INVITE-ONLY SCRIPT
Predict DinhChienFX's
1. Identify the trend
* On the chart:
a. Part of Dow theory: multi-trades active at the impulse waves.
Uptrend trend:
- HH / Higher High: The following peak is higher than the previous one.
- HL / Higher Low: The back bottom is higher than the previous one.
Downtrend:
- LL / Lower Low: The back bottom is lower than the previous one.
- LH / Lower High: The posterior peak is lower than the previous one
b. Keltner price channel:
Uptrend: Go above Upper 2
Bearish trend: Down to Lower 2
* Under Chart:
Stochastic indicator: 21 past candles
- Uptrend: Index K and D surpass 80
- Buy zone: Index D is large 80.
----------------------------
- Downward trend: K and D indexes go down to 20.
- Sell zone: Index D is less than 20.
RSI indicator: 21 past candles
- Uptrend: value exceeds 80.
- Downward trend: value exceeds 20.
ADX indicator: Used to identify a strong trend
- ADX smooth: 9
- DI: 9
2. Entry point:
- Buy: wait to buy on the Upper Keltner channel.
- Sell (sell): wait for sell at the Lower Keltner channel.
3. Take profit, stoploss
ATR indicator (20) (Average true range) * 2
* On the chart:
a. Part of Dow theory: multi-trades active at the impulse waves.
Uptrend trend:
- HH / Higher High: The following peak is higher than the previous one.
- HL / Higher Low: The back bottom is higher than the previous one.
Downtrend:
- LL / Lower Low: The back bottom is lower than the previous one.
- LH / Lower High: The posterior peak is lower than the previous one
b. Keltner price channel:
Uptrend: Go above Upper 2
Bearish trend: Down to Lower 2
* Under Chart:
Stochastic indicator: 21 past candles
- Uptrend: Index K and D surpass 80
- Buy zone: Index D is large 80.
----------------------------
- Downward trend: K and D indexes go down to 20.
- Sell zone: Index D is less than 20.
RSI indicator: 21 past candles
- Uptrend: value exceeds 80.
- Downward trend: value exceeds 20.
ADX indicator: Used to identify a strong trend
- ADX smooth: 9
- DI: 9
2. Entry point:
- Buy: wait to buy on the Upper Keltner channel.
- Sell (sell): wait for sell at the Lower Keltner channel.
3. Take profit, stoploss
ATR indicator (20) (Average true range) * 2
Invite-only script
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