EURUSD DinhChienFX's signal V4.0
Max risk: 3% - Risk / reward: 1 / 1.3.
1. Trend identification:
... Keltner: Price Through Upper / Lower 1 gives 1 point. 2 points are eligible for entry.
... Stochastic:
...... k> 70: Uptrend. k <15: Down trend.
... ADX: 31 provides strong trend following signal.
2. Entry point:
... Price corrects to Upper / Lower when 3 conditions Keltner , Stochastic & ADX indicator meet.
3. Not trade friday.
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"Use the link below to obtain access to this indicator" or "PM us to obtain access"
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Max risk: 2%.
1. Trend identification:
... Keltner channels: the close candle cross upper/lower Keltner channels gives 1 point. Entry condition is 2 points.
......Uptrend: If the close of candle has 2 times crossover the Upper Keltner channels to wait entry at the third.
......Downtrend: If the close of candle has 2 times crossunder the Lower Keltner channels to wait entry at the third.
...Stochastic:
......k value > 80: Up. k value < 20: Down.
...ADX: 31 to show the strong strength.
2. Entry:
...Wait to order at Upper/Lower if 3 conditions valid.
The bot always shows the entry point of the order first so that the Trader knows how to place the order, every hour will update the entry price once.
3, Avoid missing the chance when the BOT is in the first time, Bot will draw the second entry point when the 1st signal is there, the 2nd risk / reward ratio: 1 / ~ 2.
If using Fibonacci retracement , it is 0.66 or 66%.
* Takes advantage of a 60% higher success rate of order 1 to enter position 2 with a higher Risk / reward ratio,
- Show to every indicator's infomations.
- Predict and Show to the lots size before open trades.
- Arrange the functions index: Money Manage - Entry zone - Trend Identification - Time for backtest.
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact dinhchien directly.
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Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact dinhchien directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.