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