FX ROBOTS

⭐ KELTNER PRO REVIEW

Foreign Exchange Robot: KeltnerPRO

Software Programmer: Jared Rybeck

Scalping: Scalping 5 pairs on M5 and M15 charts

Forex Pairs: EURUSD, GBPUSD, AUDUSD, NZDUSD and USDCHF

Trading Platform: MetaTrader-4 (build 600 or later)

License: 1 Real Account License / Lifetime updates

Pricing: 199 USD for a Partial License or 499 USD for a Lifetime License

📋 INTRODUCTION TO KELTNER PRO

KeltnerPRO is a fully automated Forex trading system that scalps five currency pairs across two timeframes: the M5 chart for EURUSD and the M15 chart for the remaining pairs. The system operates exclusively on MetaTrader-4 and averages one trade per day. It is programmed with a focus on long-term success, trading selectively by design. While some traders may view this selectivity as a drawback, others consider the potential for consistent long-term profitability a top priority. KeltnerPRO can run on any PC with a stable internet connection, though the developers recommend using 24/7 VPS hosting for optimal performance.

⚙️ KELTNER PRO ALGORITMH

The KeltnerPRO algorithm is based on the principles of Keltner Channels—a technical analysis indicator that uses a moving trend model, originally developed in the 1960s by Chester Keltner. Initially applied in commodities trading, the Keltner Channels are now utilized by KeltnerPRO to trade within the channel range, using price reversals and executing selective trades. The average profit per trade is approximately 30 pips.

All trades are opened at the beginning of a new bar, using dynamic take-profit and stop-loss orders. KeltnerPRO also incorporates trailing stops through a system called Positive Profit Flow Lock (PPFL).

The Expert Advisor is programmed to trade five (5) Forex pairs across multiple timeframes. To ensure optimal results, the system must be configured as follows:

• M15 Chart: EURUSD
• M5 Chart: GBPUSD, AUDUSD, NZDUSD, USDCHF

KeltnerPRO executes an average of 30 trades per month. It is designed to act only when a strict set of rules and conditions are met, which means it may remain inactive for an entire week and then execute 5–6 trades in a single trading day.

🔧 KELTNERPRO PARAMETERS

• KeltnerPRO offers the following parameters (default settings are automatically entered)
• StartingLot –Enters the value of a fixed lot number for every trade. Note that the system will only apply a fixed-sized lot if the parameter Increasing_Lot is FALSE.
• Increasing_Lot –(TRUE/FALSE) If TRUE enable the KeltnerPro Money management system (TRUE by default).
• Risk Parameter – The Risk Parameter sets the number of lots that can be traded based on the Live Account’s balance. The default setting for RISK is 0.05 which means that the system will trade 5% of your total account balance in every single trade.  
• Slippage – This parameter sets the maximum allowed slippage by the EA. That means if the slippage of your Forex broker exceeds this value the trade will be canceled by KeltnerPro.
• MaxOpenOrders – Sets the maximum number of trades that may be opened per chart simultaneously.
• Magic Number – This parameter forces KeltnerPro to identify and manage only its own trades. That is useful for trades executing manual and automated trades in the same live account. 

✅ KELTNER PRO REVIEW PROS

◘ Easy-to-use Forex Robot with installer and default settings included

◘ KeltnerPRO can run on any live account size; however, the developers recommend a minimum balance of $200

◘ The system is programmed to trade with a Reward/Risk Ratio of 2, meaning the profit potential is twice the loss potential

◘ KeltnerPRO is continuously updated at no additional cost

◘ KeltnerPRO has demonstrated consistently positive long-term performance

◘ Includes a 2-month money-back guarantee (secured by ClickBank)

◘ The KeltnerPRO team provides 24/7 customer support via email

❌ KELTNER PRO REVIEW CONS

◘ KeltnerPRO Full License is pretty expensive to buy

◘ The Expert Advisor is designed to trade very selectively and may not execute many trades during a certain period if the conditions are not met

💭 KELTNER PRO REVIEW CONCLUSIONS

The algorithm behind the EA system is quite innovative, based on the Keltner Channels. The Expert Advisor trades selectively, executing only when specific conditions and rules are met. This means you might see an entire week without a single trade, followed by 5–7 trades executed in a single day. KeltnerPRO is designed for long-term profitability. Traders looking to get rich quickly should consider other automated Forex software, as KeltnerPRO is not built for short-term gains. Overall, KeltnerPRO is a compelling system, priced at $199 for a Partial License and $499 for a Lifetime License. A full refund is available within 60 days if you are not satisfied with the system.

◙ KELTNER PRO REVIEW

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