INVITE-ONLY SCRIPT

[BTCUSD] DinhChienFX [2 orders]

Updated
* Historical statistics from 2018:
* Strategy will enter 2 orders, Order 2 will appear only when there is Order 1:
- Percent profitable of 1st order: 64.76%.
- Percent profitable of 2nd order: 49.86%.
- Average percent profitable: 57.31%.
- 14 consecutive wins.
- 4 consecutive losses.
Order 1: risk / reward ratio 1/1 used to determine if this rule is effective or not?
Order 2: Appears when there is order 1, Use take-profit and take-loss level of order 1 at Fibonacci 75%.
. * 1st Order conditions:
- Buy: When the ADX index cuts up to 45, check earlier if the closing price has cut up and is above the Upper 2 line, enter the Buy order.
- Sell: when the ADX indicator cuts up to 45, check before that if the closing price has cut down and is above Lower 2 then enter a Sell order.
* How to enter Order 2: When order 1 appears, there are always Stoploss and Takeprofit levels. Draw Fibonacci from take-profit and take-loss prices, Fibonacci retracement level = 75%
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1. Trend identification:
- Channel Keltner:
... Uptrend: when the closing candlestick cuts up and is above the Keltner channel, the Upper Line 2
... Down trend: when the candle closes and falls above the Keltner Line Lower 2
2. Rules of entry:
- Channel Keltner:
... Buy: Candlestick closing price cuts up and above the Keltner Upper 2.
... Sell: The closing price of the candle cuts down and is lower than the Keltner Below 2.
ADX indicator:
... Buy: The ADX value crossed to 45 and the close of the candle was higher than Keltner Upper 2.
... Sell: ADX value cuts to 45 and the close of the candle is lower than Keltner Below 2.
3. Stoploss and Profit = atr (20) * 2.
Release Notes
Modify:
- Order 1: Risk/reward = 1/1.05
- Order 2: Risk/reward = 1/1.7 = fibonacci 63%, Percent Profitable ~ 50%.
- Show HH-HL-LL-LH
ADXBitcoin (Cryptocurrency)breakoutcryptoOscillatorsTrend AnalysisVolatility

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