dinhchien

GBPSD - Signal by Keltner, Stochastic & HigherLow LowerHigh

Long
FX:GBPUSD   British Pound / U.S. Dollar
stop / profit: 2/2; keltner cross: 1; reset entry; keltner confirm: upper / lower 1; stochastic: 80/17; LH / HL: 5
Max risk: 4%.
Trend identification:
- Keltner Channel: Price cross Upper / Lower 1.
- Stochastic:
... Up trend: index k> 80
... Down trend: index k <17.
- Higher High Higher Low:
... Increase: Higher Low (HL)
... Decrease: Lower High (LH)
How to enter an order:
All 3 above conditions enter the order when the Stochastic indicator lets k crossover d into the Buy order. k crossunder d into Sell order.
********* Consider entering order 2 according to Fibo to have Risk / reward ratio: 1/2 ......

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