Entry signals generated at MACD Zero Cross and SMA50 cross -
LONG entries taken when:
Upper Bollinger Band is above upper Keltner Channel band
Price closes above Upper Bollinger Band
MACD line is positive
Close is above 50SMA
10EMA is above 20EMA
SHORT entries taken when:
Lower Bollinger Band is below lower Keltner Channel band
Price closes below Lower Bollinger Band
MACD line is negative
Close is below 50SMA
20EMA is above 10EMA
Positions are held until entry characteristics are no longer true.
New positions are taken if entry characteristics are true again.
Stop loss is placed at 1.5*ATR
LONG entries taken when:
Upper Bollinger Band is above upper Keltner Channel band
Price closes above Upper Bollinger Band
MACD line is positive
Close is above 50SMA
10EMA is above 20EMA
SHORT entries taken when:
Lower Bollinger Band is below lower Keltner Channel band
Price closes below Lower Bollinger Band
MACD line is negative
Close is below 50SMA
20EMA is above 10EMA
Positions are held until entry characteristics are no longer true.
New positions are taken if entry characteristics are true again.
Stop loss is placed at 1.5*ATR