5 min Keltner System
Time Frame min.
Currency Pairs: majors and Futures.
Indicators
Length 10
Times ATR 1
Stochastic
15.3.2Use signal line only ..Colour main line to ‘none’
15.3.3Set line at 80 and 20 or.
Short Entry
Times ATR 1
Stochastic
15.3.2Use signal line only ..Colour main line to ‘none’
15.3.3Set line at 80 and 20 or.
Short Entry
- Close of candle above top keltner line and signal line on stoch above 80
- Then I need a down bar with the signal line on stoch still above 80
- Enter
Long Entry
- Close of candle below bottom keltner line and signal line on stoch below 20
- Then I need an up bar with the signal line on stoch still below 20
- Enter
Exit
Move stop to break even if price touches middle K line (white)
Take profit if price touches top band line, again it flexible and up to you
Stops
Up to you… if going long it can be the low of the entry candle
Or any number of pips you prefer.
Move stop to break even if price touches middle K line (white)
Take profit if price touches top band line, again it flexible and up to you
Stops
Up to you… if going long it can be the low of the entry candle
Or any number of pips you prefer.
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stochastic:
15.3.3Set line at 85 and 15.
Add. Buy-Sell Indicator Alerts
Enter Long
Close of candle below Keltner bottom line and signal line stoch is below 20
Then I need an up bar with the signal line is still below 20 and stoch Appears dot (Buy-SellAlerts)
Enter Short
Close of candle Above Top Keltner line and signal line are stoch Above 80
Then I need a down bar with the stoch signal line is still 80 and Above Appears dot (Buy-Sell Alerts)
see example
15.3.3Set line at 85 and 15.
Add. Buy-Sell Indicator Alerts
Enter Long
Close of candle below Keltner bottom line and signal line stoch is below 20
Then I need an up bar with the signal line is still below 20 and stoch Appears dot (Buy-SellAlerts)
Enter Short
Close of candle Above Top Keltner line and signal line are stoch Above 80
Then I need a down bar with the stoch signal line is still 80 and Above Appears dot (Buy-Sell Alerts)
see example
