XRP 12 WEEKS HOLDING THE MIDLINEnot since the last quarter of 2017 has xrp been able to hold the mid-line of the keltner channel for this long
the majority of attempts fall within 1-3 weeks
right now xrp has had 12 weekly closes over the mid-line of the channel
the last time xrp went to the moon it was after 16 weeks of support
Keltnerchannel
EURUSD - Day trade by Keltner Channel 31-8-2020* The signal is tested successfully for 3.5 years with a steady win rate year on year until now.
Risk: 1%.
* Backtest time: 3.5 years / Premium account, varies between currency pairs (Cryto default backtest time is shorter since the market is open on both Saturday and Sunday: about 2 years).
The price rule of EURUSD in 20,000 past H1 candles past:
- Up (Long): Buy
+ When the price surpasses (Crossover) the Upper line gives 1 point.
- Down (Short): Sell
+ When the price plugs down (Crossunder) the Lower line gives 1 point.
- 2 or more points (> = 2), the entry conditions are met
- The entry point for the highest winning rate: when the price adjusts to the Upper / Lower line, the order price is at the closing price of the adjustment candle.
- When the above conditions are met, the Indicator shows a Buy / Sell signal according to the trend.
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- Maximum risk / reward winning ratio: 1 / 1.05
- Stoploss: Calculated from the entry point + - actual fluctuation with the formula ATR (20) * risk ratio (risk).
- Profit: Calculated from the entry point + - actual fluctuation by the formula ATR (20) * reward ratio (reward).
- Profit: So the product has a stable profit of over 20% / year.
- Should backtest 3 Years (long term), every Year (medium term) and quarterly or 6 months (short term). If each year the success rate is always over 50%, it can be used for real trade
EURUSD - Day trade by Keltner Channel 26-08-2020* The signal are tested in 3,5 years. Winrate stability over 52% every year.
Risk: 1%.
* Tradingview's backtest time ~ 3.5 years/Premium account, differs between currency pairs (Cryto is the default backtest time is shorter because the market is open both Saturday and Sunday: about 2 years)
- Base on order: over 2 times confirm by crossover upper or crossunder lower
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- Stoploss: Calculated from the entry point + - actual fluctuation by the formula ATR (20) * risk ratio (risk).
- Profit: Calculated from the entry point of the command + - actual oscillation using ATR formula (20) * reward ratio (reward).
- Profit: Look the Summary below.
- Should be backtest 3 Years (long term), each Year (medium term) and Quarter or 6 months (short term). If each year the success rate is always more than 50%, can be used for actual trading
NZDJPY - Day trade with Keltner Channel 25-8-2020* The signal are tested in 3,5 years. Winrate stability over 52% every year.
Risk: 1%.
* Tradingview's backtest time ~ 3.5 years/Premium account, differs between currency pairs (Cryto is the default backtest time is shorter because the market is open both Saturday and Sunday: about 2 years)
- Base on order: 2 ways to enter or combine both.
Method 1
+ Keltner channel: the price closed above or below Upper / Lower Keltner for signal 1. Wait for the price to adjust to the Basis line, then enter the order.
Method 2
+ Keltner channel: price closes above or below Upper 2 / Lower 2 Keltner gives signal 1. Wait for the price to adjust to Upper / Lower line, then enter the order.
Method 3: combine both, priority 1 if satisfied conditions
+ Pivot option: appear rising signal: Higher High / Higher Low. Decline signal: Lower Low / Lower High for signal 2.
- When the above conditions are met, the Indicator shows a Buy / Sell signal according to the trend.
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- Stoploss: Calculated from the entry point + - actual fluctuation by the formula ATR (20) * risk ratio (risk).
- Profit: Calculated from the entry point of the command + - actual oscillation using ATR formula (20) * reward ratio (reward).
- Profit: Look the Summary below.
- Should be backtest 3 Years (long term), each Year (medium term) and Quarter or 6 months (short term). If each year the success rate is always more than 50%, can be used for actual trading
OMGUSD 15MOMG looking for a couple of fibb patterns, target is 14.6/62.8 on the fib retracements, overall looking for a drop back down towards 3 dollar range, unless it can break out of the unconfirmed pattern on the grey retracement.
Bitcoin is trying to break out, but if it breaks down that would halt any more progress omg makes.
Bitcoin 15M
Bitcoin 1H
15M
This is not financial advice
DJI Bulls Fighting Downward Suction - Still I remain SHORT on DJForgive the cramped analysis however I wanted to show with the Ichimoku Cloud, the Keltner Channel and the SAR indicator were the DJI came from, was heading and may be heading.
As the trends are not that clear yet on the weekly I used the daily chart.
The Keltner channel has been crossed downward first, followed by the Ichimoku base and conversion line exiting the cloud.
Then the conversion line even cross the baseline downwards really underscoring the bear market situation.
Ever since the upward price action has been close to a thin Ichimoku Cloud which tends to make a trend reversal more likely.
SAR indicator pointed up now for three consecutive daily closes which is promising.
It is also impressive that the DJI with the same speed it dropped was able to regain the 50% Fib. retracement and establish itself within reach of the 61,8% Fib. retracement.
However I remain bullish and the DJI. Despite all the money being thrown into the market by the government / FED.
We have only seen the tip of the impact of the low interest rate policy since 2008 and the trigger of the SARS-CoV-2 outbreak.
On the short-term I'd love to be wrong and see a full recovery of the DJI, but this appears to me vodoo magic and very unlikely or is likely followed by an even higher flash crash (see related idea).
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Please share, leave me a like and let me know what you see.
ETHUSD 1D KELTNER CHANNEL PULLBACK TRADING STRATEGYTrading Pullbacks with Keltner Channel
Trading pullbacks successfully can only be done in the presence of a strong trend. Using the Keltner channel indicator we can study how the price behaves around the upper and lower envelopes to gauge the strength of the trend.
As you already learned when the price hugs one of the two bands and crawls along with the band, we have a case for a strong trending market.
There will be highlighted small retracements while the price hugs the upper Keltner band. Notice that the price can retrace to the area around the 20-EMA. It won’t give you an exact price, but a price zone from where the price can potentially bounce and the bullish trend can resume.
This is a good way to measure pullbacks in price. Successful trading doesn’t require catching the exact turning point.
For a better timing of our trades, we can use the Stochastic RSI indicator in combination with the Keltner indicator for more confluence.
The trade trigger is simply to follow with this Keltner Channel pullback strategy. Pull the trigger when the price retraces to the middle band and the stochastic indicator develops a crossover from oversold territory.
BTCUSD 4H KELTNER CHANNEL RANGE TRADING STRATEGYTrading Ranging Markets with Keltner Channel
It is said that the number one account killer in the market is a ranging market. Consolidations are very difficult to trade. However, you can take advantage of the difference in the way the Keltner channel system can be used in combination with other technical indicators.
The price won’t really touch the bands when it bounces between the upper and lower envelopes. When we’re in a ranging market, you’ll often see that the price will fail to touch the bands. The majority of the time the price will hug the middle band.
This anomaly in price behavior requires us to use a secondary technical indicator to find profitable trades.
Since the Forex market spends most of its time in consolidation (around 70% of the time), it’s mandatory to have a range trading strategy to survive in this market.
For range trading, we like to use Keltner Channel bands in combination with a 2-period RSI indicator. We tweaked the RSI settings so we can better identify tops and bottoms within a trading range.
*Note #3: For this Keltner trading strategy we use the 90-10 levels of overbought and oversold readings.
Here are some rules that can guide you to make the best trading decisions:
Keltner envelopes need to turn flat, to signal a consolidation.
The price needs to break below the middle band.
A buy order is triggered once the 2-period RSI goes below 10 indicating oversold conditions.
The protective stop loss can be hidden on the other side of the Keltner band.
For the long side take profit when the RSI reaches the 90 levels.
BitcoinUSD BLX Bitcoin Liquid Index WeeklySilver and gold are making records at the bullion stores, the us mint is running out of certain types of bars and coins, and this is just the beginning.
The nice thing about bitcoin, is that soon it will have less inflation than gold, and it can be sent anywhere in the world, and settled in less than a day, or even 10 minutes for larger/instantly for small txs on noncongested chains like cash.
Gold has to be weighed and tested for purity before it can settle and it cannot transfer instantly (at least not without a digital ledger), can be costly to use. Plus, digital currency makes virus transfer impossible.
The fed isn't close to coming up with any alternatives to fiat bills, or the dollar, ect. Even plastic can lead to the same types of exposure.
There is no choice but to accept digital currencies in the near future, as metals will be scarce, and fiat unusable!
This is not trading/financial advice.
BitcoinUSD Daily Fibonacci Targets Extended Wave 3Main problem with current 3/4 wave is that it's only .618 of wave 1/2, so either we're truncated or we're in an extended wave 3 and this is just a subwave of wave 3, the only other thing would be a really short wave 5, but I doubt that scenario.
Previous Analysis:
This is not trading/financial advice.
BitcoinUSD Weekly Mikeiavelli ChannelThe Mikeiavelli Channel is just a keltner channel with extra channels on either side.
The Mikeiavelli Indicator on the bottom is the keltner channel, and some stochiastic rsi's
We bounced off the bottom weekly keltner channel, and if we continue up, we will be in another bull cycle.
Otherwise consolidation.
This is not trading/financial advice.
BitcoinUSDBottom Special
US Agency shoots down Iranian aircraft 8 hours after "attack" will either lead to false flag war, or the unveiling of the secrete gov't, abc agencys fraud, fake/paid opposition/terrorist groups.
Remember, the US tried to blame them for the ship attack, and now provoked them by drone striking their general expecting retaliation attacks.
Also, iran just found a whole bunch of oil too.
They bought boatloads of gold then sold you the lies.
This is not trading/financial advice.