In this post I will be reviewing the Keltner Pro Forex Robot. Keltner Pro is a fully automated forex trading system for use on the free MetaTrader 4 trading platform. As the name suggests, the strategy is built around keltner channels but don’t not worry if this does not make sense to you, the Keltner Pro Forex Robot comes with a quick and easy to understand setup guide so you can have it running on MetaTrader 4 within minutes without needing to understand the actual system used within the code. Therefore, it is suitable for both novice and more advanced traders. The website has live verified by MyFxBook trading results showing more than 5,000% in profit gains which adds validity to the developer’s claims of just how profitable this particular forex robot actually is. Multiple live statements on the website also show gains ranging from 100%, 1,000% to 5,000% depending on the duration of the trading activity. A fraction of those sorts of gains would be more than enough to make plenty of account gains without doing anything as Keltner Pro handles all the trading for you.
Keltner Pro Trading Strategy
The automated trading system incorporated into the robot uses the accuracy of keltner channels with some unique customisations to these channels. Keltner channels are very well respected indicators used for price/chart analysis that are based on volatility envelopes that are placed above a specified moving average. Average True Range (ATR) is used to set the distance of the channels thus ensuring they are dynamic and a reflection of the current market conditions. Keltner channels are primarily used to identify reversals with a breakout of the channels in the channel direction. Keltner Pro will lock in profits at the best possible opportunity and trigger a trailing stop to manage the trade. The Keltner Pro Forex Robot made over $110,000 in just 3 months according to the developers which is a fantastic return and validates the accuracy of using keltner channels with sound money management principles. On average a winning trade is twice the size of a losing trade giving a respectable 1:2 risk to reward ratio.
Keltner Pro Back Testing
There are no back tests published on the website but they are not necessarily required as the developer has published live results for all to see and review the performance over a long period of time.
Keltner Pro Live Results
Keltner Pro Summary
The Keltner Pro Forex Robot can be up and running on your account in minutes – a simple download, install and run process makes this forex robot accessible to everyone. Overall Keltner Pro has a low risk with high rewards and that is without incorporating any risky martingale, grid or hedging strategies. It runs on 5 currency pairs: EURUSD, GBPUSD, AUDUSD, NZDUSD and USDCHF. Keltner Pro comes with a 60 day money back guarantee, dedicated support and free updates for life. If you are impressed by forex robots with live verified trading results then be sure to visit the Keltner Pro website.