BTCUSDT - Next target will 53,590 USD* 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.
