EURUSD MUST BUY THIS AREA EURUSD MUST BUY THIS AREA EURUSD MUSEUR/USD has extended its rebound beyond 1.0900 heading into the European session on Thursday. The US Dollar Index continues to edge lower after having snapped a nine-day winning streak on Wednesday. Investors await the European Central Bank's (ECB) policy announcements.
Euruseshort
EURUSD - Signal by Keltner - Stoch - ADX 4 Mar 2021* Take advantage of a 60% success rate of order 1 to enter position 2 with a higher risk/reward ratio,
The bot always gives the entry point to the order first so that the Trader knows how to place the order, every hour will update the entry price of the order once.
- Order 1: risk/reward 1/1. Percent success 60%.
- Order 2: risk/reward: 1 / 1.86 If you use Fibonacci retracement, it is 0.65 or 65%. Percent success 47%.
- Number of consecutive wins in the past: 13.
- Number of consecutive losses in the past: 6. So to avoid psychological influence, choose risk = 1% x 6 = 6% for 1 trading signal.
Currently, the Bot assumes 2% (orders 1: 1%, orders 2: 1%)
- Commission: 4 USD/trade.
- Slippage: 2 ticks.
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Max risk: 2%
1. Trend identification:
... Keltner channels: Price Through Upper / Lower 1 gives 1 point. 2 points are eligible for entry.
... Stochastic indicator:
...... k> 80: Uptrend. k< 20: Downtrend.
...... d>75 when Buy, d<40 when Sell
... ADX indicator: 31 provides a strong trend following signal.
2. Entry point:
... Price corrects to Upper / Lower when 3 conditions Keltner, Stochastic & ADX indicator meet.
3. Not trade Friday.
EURUSD - Day trade by Kelter channel 1/12/2020* Signals are tested successfully for 3.5 years with a steady win rate year on year until now.
Risk: 1%.
* Backtest time: 3.5 years / Premium, varies between currency pairs (Cryto default backtest time is shorter since the market is open both Saturday and Sunday: about 2 years).
The price rule of EURUSD in 20,000 past H1 candles past:
- Upterm (Long): Buy
+ When the price crossing up (Crossover) the Upper line gives 1 point.
- Downterm (Short): Sell
+ When the price crossing down (Crossunder) the Lower line gives 1 point.
- 2 or more points (> = 2), the entry conditions are met
- The entry point for the highest winning rate: when the price adjusts to the Upper / Lower line, the order price is at the closing price of the adjustment candle.
- When the above conditions are met, the Indicator shows a Buy / Sell signal according to the trend.
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- Maximum risk / reward winning ratio: 1 / 1.05
- Stoploss: Calculated from the entry point + - actual fluctuation with the formula ATR (20) * risk ratio (risk).
- Profit: Calculated from the entry point + - actual fluctuation by the formula ATR (20) * reward ratio (reward).
- Profit: So the product has a stable profit of over 30% / year.
- Should backtest 3 Years (long term), every Year (medium term) and quarterly or 6 months (short term). If each year the success rate is always over 50%, it can be used for real trade.