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.
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.
Stoploss = previous Close +/- atr(20)x2x1.3
-> To move the stoploss every 1 hour.
