Disclaimer

Disclaimer ::Forex is always riskier. My EA will never promise you of, constant
profit for a long time. Due to market volatility, its subject to fail. Use it at your
own Risk. Do invest only the money that you afford to lose . There are 99% of
the traders lose their money in forex due to improper handling of trades.
 Introduction

Dear Forex Traders and my Dear Buyers of this wonderful EA, Greetings to you
all. The EA “Keltner combined V7 EA” is the result of my 10+ years of trials and
analysis of forex trading strategies and now it started yielding its results. There is
a message for those who don't believe Forex Automated Trading, that,
Automated Forex Trading using Robots are possible and its already started
working for you !

The Keltner EA is purely based on the breakout strategy of Keltner

Channels. Its also mixed with few secret technical strategies to make the orders
fall in profits.

In this Guide , I the author of the EA will present to you the complete
installation and set up information about the EA. I wish you all a happy auto
trading with my EA.
 Copy Indicator and Expert in MT4 Folders

The EA is utilizing the parameters derived by the Keltner_Channels and Heiken

Ashi Indicators and they should be placed in the Indicator Folder of MT4. I will
tell you how to copy the Indicators and the expert Advisor (Robot) into that
folder.

1. Download the indicators from this Keltner_Channels.ex4 and Heiken_Ashi.ex4

2. Download the Expert Advisor sent through your email.

3. Copy both the indicator files into the Indicators Folder

4. Copy the Expert file into the Experts Folder

[ See Below to Know the location of Indicators and Experts Folder ]

To know the MT4 Folder,

A) Click File—> Open Data Folder

B) Click
MQL4— >
Experts or
Indicators
 Attach the EA (Robot) to the Chart

Open in any chart (EURUSD ) on M30 Time Frame,

Go to Navigator Pane of MT4 and Click Experts —> Keltner Combined V5.1a
(Right Click) —-> Attach to a Chart
 Configuring the EA

After Clicking Attach to the Chart, you will see a window like this. I kept all the
parameters set by default, and you need not to change the parameters. If you want to
optimize the EA for better results, you can change these parameters and find new set file for
it. As of now, no need to change anything on the window . Just click ‘OK’ .
 Know about the EA Parameters

EA Parameter Values Recommendations

Finisher Mode False False— The EA will start trading on fully auto mode
TRUE— When you want to stop the EA , it will manage to complete the present phase of trading and
new cycle will not be started.

Smart_Mode TRUE TRUE — If true, you have to enter SmartDD Percentage value. When the floating DD is greater than
this. The EA will be in Finisher mode automatically with effect on all opened pairs.
FALSE—The EA will continue to start new cycles even DD is more.
Full Trailing TRUE The EA will make trailing stoploss for all orders irrespective of breakout or non breakout orders.

Enter Max Days Span of Or- 4 Max Days for keeping open orders, After this period, the orders will be closed even its floating nega-
ders tive.
Start_Lot 0.01 This will be in effect when Auto_Lot_Calc is False .

OrderControl 18 The EA will make the 2nd order after x bars created since the first order bar

GapBTWorders 300 The minimum Gap between 2 successive orders

TP_Points 500 The Take profit in Points

TrailingStart 90 The Trailing will start when positive floating points is more than this value

TrailingGap 45 The gap between trailing stop and the current price
Close_atEquityPErcentage 2 When the EA is opened in multiple charts, and the profit exceeds 2% of initial deposit , all orders
opened by EA will be closed
Smart_DDPercentage 4 When Smart Mode is TRUE, this value should be set. Whenn current DD is above this % value, the
EA will go into Finisher mode.

KC_Breakout_Period 200 Keltner Channel Period for breakout calculation

KC_Intermediate_Period 100 Keltner Channel period for intermediate Orders

KC_Nonbreakout_Period 10 Keltner Channel Period for Non-Breakout orders

RSI_SellLimit 78 In Fast mode, Sell orders are based on this value

RSI_BuyLimit 22 In Slow mode, buy orders are based on this value.

SpreadLimit 50 If spread is more than this value, the orders will not be placed. This will protect from high volatility
time in the market.
Initial_Deposit 500 The Close_atEquityPercentage is calculated by Initial_Deposit
 Recommended Settings for Different Deposits

Start Lot Deposits Pairs on M30 Time Frame

EURUSD,AUDUSD,,EURCHF,AUDJPY,USDCHF

0.01 1000$ GBPUSD,EURJPY, USDJPY,NZDUSD

Use as many pairs as you want provided its volatility is high and spread is low.

Choose the whole set of pairs and adjust the SmartDDpercentage to

0.01 500$ as low as possible

Not Recommended to Trade !

<500$ Or Only one pair !
Best :: EURUSD

For People with 100$ deposit

Start Lot Depostit Make SmartDDPercentage to 1% and run the EA in 5-6 charts
0.01 100$ [ Caution :: Still Riskier ]

Put in Full Trailing mode

 Version History

______________________

Version 5.1a

• Making Multiple orders at same price is resolved

• AutoStart Option included

• Initial Deposit option added to enforce Closeatequitypercentage

• False Breakout Orders Filtering is added

• RSI HA orders, Keltner Breakout and intermediate secondary orders are added

• All orders are attached with a magic identifier so that, it will not interfiere with any other EA’s Orders.

• Spread Filtering is added to avoid situations such as high volatility in the market.

Version 5.1b

• DD management :: Smart Mode Added with Smart DD percentage option

• AutoStart Changed to Finisher Mode

Version V 6

• Virtual Stoploss option is added along with Smart_Maxorders

• Trailing stoploss is added for break out orders

• New Trading Strategy added named as Deep Breakout Orders

Version V 6a

• Full Trailing Option is included

• Virtual Stoploss removed

Version V7
• Max days to keep open orders included
• Fast and slow mode abolished
• Trading All the possible entries among opened first orders
 General Information

1. Attach the EA for multiple charts on M30 Timeframe with same settings

2. Use Recommended Deposits and pairs

3. Minimum 15% profit per chart is expected per month.

4. For any Immediate Support contact : keltnerfx@gmail.com

________________________________________________________________

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