Idea: to search a rule of trade give the profit percent over 60% in the risk/reward 1/1. Next to find the zone for order there is risk/reward ratio more 1/1 (1.1, 1.5, 2...).
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Step 1: I found the rule from 1/1/2020 to 26/1/2021 has the profit percentage over 60% (63.1%). The net profits is 101,841.5%.
Step 2: I found the second order at Fibonacci 65% (the risk/reward: 1/~2) to have the best result. First result with only one order has net profit is 101.841 percent, the second order is 245.,241% (risk/reward 1/~2).
---- How the strategy do below:
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.
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Step 1: I found the rule from 1/1/2020 to 26/1/2021 has the profit percentage over 60% (63.1%). The net profits is 101,841.5%.
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.
