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dinhchien
Jan 23, 2021 1:26 AM

BTCUSDT - Short by Keltner Channels 23 Jan 2021 Short

Bitcoin / TetherUSBinance

Description

1. How to use Keltner Channels
a_ Length of Keltner's basis line is 50. It gives the best result in finding rule of BTCUSD.
b_ How to confirm a trend.
- Upper 2 is used to confirm Keltner channels at Uptrend.
- Lower 2 is used to confirm Keltner channels at Downtrend.
c. How to determine a swing Entry.
_ Upper 1 is used to buy when the market makes a corrective.
_ Lower 1 is used to sell when the market makes a corrective.

2. Long signal is confirmed when Closed of candle crossover the Upper 2.

3. Short signal is confirmed when Closed of candle crossunder the Lower 2.

4. Stoploss is calculated by the price closed candle +/- the value of Average true range (length=20 bars)
Stoploss = previous Close +/- atr(20)x2x1.3
-> To move the stoploss every 1 hour.

5. Filter the Candle is over 93% for Not Entry.

Comment

Trade closed: target reached


and stop move
Comments
TheSignalyst
Thank you so much for putting it together. Keep pushing
dinhchien
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