Keltner Channel + DMI + EMA Strategy @DaviddTech

24 oct. 2021

This strategy is a long only strategy that evolves 3 main indicators.

It is optimised for ETH USDT and LONG ONLY

Long positions :
* EMA 50 is above the EMA 400 to define our trend direction.
* Price breaks above the upper band of the the Keltner Channel.
* Confirmation is found with the DMI + being over the DMI -

Other indicators :

ADX set to above 20

The TP I put at 20% and I use Multiple TP levels.

If the price crosses and closes below the Keltner Channel lower band I close the trade.

WARNING:
- For purpose educate only - My mission is to debunk fake strategies with code to find THE ONE.
- Plots EMAs and other values on chart.
- This script to change bars colours.