OPEN-SOURCE SCRIPT
KELTNER CHANNELS + MA by DucAnh
This is a strategy/combination of warning indicators using SMA, EMA and Keltner Channels.
I set up this strategy with the aim of reducing analytical labor in the market. When this strategy warns signals, then we are going to buy or sell.
This strategy setup works for timeframe 1m, however it can still work for different timeframes.
It works well with Gold in various timeframes. If you want to apply it to other currency pairs, you must fine-tune the parameters for maximum efficiency.
The strategy details are as follows:
Ingredient:
EMA100 + SMA100
Keltner Channels
Heikin Ashi candle
Support and resistance
Flag buy Alert:
Market is uptrend
Support and resistance higher
The HA candle crossing down to SMA100 or the lower KC band
Long position alert will trigger when the candlestick reaches the above conditions and the candlestick starts crossing up to the SMA
Flag buy Alert:
Market is downtrend
Support and resistance lower
The HA candle crossing up to SMA100 or the lower KC band
Recommended RR: 1:4
If you have any questions please let me know !
I set up this strategy with the aim of reducing analytical labor in the market. When this strategy warns signals, then we are going to buy or sell.
This strategy setup works for timeframe 1m, however it can still work for different timeframes.
It works well with Gold in various timeframes. If you want to apply it to other currency pairs, you must fine-tune the parameters for maximum efficiency.
The strategy details are as follows:
Ingredient:
EMA100 + SMA100
Keltner Channels
Heikin Ashi candle
Support and resistance
Flag buy Alert:
Market is uptrend
Support and resistance higher
The HA candle crossing down to SMA100 or the lower KC band
Long position alert will trigger when the candlestick reaches the above conditions and the candlestick starts crossing up to the SMA
Flag buy Alert:
Market is downtrend
Support and resistance lower
The HA candle crossing up to SMA100 or the lower KC band
Recommended RR: 1:4
If you have any questions please let me know !
Script open-source
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