KeltnerPRO Review Introduction
Trading Idea
A super simple twist on Keltner Channels; a tool used to identify reversals with channel breakouts and channel direction and can also be used for identifying overbought and oversold levels from another strategy that was previously created. This idea is based on a book called "How to Make Money in Commodities", by Chester Keltner. KeltnerPRO is entirely automated.It trades using baskets with a limited amount of trades achieving good profit on average 30+ pips, the positions are entered at the bar open with dynamic StopLoss and TakeProfit values.
KeltnerPRO Criteria
Refund policy
60 day Money back guarantee.
License
KeltnerPRO software with easy installer (All settings included) + Updates for life + Money management system.NFA compliance
Yes.
Support
Detailed manual with pictures to assist in installation + Full Support for 5 currency pairs + 24/7 E-mail support.
Compatible Brokers
All, whil we recommend installing it on TradingFX VPS Forex VPS and Using it on IC Markets Forex brokers for the best stability and profitability.
EXTRA Guarantee
Double the reward trade management + 1 Year profit warranty (1 with 2 option profit warranty).
Supported Currency Pairs
EURUSD, GBPUSD, AUDUSD, NZDUSD and USDCHFMetaTrader Chart Timeframe
All3rd Party Verified Live Trading Results
These are verified real money accounts by MyfxBook that ran on complete auto-pilot.
Strategy
A super simple twist system on Keltner Channels which is a tool used to identify reversals with channel breakouts and channel direction and can also be used for identifying overbought and oversold levels from another strategy that was previously created.
This is based on the trading ideas discussed in a book called "How to Make Money in Commodities", by Chester Keltner.
The robot applies a dynamic Stop Loss and Take profit, what means that they are trade dependable and change according to every trade situation, but usually, the Stop Loss will be half of the Take Profit and this means that each win will be much larger than each loss.
The average trading rate of the robot is about 30 times / month or one trade a day and it usually trades in groups which may result in several successive days or even weeks without positions being opened while you may also find it opening 10 positions in a single day, it's sensitive to a very specific set of conditions which if met the robot starts to trade.
Bottom Line
Jared Rybeck, the software developer, has published some important criteria about his product:
- It's a fully automated Forex Robot that works only on MetaTrader4 (MT4) platform and not designed for Binary Options.
- Although it's recommended to run it on a Virtual Private Server (VPS) due to internet connection problem possibilities, this is not mandatory.
- While it can run on any account size, a recommended minimum account balance is $200, and as mentioned above, it can work on any broker of your choice.
- The final best version is what he is really distributing, there are no upsells.
Promotional Video (by the Vendor)
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[Last Modified On Fri, 12 Sep 2014]Talk about KeltnerPRO
Information, charts or examples contained in this review article are for illustration and educational purposes only. It should not be considered as an advice or endorsement to purchase or sell any security or financial instrument. We do not and cannot give any kind of financial advice. No employee or persons associated with us are registered or authorized to give financial advice. We do not trade on anyone's behalf, and we do not recommend any broker. On certain occasions, we have a material link to the product or service mentioned in the article. This may be in the form of compensation or remuneration.
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Risk
Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.
Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.