This strategy uses Stochastic Keltner indicators to generate signals.
Long entry occurs when Stoch %K < 20 && Price < Keltner lower band (oversold at lower band). Short entry occurs when Stoch %K > 80 && Price > Keltner upper band (overbought at upper band).
It is suitable for traders seeking opportunities in mixed markets.
- Entry Criteria:
- Long: Stoch %K < 20 && Price < Keltner lower band (oversold at lower band)
- Short: Stoch %K > 80 && Price > Keltner upper band (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:
- StochPeriod = 14
- StochK = 3
- StochD = 3
- EmaPeriod = 20
- KeltnerMultiplier = 2m
- AtrPeriod = 14
- AtrMultiplier = 2m
- CandleType = TimeSpan.FromMinutes(5)
- Filters:
- Category: Mixed
- Direction: Both
- Indicators: Stochastic Keltner
- Stops: Yes
- Complexity: Intermediate
- Timeframe: Intraday
- Seasonality: No
- Neural networks: No
- Divergence: No
- Risk Level: Medium