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 colors.
If you have any questions or feedback, please let me know in the comments.