Keltner Williams R Strategy (Python)
This strategy uses Keltner Williams R indicators to generate signals. Long entry occurs when Price < lower Keltner band && Williams %R < -80 (oversold at lower band). Short entry occurs when Price > u...
Install-Package StockSharp.Strategies.0203_Keltner_Williams_R.py -Version 5.0.1
This strategy uses Keltner Williams R indicators to generate signals. Long entry occurs when Price < lower Keltner band && Williams %R < -80 (oversold at lower band). Short entry occurs when Price > upper Keltner band && Williams %R > -20 (overbought at upper band). It is suitable for traders seeking opportunities in mixed markets.
Entry Criteria:
Long: Price < lower Keltner band && Williams %R < -80 (oversold at lower band)
Short: Price > upper Keltner band && Williams %R > -20 (overbought at upper band) []Long/Short: Both sides. []Exit Criteria:
Long: Exit long position when price returns to middle band
Short: Exit short position when price returns to middle band []Stops: Yes. []Default Values:
EmaPeriod = 20
KeltnerMultiplier = 2m
AtrPeriod = 14
WilliamsRPeriod = 14
CandleType = TimeSpan.FromMinutes(5) [*]Filters:
Category: Mixed
Direction: Both
Indicators: Keltner Williams R
Stops: Yes
Complexity: Intermediate
Timeframe: Intraday
Seasonality: No
Neural networks: No
Divergence: No
Risk Level: Medium