Keltner Rsi Strategy

Strategy combining Keltner Channels and RSI indicators. Looks for mean reversion opportunities when price touches channel boundaries and RSI confirms oversold/overbought conditions.

Testing indicates an average annual return of about 88%. It performs best in the stocks market.

Keltner Channels map recent volatility while RSI measures momentum extremes. Entries occur when RSI supports a move beyond the channel.

Great for bounce traders around volatility envelopes. Stops rely on an ATR multiplier.

Details

• Entry Criteria:
  • Long: Close < LowerBand && RSI < RsiOversoldLevel
  • Short: Close > UpperBand && RSI > RsiOverboughtLevel
• Long/Short: Both
• Exit Criteria:
  • Price returns to EMA
• Stops: Percent-based using StopLossPercent
• Default Values:
  • EmaPeriod = 20
  • AtrPeriod = 14
  • AtrMultiplier = 2.0m
  • RsiPeriod = 14
  • RsiOverboughtLevel = 70m
  • RsiOversoldLevel = 30m
  • StopLossPercent = 2.0m
  • CandleType = TimeSpan.FromMinutes(5).TimeFrame()
• Filters:
  • Category: Mean reversion
  • Direction: Both
  • Indicators: Keltner Channel, RSI
  • Stops: Yes
  • Complexity: Intermediate
  • Timeframe: Mid-term
  • Seasonality: No
  • Neural Networks: No
  • Divergence: No
  • Risk Level: Medium