dinhchien

CHFJPY - Day trade by Keltner Channel 12/8/2020

Long
FX:CHFJPY   Swiss Franc / Japanese Yen
Max risk: 2%.
Commission: 4 JPY/trade
Slippage: 2 ticks.
Risk/reward: 1/1.23
Data backtest is maximum history bars of Premium account.
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I. How to determind a Uptrend.
1... Downtrend is confirmed when the close crossover the Keltner Upper 1.
2... Keltner Color count shows Uptrend
II. How to determind a Downtrend.
1... Downtrend is confirmed when the close crossunder the Keltner Lower 1.
2... Keltner Color count shows Downtrend
III. Entry is the close of candle cross the basis
IV. How to calculate the Stoploss and Profit
- Stop loss = close of Entry''s cande +- (atr(20)*2)
- Profit = close of Entry''s cande +-
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