KeltnerPro – profitable multicurrency EA
KeltnerPro is multicurrency EA that trades around the clock in five different currency pairs and timeframes sufficiently low. Its distinguishing feature is the work in the direction of the trend in order to enter the very large movements. In this review we will test its on several currency pairs and select the optimal set for a steady yield.
Сharacteristics of KeltnerPro
- Platform: Metatrader4
- Currency pairs: EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCHF
- Trading Time: Around the clock
- Timeframe: M15/M5 (M15 for EURUSD, M5 for GBPUSD, AUDUSD, NZDUSD, USDCHF)
- Current EA version: initial release
- Recommended broker: Alpari, Roboforex
KeltnerPro refers to the trend robots that trade with high volatility. Way trade: entry into the trend for large movements. If the price is greater than the maximum value for a given period by a certain amount, the EA opens a long position; similarly for short position - if the price is less than a certain minimum value, the EA opens a short position. KeltnerPro can do a lot of small orders, which will not be successful, but in great movements the main profit is earned. The expert does not use the methods of averaging in the losses such as the martingale, and a stable trading EA, designed for long-term performance.
Live forward tests of KeltnerPro
Backtests made for each pair separately because Metatrader 4 platform does not allow multi-tests.
Moderate risk: Increasing_Lot = true; Risk = 0.1; MaxOpenOrders = 3
Aggressive trading: Increasing_Lot = true; Risk = 0.2; MaxOpenOrders = 7
Conclusion: Advisor to 4 pairs show profit growth without serious drawdowns. However, we must be prepared for the fact that for a long time cans profitability of KeltnerPro "mark time". On a pair USDCHF there was a loss of deposit, so this pair is better to exclude from the trading portfolio.
Description of settings
- StartingLot - fixed value of the lot
- Increasing_Lot - enable / disable the automatic lot by the percentage of risk on the balance of
- Risk - risk size on the balance of
- Comment - comment to orders EA
- Magic Number - magic orders this pair
- Slip - maximum allowable slippage in which orders will be issued
- MaxOpenOrders - the maximum number of open orders for this pair
Warning! Do not change anything in the KeltnerPro parameters and use only the recommended values, if not exactly understand what you are doing!
KeltnerPro is a stable forex trading robot, the use of which in the appropriate pairs safely for long periods. However, in the short-term profitability may be a long time in the neutral zone, you have to be ready.
For correct work of advisor trading platform should be enabled with the opening of the market on Sunday night before it closed on Friday evening. If you cannot keep your computer in working order 24/5, it is recommended to use Forex VPS ➨ Forex VPS
In the archives KeltnerPro.rar:
- Experts - KeltnerPro.ex4
- Libraries - KeltnerPro.dll
Free Download KeltnerPro