Like many technology stocks, Advanced Micro Devices has rebounded sharply in 2023, but is it due for a pullback? This chart considers a few indicators and patterns to address that question.
First, prices shot through the top of the Keltner Channel in early February but are now back inside the bands. Based on other moments, like early August, mid-October and late...
- Keltner Channels long when closes candle crossover the Upper 2.
- Stochastic long if K & D > overbought (80).
>>> Open a buy when K crossover D at Oversold.
Our new super simple KC Crypto Profit Targets +/- 2 script (OK we gotta work on the title) works like a charm. The circles show almost exact hits of the price at the 2 ATR (All Time Range) multiplier levels (upper and lower blue bands).
Our script discards the +/- 1 and +/- 3 ATR multipliers for simplicity and conservative profit taking sake.
Note that this is...
Since I tested Bollinger Bands in the last article , what’s natural to think of testing next?
Rubber bands? Rock bands?
No, you silly goose! Keltner Channels…
What’s the Difference Between Keltner Channels and Bollinger Bands?
Bollinger Bands are based on chunks (called “standard deviations”) away from an average.
Keltner Channel bands are based on...
Bitcoin is in process of moving lower. You can see this pretty clearly and simply by looking at the 50 Day SMA, 100 Day SMA and Keltner Channels.
Essentially this is an action-reaction process. Looking at the March-April time period the Bitcoin price fell below the Keltner Channels (most or all of one candle body) for 17 days.
During May and June the Bitcoin...
Updating Binance Future's Balance every changing, strategy is automatically fixed LotSize follow the risk option when send webhook to Binance broker.
- Opening orders use all stoploss, do not use take profit.
- The stoploss is moving the trend.
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- Commission value = 4 usd/per order.
- slippage = 2 ticks.
- risk: 2%. Looks to the list of trades: Cumulative...
Order 1: 95 trades - 63.16% - R/R: 1/1
Order 2: 64 trades - 51.66% - R/R - 1/1.94 (fibonacci 66%)
Total 2 order: 156 trades - 57.41% - Net Profit: 201.46% - Max drawdown: 9.02%.
Commission: 4usd/trade
slippage: 2
1. Identify the trend
* On the chart:
a. Part of Dow theory: multi-trades active at the impulse waves.
Uptrend trend:
- HH / Higher High: The...
1. Identify the trend
* On the chart:
a. Part of Dow theory: multi-trades active at the impulse waves.
Uptrend trend:
- HH / Higher High: The following peak is higher than the previous one .
- HL / Higher Low: The back bottom is higher than the previous one .
Downtrend:
- LL / Lower Low: The back bottom is lower than the previous one .
- LH / Lower High: The...
