/50 for this EA in the future?
Keltnerpro was never curve fitted. The results you have seen the past year were not the result of optimizations, but more the result of an effective strategy.
forex_trader_67253
Member Since Feb 26, 2012
92 posts
Mar 13, 2015 at 11:59
keltnerpro posted:forexstriker posted:FXtrader2010 posted:btanalysis posted:More risk , that is curve fitting bro
Thanks for your response, Jared. Why don't you run KeltnerPro on EURUSD with MaxOpenOrders=5? My tick data backtest drawdown with this value since 01.01.2010 until present is the same as with the default MaxOpenOrders=3, yet the profit is much bigger and the profit factor is higher.
If that is curve fitting, then I can't reasonably expect the same win-loss ratio of roughly 50/50 for this EA in the future?
Keltnerpro was never curve fitted. The results you have seen the past year were not the result of optimizations, but more the result of an effective strategy.
Why don't you then run it on EURUSD with MaxOpenOrders=5 which shows almost the same drawdown as with MaxOpenOrders=3 yet far higher profits and profit factor?
Member Since May 20, 2011
694 posts
Mar 13, 2015 at 12:03
btanalysis posted:Ok bro I will test it live. cheerskeltnerpro posted:forexstriker posted:FXtrader2010 posted:btanalysis posted:More risk , that is curve fitting bro
Thanks for your response, Jared. Why don't you run KeltnerPro on EURUSD with MaxOpenOrders=5? My tick data backtest drawdown with this value since 01.01.2010 until present is the same as with the default MaxOpenOrders=3, yet the profit is much bigger and the profit factor is higher.
If that is curve fitting, then I can't reasonably expect the same win-loss ratio of roughly 50/50 for this EA in the future?
Keltnerpro was never curve fitted. The results you have seen the past year were not the result of optimizations, but more the result of an effective strategy.
Why don't you then run it on EURUSD with MaxOpenOrders=5 which shows almost the same drawdown as with MaxOpenOrders=3 yet far higher profits and profit factor?
forex_trader_67253
Member Since Feb 26, 2012
92 posts
Mar 13, 2015 at 19:50
FXtrader2010 posted:btanalysis posted:Ok bro I will test it live. cheerskeltnerpro posted:forexstriker posted:FXtrader2010 posted:btanalysis posted:More risk , that is curve fitting bro
Thanks for your response, Jared. Why don't you run KeltnerPro on EURUSD with MaxOpenOrders=5? My tick data backtest drawdown with this value since 01.01.2010 until present is the same as with the default MaxOpenOrders=3, yet the profit is much bigger and the profit factor is higher.
If that is curve fitting, then I can't reasonably expect the same win-loss ratio of roughly 50/50 for this EA in the future?
Keltnerpro was never curve fitted. The results you have seen the past year were not the result of optimizations, but more the result of an effective strategy.
Why don't you then run it on EURUSD with MaxOpenOrders=5 which shows almost the same drawdown as with MaxOpenOrders=3 yet far higher profits and profit factor?
I'd wait till the vendor explains why he doesn't do it himself.
Mar 16, 2015 at 20:27
I haven´t been looking in Jareds chart for a while, because for me there is no profit since october 2014, so it´s boring. But today i saw a big jump up form 6th march to 7th march....
In my account there was nothing. Did anybody have this jump?
In my account there was nothing. Did anybody have this jump?
The differenece between who your are and who you would like to be be is what you do
forex_trader_67253
Member Since Feb 26, 2012
92 posts
Mar 16, 2015 at 20:31
ricki72 posted:
I haven´t been looking in Jareds chart for a while, because for me there is no profit since october 2014, so it´s boring. But today i saw a big jump up form 6th march to 7th march....
In my account there was nothing. Did anybody have this jump?
I did with Tickmill. What broker are you with?
forex_trader_67253
Member Since Feb 26, 2012
92 posts
Mar 16, 2015 at 21:08
ricki72 posted:
Activtrades...
and i have entry_filter and breakeven set to true.
it always brought me better results than on Jareds account.
Makes me wonder why Jared himself keeps them set to "false".
On another note, ActivTrades has rather high spreads. Far higher than Jared's broker SynergyFX or mine - Tickmill.
Member Since Apr 25, 2013
102 posts
Mar 17, 2015 at 01:05
Hey Jared... Could you please replay to the latest questions/doubts directed towards you?... Like: "I'd wait till the vendor explains why he doesn't do it himself", "makes me wonder why Jared himself keeps them set to false", etc...
Patience, focus and self-control to win the game with diligence.
