KeltnerPRO - Jared (By keltnerpro)

Pieaugums +5645.75%
Kritums (Drawdown) 58.74%
Pipi: 4744.8
Darījumi 1003
Uzvaras
Zaudēt
Tips Reāls
Kredīta plecs: 1:100
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Diskusija

Jul 11, 2014 at 16:41
47,320 Views
1,325 Replies
Biedrs kopš   239 ieraksti
Jun 08, 2015 at 13:47
profix posted:
Yes, blowing away some hundred thousand dollar in January on your other, now hidden account was quite unprofitable...

this shit on january was broker dependent and was a desaster for all...this is not the fault from the ea !!!!
Biedrs kopš   138 ieraksti
Jun 09, 2015 at 04:32
profix posted:
Yes, blowing away some hundred thousand dollar in January on your other, now hidden account was quite unprofitable...

Not defending anyone here... but lets be realistic, the swiff fiasco earlier this year had nothing to do with this EA. anyone who would have had a open trade on a chf pair would have faced an account blow up. And many brokers f***ed with you.

I had a open trade on usdchf and my account went kaput, and I wasn't running keltner, had a manual trade in there, even though I had stops... the broker still f***ed me.

So lets not blame this EA for what is not it's fault. Even if you take out the huge few profitable months out, this EA is still profitable.
giangian
forex_trader_190177
Biedrs kopš   21 ieraksti
Jun 09, 2015 at 06:41
keltnerpro posted:
giangian posted:
This graph illustrates how a hard SL at 25 pips would cut the greater portion of all losses while retaining nearly all profits:



Jared, can you add it to the bot's settings - at least, as a switchable parameter (true/false)?


What about the trades that have a drawdown that exceeded 25 pips, and ended up closing in Profit?

The trades that KeltnerPro wins big on, are the ones that have a SL that is far greater than 25 pips and sometimes have a drawdown that is also greater than 25 pips.

It is something I will look into for sure, but I imagine it will probably end up cutting down on the profits.

The red arrow below shows a substantial multitude of large losing trades all of which could be eliminated by a hard SL of 25 pips. On the other hand, there have been only 6 trades with MAE>25 which ended up profitable, 3 of them being your rather infamous USDCHF January 15 trades which blew your other live account. On the balance of both the losing and the profitable trades with MAE>25, the losing ones clearly prevail.

So a hard SL at 25 pips will surely end up cutting down on the losses. Again, you can add it to the bot's settings as a switchable parameter (true/false) - then those who won't like it will be able to continue trading without it.


Biedrs kopš   49 ieraksti
Jun 09, 2015 at 13:06
giangian posted:
keltnerpro posted:
giangian posted:
This graph illustrates how a hard SL at 25 pips would cut the greater portion of all losses while retaining nearly all profits:



Jared, can you add it to the bot's settings - at least, as a switchable parameter (true/false)?


What about the trades that have a drawdown that exceeded 25 pips, and ended up closing in Profit?

The trades that KeltnerPro wins big on, are the ones that have a SL that is far greater than 25 pips and sometimes have a drawdown that is also greater than 25 pips.

It is something I will look into for sure, but I imagine it will probably end up cutting down on the profits.

The red arrow below shows a substantial multitude of large losing trades all of which could be eliminated by a hard SL of 25 pips. On the other hand, there have been only 6 trades with MAE>25 which ended up profitable, 3 of them being your rather infamous USDCHF January 15 trades which blew your other live account. On the balance of both the losing and the profitable trades with MAE>25, the losing ones clearly prevail.

So a hard SL at 25 pips will surely end up cutting down on the losses. Again, you can add it to the bot's settings as a switchable parameter (true/false) - then those who won't like it will be able to continue trading without it.



I noticed what you were saying after my initial post. I did however test the code in it's current state with a hard SL of 25 pips on the EURUSD pair.

The issue I ran into is that the way the EA is set up currently, new trades will open up if the conditions still exist at the closing of a trade that proceeds it.

So in theory, if you were to just cut off all those trades that occurred, the profits would be much greater assuming no additional trades were opened, but in reality with the way the EA is currently coded, you would have had an increase in the number of trades, and the loses would actually be greater because those additional trades would have hit the SL. I tested this through backtest to confirm. Profits were about 40% lower over the same timeframe as my live account.

The PauseMinutes feature could come in handy here, but the issue I see, is that the results would just be curve fitted, and would probably not apply to future trades. Curve Fitting is something I have been trying to avoid.

I'm not dismissing the idea, as I'm looking into how I can keep the number of trades consistent while implementing a hard stop loss.

The main issue is, that additional trades that open while the conditions still exist, definitely play into the profitability of KeltnerPro.

Eliminating them entirely, reduces the profits and actually increases the drawdown. So it's a very tricky situation.
TradeNew
forex_trader_205742
Biedrs kopš   70 ieraksti
Jun 09, 2015 at 19:50
Got the mail with the update info. Jared could you please tell me which version you are still using on your live account?
New one with the fixed sl or dynamic sl like it was before?
Thanks in advance
Biedrs kopš   49 ieraksti
Jun 09, 2015 at 20:19
TradeNew posted:
Got the mail with the update info. Jared could you please tell me which version you are still using on your live account?
New one with the fixed sl or dynamic sl like it was before?
Thanks in advance

The new feature is not actually a fixed stop loss. It is just a stop loss cap. The Stop loss is still dynamic unless it exceeds the value specified.

The feature was also included in the last version as well, it was just not an external parameter. It was hidden. I just opened it up with this release.

So to answer your question, we've all been using the same version for the last 5 months or so, and will still continue to do so.
TradeNew
forex_trader_205742
Biedrs kopš   70 ieraksti
Jun 10, 2015 at 05:58
keltnerpro posted:
The new feature is not actually a fixed stop loss. It is just a stop loss cap. The Stop loss is still dynamic unless it exceeds the value specified.

The feature was also included in the last version as well, it was just not an external parameter. It was hidden. I just opened it up with this release.

So to answer your question, we've all been using the same version for the last 5 months or so, and will still continue to do so.

Thanks for the info!
Have a nice day

br
Mark
Jun 10, 2015 at 21:04
Keltner Pro is overall and long term the best EA I have ever used since 2008. I only use it and Flex now...
Biedrs kopš   39 ieraksti
Jun 12, 2015 at 08:51
how will the EURO/Greece upcoming crisis affect vortex?

will the eur/usd be switched off?

is there are need to worry/be cautious - we saw what happened to the USD/CHF a few weeks ago

what do you think?
markotrd
forex_trader_210964
Biedrs kopš   15 ieraksti
Jun 17, 2015 at 12:54
No EA open trades reports today on gbpusd? Strange...
Biedrs kopš   138 ieraksti
Jun 17, 2015 at 13:02
I have trades open for GBPUSD
btanalysis
forex_trader_67253
Biedrs kopš   95 ieraksti
Jun 17, 2015 at 20:45
Net losses on FOMC today. Grexit on hold.
markotrd
forex_trader_210964
Biedrs kopš   15 ieraksti
Jun 18, 2015 at 06:38
saaedb posted:
I have trades open for GBPUSD

If i have found the logic of this ea...it's correct open today on gbpusd (profit or loss who know)...why the vendor of this expert have not have open this trades on gbpusd?!
btanalysis
forex_trader_67253
Biedrs kopš   95 ieraksti
Jun 21, 2015 at 16:41
It has been announced that the EU will render its final decision on Greece's fate tomorrow evening: https://www.fxstreet.com/analysis/a-greek-tragedy-hub/2015/06/19/

I would imagine the EURUSD spikes will be wild, whether up or down. Hold tight with Keltner!
btanalysis
forex_trader_67253
Biedrs kopš   95 ieraksti
Jun 22, 2015 at 11:22
Jared, what prompted you to suddenly change the lot size to the minimal 0.01?
Biedrs kopš   49 ieraksti
Jun 22, 2015 at 12:20
The reason you mentioned above.
btanalysis
forex_trader_67253
Biedrs kopš   95 ieraksti
Jun 22, 2015 at 12:21
Well, why? Keltner is known to profit big time on big moves.
markotrd
forex_trader_210964
Biedrs kopš   15 ieraksti
Jun 22, 2015 at 12:50
Vendor EA today open trades with 0.01...i still don't understand why at this time post trades (half cause broker sensitive?) on mybookfx...better stop EA for today or next days...what mean 0.01 with 270k account REAL ?! 😲
markotrd
forex_trader_210964
Biedrs kopš   15 ieraksti
Jun 22, 2015 at 12:52
hmmmm
markotrd
forex_trader_210964
Biedrs kopš   15 ieraksti
Jun 22, 2015 at 12:53
LOL, fear of another 15 jan 2015 ?!...Great 'EA'.

Please, change from EA to MANUAL on your website.
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