NASDAQ - Signal by Stochastic & Keltner Channel 17 Mar 2021
Keltner basis: 20 | trend identification: Keltner Upper/Lower 2 | entry: Stochastic breakout k cross d | Stoploss: 2.3, Profit: 2.3
The strategy finds the rule in 4 years, every year, every quarter. The ratio of risk/reward 1/1 to give the success percentage over 60%.
Makes a second order has a better ratio. US30''s risk/reward: 1/2.7 (Fibonacci retracement 73%).
Look the right label: that rule has 7 times consecutive wins and 4 times consecutive losses in history.
+ A Long trend is when the price close & crossover 3 times the Keltner Upper 2 + k value of Stochastic indicator crossover 80.
+ A Short trend is when the price close & crossunder 3 times the Keltner Lower 2 + k value of Stochastic indicator crossunder 20.
+ to Entry when k value ( Stoch indicator) make a correction and cross the d value ( Stoch indicator)
- Buy: d > 70
- Sell: d < 17
The strategy finds the rule in 4 years, every year, every quarter. The ratio of risk/reward 1/1 to give the success percentage over 60%.
Makes a second order has a better ratio. US30''s risk/reward: 1/2.7 (Fibonacci retracement 73%).
Look the right label: that rule has 7 times consecutive wins and 4 times consecutive losses in history.
+ A Long trend is when the price close & crossover 3 times the Keltner Upper 2 + k value of Stochastic indicator crossover 80.
+ A Short trend is when the price close & crossunder 3 times the Keltner Lower 2 + k value of Stochastic indicator crossunder 20.
+ to Entry when k value ( Stoch indicator) make a correction and cross the d value ( Stoch indicator)
- Buy: d > 70
- Sell: d < 17