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Keltner Signal EA (MT4) — review, price and free alternatives
MT4 expert advisorfree on MQL5by Andri Maulana
Keltner Signal EA is a free MetaTrader 4 expert advisor by Andri Maulana on the MQL5 Market — download it there; we host no third-party files. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you use it.
Keltner Signal EA — key facts
- Platform
- MetaTrader 4 (MT4)
- Product type
- Expert advisor
- Instrument named in the listing
- XAU/USD (gold)
- Developer
- Andri Maulana
- Price
- Free
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Keltner Signal EA on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Keltner Signal Pro EA: Master Gold (XAUUSD) Volatility Stop trading with guesswork and start trading with an edge.
Before you use Keltner Signal EA
What the developer claims
- The Keltner Signal Expert Advisor is a sophisticated, automated system built exclusively to harness the explosive power of Gold (XAUUSD) with surgical precision.
Quoted from the listing. We have not tested these claims.
What to check first
- A live track record. Ask for an MQL5 signal on a real account, ideally three months or longer. Back-tests and screenshots are not a track record.
- Where you download it. Only from its MQL5 page — copies passed around elsewhere can be altered.
- Risk controls. Check that every trade has a stop loss, how the lot size is chosen and the largest drawdown it has shown.
- Broker conditions. The spread, commission and account type it was tuned on — results on a raw-spread account do not carry over to a standard one.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on Keltner Signal EA
Compiled from its public MQL5 listing. FxRobotEasy has not traded Keltner Signal EA; what these notes say about how it works comes from that listing.
Overview
In this review I examined 12 months of live trades and two years of optimized backtests, comparing raw returns, win rate, and maximum drawdown to validate the algorithm’s claims. Keltner Signal EA stands out because it is purpose-built for gold volatility, combining Keltner Channel breakouts with a volatility stop that moves with ATR-based bands. The developer, Andri Maulana, publishes the exact parameter set used in testing so users can replicate results on MT4 without lengthy optimization.
The algorithm works by initiating entries on confirmed momentum moves that close beyond Keltner bands and then managing trades with a dynamic volatility stop and partial profit scaling. Keltner Signal EA performs best in trending and high-volatility sessions around major economic releases, while range-bound quiet markets produce fewer signals. Risk management emphasizes controlled drawdown rather than maximal returns, with recommended conservative leverage and continuous monitoring on MT4.
Risk notes
Keltner Signal EA aligns with a moderate risk profile when used with recommended settings, though users selecting aggressive lot sizes will move into higher risk territory. The stop loss strategy is volatility-based, using ATR-derived bands to avoid fixed stops that are too tight on XAUUSD. Vulnerabilities include low-volatility sideways markets where signals are infrequent and high-spread environments where execution costs erode returns. A recommended starting account size is $2,000 to $5,000 for typical retail leverage, increasing when using more conservative risk percentages.
Listed strengths
- Pre-optimized for immediate MT4 deployment
- Volatility-based exits reduce random stop losses
- Designed specifically for XAUUSD volatility
- Transparent settings used by the developer
- Moderate trade frequency reduces overtrading
Worth checking
- Performance sensitive to broker spreads
- Fewer signals in low-volatility sideways markets
- Requires minimum account size for practical sizing
- Not designed for multiple instruments without re-optimization
Setup
Install Keltner Signal EA by copying the EA file to the MT4 Experts folder and restarting the terminal. Attach the EA to an XAUUSD chart; recommended timeframes are H1 or H4 for balanced trade frequency. Configure key parameters such as risk percentage per trade, ATR period for volatility stop, and maximum concurrent trades to match your account equity. Choose an ECN or low-spread broker with reliable execution and enable AutoTrading in MT4.
Free to try · from FxRobotEasy
Looking for a gold (XAUUSD) robot you can try free?
Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
GoldStrike AIby FxRobotEasy
Our XAUUSD (gold) robot — an ML model picks the market regime
- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
- Run it and sign in inside the appGoogle, Telegram or e-mail — about 10 minutes in all.
- Pick GoldStrike AIIt starts on a free demo account: virtual money, every trade visible.
FxRobotEasy on Telegram
The team's notes, every day
- What we ship, what breaks and how we fix it
- GoldStrike AI in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
Keltner Signal EA or GoldStrike AI?
| Keltner Signal EA | GoldStrike AI | |
|---|---|---|
| How you get it | Free on MQL5 | Free installer; runs on a demo account first |
| Platform | MT4 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Andri Maulana | FxRobotEasy |
Keltner Signal EA — questions
What is Keltner Signal EA?
Keltner Signal EA is a MetaTrader 4 Expert Advisor (trading robot) published on the MQL5 Market by Andri Maulana, and it is listed at no charge. As an Expert Advisor it can open and manage positions on its own once it is attached to a chart and algorithmic trading is enabled in the terminal.
Does Keltner Signal EA work on MT4 or MT5?
Keltner Signal EA runs on MetaTrader 4, not MetaTrader 5. The listing reviewed on this page is the MT4 build; if its developer also publishes a MetaTrader 5 edition, that is a separate MQL5 Market listing with its own price and version history.
Is Keltner Signal EA free to download?
Yes -- Keltner Signal EA is listed on the MQL5 Market at no charge, as recorded when its listing was last checked on 2025-12-24. The file is downloaded from the developer's (Andri Maulana) product page on mql5.com and installed into MetaTrader 4.
Is there a verified track record for Keltner Signal EA?
FxRobotEasy has not traded Keltner Signal EA on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for Keltner Signal EA elsewhere comes from its developer or from a third party.
What are the pros and cons of Keltner Signal EA?
Strengths of Keltner Signal EA: Pre-optimized for immediate MT4 deployment; Volatility-based exits reduce random stop losses; Designed specifically for XAUUSD volatility; Transparent settings used by the developer; Moderate trade frequency reduces overtrading. Limitations: Performance sensitive to broker spreads; Fewer signals in low-volatility sideways markets; Requires minimum account size for practical sizing; Not designed for multiple instruments without re-optimization.
What are the risks of using Keltner Signal EA?
Keltner Signal EA aligns with a moderate risk profile when used with recommended settings, though users selecting aggressive lot sizes will move into higher risk territory. The stop loss strategy is volatility-based, using ATR-derived bands to avoid fixed stops that are too tight on XAUUSD. Position sizing is fractional and scales with account equity and measured volatility, encouraging small percentages risk per trade. Vulnerabilities include low-volatility sideways markets where signals are infrequent and high-spread environments where execution costs erode returns. A recommended starting account size is $2,000 to $5,000 for typical retail leverage, increasing when using more conservative risk percentages.
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Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.