New EA Keltner EA Version 3 - Proven Low Risk Monthly 20% EA

EUtest
70 %
01/01/2019 31/12/2019
Lot 0.05
Second bars 24
TP 370
Trail True
Aut Lot false
Kc Breakout 77
Kc Nonbreakout 7

EUgraff

 

Keltner channel is a popular indicator and works like as Bollinger band
has three line upper, middle and bottom line, as dynamic support resistance

 

Thanks for sharing....

 

https://www.investopedia.com/terms/k/keltnerchannel.asp

 

Hi,
I am testing the EA and I found the EA needs a magic number to separate it from other EAs on the same MT4 platform.

 

Its perfect...

 

Thats for, exactly its designed. I need your further suggestions for improvements. Thanks for your Backtest with 99.9% tick data.

 

Dear All, Try this EA in multiple uncorrelated pairs to maximize the profits.

 

Nice expert, but you need 2 thing: low swap and a lot of patience ... because in some case it needs a long time (upto 6 months or more) until the maket is comming back to tp

 

It doesn't trade often. No trade yet. I will wait patiently.

 

I am working again on making the EA faster to make orders and tradde safely.

 

Can you please add a stoploss option?
Thank you.

 

Dear All, I have tested the EA for the past 2 weeks in a real account. The account was previously with -20 USD floating with another EA.

With the New EA installed in the account, it improved better and now the profit making started.

See the real account. : https://www.mql5.com/en/signals/682330

 

and where is the new EA?

 

See in the first page

 

The Keltner EA Posted 3 consecutive Orders which hit the Take Praofit and it changed the negative curve to the green positive curve of profit making.

https://www,mql5.com/en/signals/682330

Its a Real Account.

 

Hi, i finished testing all USD major pairs (AUD/EUR/CAD/CHF/JPY/NZD) with 99.90% tick data . The results are looking so good and stable . it took me more than 8 hours for each pair to finish .
But without magic number control there is no way to test it demo or live .
Thanks .

 

Many thank for your work. I think the ea has no stoploss So if the market it is going against the trade, it could be possible you have to wait some months until you go in profit. Meanwhile the swap may be "eating" your profit.

 

No at all 'Joer Kappler' . Yes there is no stop-loss but the EA will close according to its signal so if its running always there is no problem . Also as you can see from the attached EURUSD analyzed charts most trades took only 5 minutes (trades by duration chart) , also (profit loss by trade duration chart) shows most trades will close at profit within 4 days .
from my own experience this EA looks promising but need extra Live test to approve it . So i advice the author to provide another version with magic number control for forward testing .
Thanks .

 

I am so happy about your Backtestings. I will do all necessary to make it more profitable in live account.