AUDCAD - Day trade by Keltner Channels - 25 Jan 2021
Entry 1: R/R 1/1
Entry 2 is at fibonacci 60%. R/R 1/1.5
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1. How to fill color the Keltner Channel:
...All Upper, Basis, Lower inscreased to fill green.
...All upper, basis, lower descrease to fill red.
...One of the Upper, Basis, Lower is not the same direction fill gray color.
2. How to calculate a Trend:
...If the Total of 25 candles > 0 to give Uptrend.
...If the Total of 25 candles < 0 to give Downtrend.
3. How to entry.
- Buy's entry when the Color is up and the price crossunder the Basis.
- Sell' entry when the Color is down and the price crossover the Basis.
4. How to calculate the Stoploss and Take profit:
Entry 2 is at fibonacci 60%. R/R 1/1.5
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1. How to fill color the Keltner Channel:
...All Upper, Basis, Lower inscreased to fill green.
...If the Total of 25 candles > 0 to give Uptrend.
- Buy's entry when the Color is up and the price crossunder the Basis.
- Sell' entry when the Color is down and the price crossover the Basis.
