Forexpulse KeltnerPRO – Forex Expert Advisor
Keltner PRO is a multicurrency Expert Advisor that trades on the news. The robot enters the market at the first sign of price fluctuations. Each transaction is accompanied by its own stop-loss and take-profit. The Expert Advisor can place several deals simultaneously, the maximum number of simultaneously executed deals is set in the settings, the number of simultaneous deals recommended by the developer is equal to three. Thanks to the ability to make several deals at once, the Expert Advisor has the advantage of losing only one deal in case of an unexpected price reversal. But if the price moves in the right direction, the Expert Advisor opens several more deals.
KeltnerPRO – detailed information
| Worker | Keltner |
|---|---|
| Executive class | Short- and medium-term |
| Type of Expert Advisor | trend |
| Size of the lot | no less than 1000 pips for 0.1 of the standard lot |
| Size of deposit, $ | 100 |
| Hand | 100 |
| Timeframes | M15 (EURUSD) & M5 (other pairs) |
| Strategies | scalping |
| Indicators | your own indicators |
| Recommendationed brokers | IC Markets, FxPro, Fort Financial Services |
| Pair tool/forex | EURUSD, USDCHF, GBPUSD, NZDUSD |
| Yield, % p.a. | 73.38 |
| Max. drawdown, % p.a. | 35.39 |
| Rating | 7.1 |
| Autonomous account type | |
| Indicator | |
| Multiple use | |
| Free use | |
| Mini deposits | |
| Maximum risk limit | |
| ECN | |
| NDD | |
| Many series in one direction | |
| Automatic start lot | |
| Fixed stop-loss | |
| Fixed Take Profit | |
| Automatic shoulder | |
| Created, year | 2015 |
What is a Forex Expert Advisor?
In connection with the popularization of automated trading, many investors ask themselves what is a Forex Expert Advisor? First of all, it is a special program required to manage the trading process automatically, i.e. without the trader’s participation. A trader invests in the robot in advance, a kind of algorithm, the conditions on the basis of which the subsequent market activity is carried out.
How do forex advisors work?
When you trade manually, you need to analyze the market yourself, take into account the forex forecast for the current day, forex news and choose the entry points to the market. However, it is also possible to trade automatically, using special programs that do most of the work for a trader – forex advisors.
Why shouldn’t beginners trade with Forex Expert Advisors?
Trading involves obtaining a great deal of knowledge – understanding the functioning of the market and various nuances, including the ability to apply technical and fundamental analysis. Forex Expert Advisors, i.e. the programs used for automatic trading, cannot help it.
