EURUSD - Signal by Keltner - Stoch - ADX 20 Jan 2021
Risk/reward: 1/1 and 1/~23| Entry by: Upper/Lower | Keltner crossing: 2 | Stochastic: 80/20 | Adx: 31/9/9 | Notrade Friday
-------
Max risk: 2%.
1. Trend identification:
...Keltner channels: the close candle cross upper/lower Keltner channels gives 1 point. Entry condition is 2 points.
......Uptrend: If the close of candle has 2 times crossover the Upper Keltner channels to wait entry at the third.
......Downtrend: If the close of candle has 2 times crossunder the Lower Keltner channels to wait entry at the third.
...Stochastic:
......k value > 80: Up. k value < 20: Down.
...ADX: 31 to show the strong strength.
2. Entry:
...Wait to order at Upper/Lower if 3 conditions valid.
The bot always shows the entry point of the order first so that the Trader knows how to place the order, every hour will update the entry price once.
3, Avoid missing the chance when the BOT is in the first time, Bot will draw the second entry point when the 1st signal is there, the 2nd risk / reward ratio: 1 / ~ 2.
If using Fibonacci retracement, it is 0.66 or 66%.
* Takes advantage of a 60% higher success rate of order 1 to enter position 2 with a higher Risk / reward ratio,
-------
Max risk: 2%.
1. Trend identification:
...Keltner channels: the close candle cross upper/lower Keltner channels gives 1 point. Entry condition is 2 points.
......Uptrend: If the close of candle has 2 times crossover the Upper Keltner channels to wait entry at the third.
......Downtrend: If the close of candle has 2 times crossunder the Lower Keltner channels to wait entry at the third.
...Stochastic:
......k value > 80: Up. k value < 20: Down.
...ADX: 31 to show the strong strength.
2. Entry:
...Wait to order at Upper/Lower if 3 conditions valid.
The bot always shows the entry point of the order first so that the Trader knows how to place the order, every hour will update the entry price once.
3, Avoid missing the chance when the BOT is in the first time, Bot will draw the second entry point when the 1st signal is there, the 2nd risk / reward ratio: 1 / ~ 2.
If using Fibonacci retracement, it is 0.66 or 66%.
* Takes advantage of a 60% higher success rate of order 1 to enter position 2 with a higher Risk / reward ratio,
Trading ditutup: target tercapai:
Cancel Buy Limit (Buy 2) when Bot closed trade by target reached.
