dinhchien

EURUSD DinhChienFX's signal V4.0

dinhchien Updated   
Risk/reward: 1/1.3 | Entry by: Upper/Lower | Keltner crossing: 2 | Candle not entry: 80% | Stochastic: 70/15 | Adx: 31/9/9 | Notrade friday

Max risk: 3% - Risk / reward: 1 / 1.3.
1. Trend identification:
... Keltner: Price Through Upper / Lower 1 gives 1 point. 2 points are eligible for entry.
... Stochastic:
...... k> 70: Uptrend. k <15: Down trend.
... ADX: 31 provides strong trend following signal.
2. Entry point:
... Price corrects to Upper / Lower when 3 conditions Keltner , Stochastic & ADX indicator meet.
3. Not trade friday.
-------------
"Use the link below to obtain access to this indicator" or "PM us to obtain access"
Release Notes:
Order 1: Risk/reward 1/1 and Order 2: Risk/reward 1/~2 | Entry by: Upper/Lower | Keltner crossing: 2 | Stochastic: 80/20 | Adx: 31/9/9 | Notrade Friday
-------
Max risk: 2%.
1. Trend identification:
... Keltner channels: the close candle cross upper/lower Keltner channels gives 1 point. Entry condition is 2 points.
......Uptrend: If the close of candle has 2 times crossover the Upper Keltner channels to wait entry at the third.
......Downtrend: If the close of candle has 2 times crossunder the Lower Keltner channels to wait entry at the third.
...Stochastic:
......k value > 80: Up. k value < 20: Down.
...ADX: 31 to show the strong strength.
2. Entry:
...Wait to order at Upper/Lower if 3 conditions valid.
The bot always shows the entry point of the order first so that the Trader knows how to place the order, every hour will update the entry price once.
3, Avoid missing the chance when the BOT is in the first time, Bot will draw the second entry point when the 1st signal is there, the 2nd risk / reward ratio: 1 / ~ 2.
If using Fibonacci retracement , it is 0.66 or 66%.
* Takes advantage of a 60% higher success rate of order 1 to enter position 2 with a higher Risk / reward ratio,
Release Notes:
Add options:
- Show to every indicator's infomations.
- Predict and Show to the lots size before open trades.
- Arrange the functions index: Money Manage - Entry zone - Trend Identification - Time for backtest.

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact dinhchien for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Author's instructions

The author of this script can no longer grant access to it. Please don't request access.

Want to use this script on a chart?

Warning: please read before requesting access.

Related Ideas