KeltnerPRO - Jared Diskussion

No idea what this correlation is about.

ONe thing I know since Ive been following this EA since 2014 is that it works, but it can be way better ;)

Here's a plot of a small mod I made to the keltner , in RED the original, in BLUE the modified

Note both are taken for the exact same period , the BLUE one, just dont take the same bad trades due to the modification. So, analyze each line individually in time - What was the max gain, what was the maximum DD? And considering you took less trades, you paid less commissions too ;)

And tell me, would you like to know this secret ;)

If yes, mail me vladrac at gmail . com

And this is just 1 mod impact on the EA, higher gain, less DD, meaning, you can now trust it and even go for higher risk per trade.

Cheers,
Vlad

Btw, each graph represents the gains for a different Currency pair.

After applying the first Filter...if I then apply the second one on top. the total diff is 50% more performance on top of this one.

Again, all you need is to use this EA wisely ;)

And yes, I have proof for this 600+ pip diff in the same period ;)

Cheers,
Vlad

Excellent comments all. In my recollection the EA would not trade until late in the move, I guess as a way to filter out noise. At the same time a lot of the move would be lost. For me with FXCM NZD/USD worked well and it tended to move on Monday night/Tuesday morning. Other people did not find this. In that huge move last January 2015 in the CHF(Swiss franc) Keltner traded it the right way but the broker did not allow the trade to go through. That is one of the reasons I stopped using FXCM.

ckdorgay posted:
Excellent comments all. In my recollection the EA would not trade until late in the move, I guess as a way to filter out noise. At the same time a lot of the move would be lost. For me with FXCM NZD/USD worked well and it tended to move on Monday night/Tuesday morning. Other people did not find this. In that huge move last January 2015 in the CHF(Swiss franc) Keltner traded it the right way but the broker did not allow the trade to go through. That is one of the reasons I stopped using FXCM.

Sometimes I go back and forth with the idea...should I even bother commenting ...

Anyway...if you were here back when the SNB made that mess, your friend Jared had 2 accounts.

One was blown up, the other survived and thats the one you see here.

The other started with 50K, and was at 500K , and it was all gone.

Also, when you analyze the performance of this or any other EA, consider the raw numbers. Jared has been changing his lot sizes without any defined criteria as far as I know.

So you will never be able to replicate his performance on a back test, unless you do it with multiple periods chg the lots...but what will your lots be in the future?

Did you notice that the EURUSD had a drop of over 1000pips in this EA? And that the GU had around 500 pips drops?

Whats the lot size you will use to survive this drop?

EU,GU,NU,UChf, they all behave quite differently...

AU,NU, if you ever stop to watch how they behave during news...you will see that after the News event in 5min 90% of their move is done. So there's no way to catch it with this EA which only trades after 5min or 15min (EU).

And gambling back with any CHF pairs...is a risk I would never ever take.

But what do I know.

Anyway, here's a graph of the EU, showing the pip performance of the original KT (DD almost 1000pips) and a modified in blue (dd < 400 pips) with almost 60% of the trades filtered-out by 2 criteria.

Cheers,
Vlad

Just again for anyone dreaming with 3 ou 4 digit % profits!!!

Did you notice he traded ALL-IN in the first day?

he had a 5min EUR and a 15min EUR running with full lots for a total of over 24 lots which after his initial lost on the AU,
he start from 5500USD to a gain of 5888!!!

E.g. he doubled his money in a gamble act in his first event.

I still wonder how many 6000 accounts he blew before this one.

Still, its a good idea, with a somewhat decent coding. But just STOP DREAMING of getting any results as this, unless you are willing to RISK ALL-IN as well.

Cheers,
Vlad

ckdorgay posted:
In that huge move last January 2015 in the CHF(Swiss franc) Keltner traded it the right way but the broker did not allow the trade to go through. That is one of the reasons I stopped using FXCM.

@ckdorgay you seem to blame FXCM for your trade not going through during the EUR/CHF flash crash of January 2015.

In fact, that was due to the extreme market dysfunction resulting from the SNB's irresponsible and unforeseen announcement to completely remove the 1.2000 CHF floor. Note that you were trading on FXCM's No Dealing Desk (NDD) forex execution where each of your orders is individually offset with the best prices from competing liquidity providers: https://bit.ly/1mbpmtH

On our NDD model, we do not profit from your losses, or lose from your profits. Therefore, FXCM wants all your orders to go through, so we can profit from your trading volume. That said, for FXCM's execution system to function efficiently and effectively, the institutional market must provide prices and executable liquidity.

As FXCM is given prices and liquidity from liquidity providers, the firm executes every client's FX trade back to back with the liquidity providers. However, the SNB's actions on January 15 caused the firm's liquidity providers to cease providing pricing during the event, which ultimately resulted in you trade not going through. See the video below for more details.

jasonrogers posted:

ckdorgay posted:
In that huge move last January 2015 in the CHF(Swiss franc) Keltner traded it the right way but the broker did not allow the trade to go through. That is one of the reasons I stopped using FXCM.

@ckdorgay you seem to blame FXCM for your trade not going through during the EUR/CHF flash crash of January 2015.

In fact, that was due to the extreme market dysfunction resulting from the SNB's irresponsible and unforeseen announcement to completely remove the 1.2000 CHF floor. ...

Wow, thats nice to know that brokers are monitoring each single post with their names on it. ;)

vladrac posted:

jasonrogers posted:

ckdorgay posted:
In that huge move last January 2015 in the CHF(Swiss franc) Keltner traded it the right way but the broker did not allow the trade to go through. That is one of the reasons I stopped using FXCM.

@ckdorgay you seem to blame FXCM for your trade not going through during the EUR/CHF flash crash of January 2015.

In fact, that was due to the extreme market dysfunction resulting from the SNB's irresponsible and unforeseen announcement to completely remove the 1.2000 CHF floor. ...

Wow, thats nice to know that brokers are monitoring each single post with their names on it. ;)

Same thing i was thinking brokers all over this EA

slayeraeb posted:

vladrac posted:

jasonrogers posted:

ckdorgay posted:
In that huge move last January 2015 in the CHF(Swiss franc) Keltner traded it the right way but the broker did not allow the trade to go through. That is one of the reasons I stopped using FXCM.

@ckdorgay you seem to blame FXCM for your trade not going through during the EUR/CHF flash crash of January 2015.

In fact, that was due to the extreme market dysfunction resulting from the SNB's irresponsible and unforeseen announcement to completely remove the 1.2000 CHF floor. ...

Wow, thats nice to know that brokers are monitoring each single post with their names on it. ;)

Same thing i was thinking brokers all over this EA

Nah...brokers cant do anything to stop an EA from working ;)

big jump today best EA I cant find better robot but I agreed need same filter for bad trades or accept this 😄

thats a joke, opening trades when there's abs no news event, really?!!!

were all those losses caused by the spike (i.e. fat finger)? I wonder if this account will be turned on during Brexit vote, SNB did well for this account but wiped out the IC markets account since deleted. If pound drops 20% as some pundits predict wonder if similar false ticks come though and it's another black swan event.

It would be pure insanity if not.

But then again, have you ever in your trading life, seen anyone keeping 500K in profit into a broker account?

Frankly speaking I hardly doubt this money is real.

Cheers,
Vlad

vladrac posted:
It would be pure insanity if not.

But then again, have you ever in your trading life, seen anyone keeping 500K in profit into a broker account?

Frankly speaking I hardly doubt this money is real.

Cheers,
Vlad

500k is a mere drop in the ocean pal. We are trading a 5+ tril market here, I know accounts well in the millions with mt4 brokers, so keep wearing your tinfoil hat.

vladrac posted:
It would be pure insanity if not.

But then again, have you ever in your trading life, seen anyone keeping 500K in profit into a broker account?

Frankly speaking I hardly doubt this money is real.

Cheers,
Vlad

if it was just on synergy I would agree, as we know all the Doug Price systems were scams on Synergy, however I do remember the other account for this system was on Ic Markets. However yes strange not to have made large withdrawals to protect this account's earnings... However Vlad you yourself have been able to mod this EA to make it more profitable from previous posts I believe?

Yes, but there's a lot of modifications some very obvious ones as I said back in the black swan day (read the posts if you still care)

I trade the same logic and it wins 80% if you have big enough SLs and you are not just blindly entering at fixed intervals (5min, 15min) or when there's no fundamentals behind it.

Understand the basics...this EA is based on KT channel BO, at 6am the channel was what? 5-10pip large? Any little bump would be a BO, but, trading after a 180move that was caused by pure GBP Brexit insanity that retracted in the next 1min bar over 70pips and 5min later another 30pips, just because your Keltner Channel cannot react properly to such a move, its at minimal stupid.

Forget about using this EA as it is. Do yourself a favor.

Cheers,
Vlad

Yes, I forget to use this EA as it is, I will buy a second licence. With a little of good sense and logic......
Cheers
Xam

This post may be challenged but there appears circumstantial evidence that this system may be decaying at a predictably constant rate:

WinRate/100T = Win rate per 100 trades.