Note

AUDCAD - Day swing trade signal [Keltner Channel]

· Views 552

#AUD/CAD# AUDCAD - Day swing trade signal [Keltner Channel]

* The signal are tested in 3,5 years. Winrate stability over 52% every year.
Risk: 1%.
* Tradingview's backtest time: 3.5 years the default of Tradingview differs between currency pairs (Cryto is the default backtest time is shorter because the market is open both Saturday and Sunday: about 2 years)
- Base on order: 2 ways to enter or combine both.
Method 1
+ Keltner channel: the price closed above or below Upper / Lower Keltner for signal 1. Wait for the price to adjust to the Basis line, then enter the order.
snapshot
Method 2
+ Keltner channel: price closes above or below Upper 2 / Lower 2 Keltner gives signal 1. Wait for the price to adjust to Upper / Lower line, then enter the order.
snapshot
Method 3: combine both, priority 1 if satisfied conditions
snapshot

+ Pivot option: appear rising signal: Higher High / Higher Low. Decline signal: Lower Low / Lower High for signal 2.
- When the above conditions are met, the Indicator shows a Buy / Sell signal according to the trend.
-----------------------------------
- Stoploss: Calculated from the entry point + - actual fluctuation by the formula ATR (20) * risk ratio (risk).
- Profit: Calculated from the entry point of the command + - actual oscillation using ATR formula (20) * reward ratio (reward).

- Profit: Look the Summary below.
- Should be backtest 3 Years (long term), each Year (medium term) and Quarter or 6 months (short term). If each year the success rate is always more than 50%, can be used for actual trading

Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.

FOLLOWME Trading Community Website: https://www.followme.com

If you like, reward to support.
avatar

Hot

No comment on record. Start new comment.