* Two orders: order 1 risk/reward: 1/1 | order 2 risk/reward: 1/3.
Order 1: when the ADX crossover 45 and Keltner channels for Long or Short.
Order 2: Actives when Order 1 opens. Compute by drawing Fibonacci in the Order 1 zone, Fibonacci retracement is 75%.
History backtested:
- Consecutive wins are 14 times.
- Consecutive losses are 3 times.
1. Trend identification:
- Keltner Channels:
...Uptrend: when the close of candle crossover the Keltner Upper 2
...Downtrend: when the close of candle crossunder the Keltner Lower 2
2. Entry rule:
- Keltner Channel:
...Buy: The close of candle is higher Keltner Upper 2.
...Sell: The close of candle is lower Keltner Lower 2.
- ADX:
...Buy: ADX value crossover 45 and the close of candle is higher Keltner Upper 2.
...Sell: ADX value crossover 45 and close of candle is lower Keltner Lower 2.
3. Stoploss and Profit = atr(20) * 2.
Order 1: when the ADX crossover 45 and Keltner channels for Long or Short.
Order 2: Actives when Order 1 opens. Compute by drawing Fibonacci in the Order 1 zone, Fibonacci retracement is 75%.
History backtested:
- Consecutive wins are 14 times.
- Consecutive losses are 3 times.
1. Trend identification:
- Keltner Channels:
...Uptrend: when the close of candle crossover the Keltner Upper 2
...Downtrend: when the close of candle crossunder the Keltner Lower 2
2. Entry rule:
- Keltner Channel:
...Buy: The close of candle is higher Keltner Upper 2.
...Sell: The close of candle is lower Keltner Lower 2.
- ADX:
...Buy: ADX value crossover 45 and the close of candle is higher Keltner Upper 2.
...Sell: ADX value crossover 45 and close of candle is lower Keltner Lower 2.
3. Stoploss and Profit = atr(20) * 2.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.