KeltnerPRO - Jared 토론

Sounds interesting and probably something that could be coded.
Best regards Steve

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

I favor hiding the SL and TP prices from the vendor.
It works with a small step taken, with a big stride in our favor.
Hopefully the vendor will do this.

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.

Is anyone able to access Keltner Pro's site?

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 am gonna give it a couple of weeks more, if it goes on like that I will ask for refund.

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.

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... 😎

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?

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.

BigSteve posted:
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.

Hi,
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,

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)

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.

BigSteve posted:
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.

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

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...

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

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

Its another beautiful day in the neighborhood....