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Keltnerchannel

Channels Strategy [Dimkud]Channels trading Strategy. Based on "Channels Strategy" by JoseMetal. To the original strategy added additional options and filters : Static SL/TP in percents (%), time delay between orders, ATR Filter, second Keltner Channel (Multi TimeFrame). Interface translated to English. Were good backtest results on many crypto tokens on 15m - 45m - 1h periods. Mostly with configuration: Keltner Channel (optimise parameters for every token) + Static SL/TP (optimise values for every token) + "Enter Condition" = "Wick out of band". The better is to optimise paramaters separately for Short and Long trading. And run two separate bots (in settings enable only Long or only Short.) Tested on real automated trading on few online bot platforms. (3comm, revenuebot, veles). Later I will make tutorial how to connect strategy to these platforms or contact me if you need help.
Pine Script™ strategy
by dimkud
7
Wunder Keltner botWunder Keltner bot 1. Wunder Keltner bot is based on the breakout of the Keltner channel. For calculation, 2 channels are used, one for long trades, and the other for short trades. The division into 2 channels is used for more accurate entry calculations depending on trend directions. 2. The ADX indicator is used to filter signals and determine the trend strength. ADX determines the strength of the trend and confirms the entry into the strategy if the value is greater than the level indicated in the settings. 3. There are 3 ways to calculate Stop Loss and Take Profit. You can choose one of them: Classic Stop Loss and Take Profit in a fixed percentage ATR Stop Loss Keltner. Stop Loss, which is set on the opposite Keltner’s Channel Band from Keltner breakout. 4. ATR and Keltner use Risk Reward (R:R) to calculate Take Profit. The script calculates Risk Reward based on the determined Stop loss level and uses the ration to calculate Take Profit. 5. A function for calculating risk on the portfolio (your deposit) has been added to the script. When this option is enabled, you get a calculation of the entry amount in dollars relative to your Stop Loss. In the settings, you can select the risk percentage on your portfolio. The loss will be calculated from the amount that will be displayed on the chart. For example. Deposit - $1000, you set the risk to 1%. SL 5%. Entry volume will be $200. The loss at SL will be $10.10$ this is your 1% risk or 1% of the deposit. Important! The risk per trade must be less than the Stop Loss value. If the risk is greater than SL, then you should use leverage. The amount of funds entering the trade is calculated in dollars. This option was created if you want to send the dollar amount from Tradingview to the exchange. However, putting your volume in dollars you get the incorrect net profit and drawdown indication in the backtest results, as TradingView calculates the backtest volume in contracts. To display the correct net profit and drawdown values ​​in Tradingview Backtest results, use the ”Volume in contract” option.
Pine Script™ strategy
by Wunderbit
37
Channels Strategy [JoseMetal]============ ENGLISH ============ - Description: This strategy is based on Bollinger Bands / Keltner Channel price "rebounds" (the idea of price bouncing from one band to another). The strategy has several customizable options, which allows you to refine the strategy for your asset and timeframe. You can customize settings for ALL indicators, Bollinger Bands (period and standard deviation), Keltner Channel (period and ATR multiplier) and ATR (period). - AVAILABLE INDICATORS: You can pick Bollinger Bands or Keltner Channels for the strategy, the chosen indicator will be plotted as well. - CUSTOM CONDITIONS TO ENTER A POSITION: 1. Price breaks the band (low below lower band for LONG or high above higher band for SHORT). 2. Same as 1 but THEN (next candle) price closes INSIDE the bands. 3. Price breaks the band AND CLOSES OUT of the band (lower band for LONG and higher band for SHORT). 4. Same as 3 but THEN (next candle) price closes INSIDE the bands. - STOP LOSS OPTIONS: 1. Previous wick (low of previous candle if LONG and high or previous candle if SHORT). 2. Extended band, you can customize settings for a second indicator with larger values to use it as STOP LOSS, for example, Bollinger Bands with 2 standard deviations to open positions and 3 for STOP LOSS. 3. ATR: you can pick average true ratio from a source (like closing price) with a multiplier to calculate STOP LOSS. - TAKE PROFIT OPTIONS: 1. Opposite band (top band for LONGs, bottom band for SHORTs). 2. Moving average: Bollinger Bands simple moving average or Keltner Channel exponential moving average . 3. ATR: you can pick average true ratio from a source (like closing price) with a multiplier to calculate TAKE PROFIT. - OTHER OPTIONS: You can pick to trade only LONGs, only SHORTs, both or none (just indicator). You can enable DYNAMIC TAKE PROFIT, which updates TAKE PROFIT on each candle, for example, if you pick "opposite band" as TAKE PROFIT, it'll update the TAKE PROFIT based on that, on every single new candle. - Visual: Bands shown will depend on the chosen indicator and it's settings. ATR is only printed if used as STOP LOSS and/or TAKE PROFIT. - Recommendations: Recommended on DAILY timeframe , it works better with Keltner Channels rather than Bollinger Bands . - Customization: As you can see, almost everything is customizable, for colors and plotting styles check the "Style" tab. Enjoy! ============ ESPAÑOL ============ - Descripción: Esta estrategia se basa en los "rebotes" de precios en las Bandas de Bollinger / Canal de Keltner (la idea de que el precio rebote de una banda a otra). La estrategia tiene varias opciones personalizables, lo que le permite refinar la estrategia para su activo y temporalidad favoritas. Puedes personalizar la configuración de TODOS los indicadores, Bandas de Bollinger (periodo y desviación estándar), Canal de Keltner (periodo y multiplicador ATR) y ATR (periodo). - INDICADORES DISPONIBLES: Puedes elegir las Bandas de Bollinger o los Canales de Keltner para la estrategia, el indicador elegido será mostrado en pantalla. - CONDICIONES PERSONALIZADAS PARA ENTRAR EN UNA POSICIÓN: 1. El precio rompe la banda (mínimo por debajo de la banda inferior para LONG o máximo por encima de la banda superior para SHORT). 2. Lo mismo que en el punto 1 pero ADEMÁS (en la siguiente vela) el precio cierra DENTRO de las bandas. 3. El precio rompe la banda Y CIERRA FUERA de la banda (banda inferior para LONG y banda superior para SHORT). 4. Igual que el 3 pero ADEMÁS (siguiente vela) el precio cierra DENTRO de las bandas. - OPCIONES DE STOP LOSS: 1. Mecha anterior (mínimo de la vela anterior si es LONGy máximo de la vela anterior si es SHORT). 2. Banda extendida, puedes personalizar la configuración de un segundo indicador con valores más extensos para utilizarlo como STOP LOSS, por ejemplo, Bandas de Bollinger con 2 desviaciones estándar para abrir posiciones y 3 para STOP LOSS. 3. ATR: puedes elegir el average true ratio de una fuente (como el precio de cierre) con un multiplicador para calcular el STOP LOSS. - OPCIONES DE TAKE PROFIT: 1. Banda opuesta (banda superior para LONGs, banda inferior para SHORTs). 2. Media móvil: media móvil simple de las Bandas de Bollinger o media móvil exponencial del Canal de Keltner . 3. ATR: se puede escoger el average true ratio de una fuente (como el precio de cierre) con un multiplicador para calcular el TAKE PROFIT. - OTRAS OPCIONES: Puedes elegir operar sólo con LONGs, sólo con SHORTs, ambos o ninguno (sólo el indicador). Puedes activar el TAKE PROFIT DINÁMICO, que actualiza el TAKE PROFIT en cada vela, por ejemplo, si eliges "banda opuesta" como TAKE PROFIT, actualizará el TAKE PROFIT basado en eso, en cada nueva vela. - Visual: Las bandas mostradas dependerán del indicador elegido y de su configuración. El ATR sólo se muestra si se utiliza como STOP LOSS y/o TAKE PROFIT. - Recomendaciones: Recomendada para temporalidad de DIARIO, funciona mejor con los Canales de Keltner que con las Bandas de Bollinger . - Personalización: Como puedes ver, casi todo es personalizable, para los colores y estilos de dibujo comprueba la pestaña "Estilo". ¡Que lo disfrutes!
Pine Script™ strategy
by JoseMetal
1
SSL + Wave Trend StrategyStrategy incorporates the following features: Risk management: Configurable X% loss per stop loss Configurable R:R ratio Trade entry: Based on strategy conditions below Trade exit: Based on strategy conditions below Backtesting: Configurable backtesting range by date Trade drawings: Each entry condition indicator can be turned on and off TP/SL boxes drawn for all trades. Can be turned on and off Trade exit information labels. Can be turned on and off NOTE: Trade drawings will only be applicable when using overlay strategies Alerting: Alerts on LONG and SHORT trade entries Debugging: Includes section with useful debugging techniques Strategy conditions Trade entry: LONG C1: SSL Hybrid baseline is BLUE C2: SSL Channel crosses up (green above red) C3: Wave Trend crosses up (represented by pink candle body) C4: Entry candle height is not greater than configured threshold C5: Entry candle is inside Keltner Channel (wicks or body depending on configuration) C6: Take Profit target does not touch EMA (represents resistance) SHORT C1: SSL Hybrid baseline is RED C2: SSL Channel crosses down (red above green) C3: Wave Trend crosses down (represented by orange candle body) C4: Entry candle height is not greater than configured threshold C5: Entry candle is inside Keltner Channel (wicks or body depending on configuration) C6: Take Profit target does not touch EMA (represents support) Trade exit: Stop Loss: Size configurable with NNFX ATR multiplier Take Profit: Calculated from Stop Loss using R:R ratio Credits Strategy is based on the YouTube video "This Unique Strategy Made 47% Profit in 2.5 Months " by TradeSmart. It combines the following indicators to determine trade entry/exit conditions: Wave Trend: Indicator: WaveTrend Oscillator by @LazyBear SSL Channel: SSL channel by @ErwinBeckers SSL Hybrid: SSL Hybrid by @Mihkel00 Keltner Channels: Keltner Channels Bands by @ceyhun Candle Height: Candle Height in Percentage - Columns by @FreeReveller NNFX ATR: NNFX ATR by @sueun123
Pine Script™ strategy
by kevinmck100
7
SSL + Wavetrend (7 indicators) by TradeSmartHello everyone! This script is implementing a strategy that uses 7 indicators: SSL, Wavetrend, SSL Hybrid, Keltner Channel, EMA, Candle Height and ATR. This is the 2nd best strategy that we have tested so far (based on the 100 backtests). STRATEGY ENTRY RULES Long entry: go long if SSL Hybrid is blue (between last candle and entry candle) and SSL Channel crosses up (green SSL line is on the top) and Wave Trend prints green dot (candle color turns yellow) and entry Candle Height is not higher than 0.6 and entry candle is inside the Keltner Channel and price target does not hit the 200 EMA. Short entry: go short if SSL Hybrid is pink (between last candle and entry candle) and SSL Channel crosses down (red SSL line is on the top) and Wave Trend prints red dot (candle color turns blue) and entry Candle Height is not higher than 0.6 and entry candle is inside the Keltner Channel and price target does not hit the 200 EMA. EXIT STRATEGY The strategy will exit based on a set ATR value. Take profit and stop loss levels can be changed with risk/reward settings. CHANGEABLE SETTINGS Wave Trend: Channel Length, Average Length, Wave Trend Limit High, Wave Trend Limit Low SSL: Period SSL Hybrid: SSL1 / Baseline Type, SSL1 / Baseline Length, Base Channel Multiplier Target Price Limit: can set 6 different limiters for long and short entries Candle Height Limit: Limit based on, Candle Limit High, Candle Limit Low Keltner Channel: Limit range long, Limit range short, Length, Multiplier, Source, Use Exponential MA, Bands Style, ATR Length Exit strategy: ATR Length, ATR Smoothing, Stop Loss Multiplier (risk), Exit Price Multiplier (reward) Setups: Capital Percentage, Risk Percentage, Allow Long Entries, Allow Short Entries Date Range: Limit Between Dates, Start Date, End Date Trading Time: Valid Trading Days FIRST RELEASE SETTINGS FOR ALGOUSDT 30 M (3/19/2022) Wave Trend: Channel Length = 11, Average Length = 19, Wave Trend Limit High = 27, Wave Trend Limit Low = -48 SSL: Period = 10 SSL Hybrid: SSL1 / Baseline Type = EMA, SSL1 / Baseline Length = 36, Base Channel Multiplier = 0.21 Target Price Limit: can set 6 different limiters for long and short entries: all false Candle Height Limit: Limit based on: Candle Body (open/close), Candle Limit High = disabled, Candle Limit Low = enabled, 0.32 Keltner Channel: Limit range long = enabled, Full range, Limit range short = enabled, Full range, Length = 3, Multiplier = 1, Source = close, Use Exponential MA = enabled, Bands Style = Average True Range, ATR Length = 11 Exit strategy: ATR Length = 14, ATR Smoothing = EMA, Stop Loss Multiplier (risk) = 1.9, Exit Price Multiplier (reward) = 2 Setups: Capital Percentage = disabled, Risk Percentage = enabled, 1, Allow Long Entries = enabled, Allow Short Entries = enabled Date Range: Limit Between Dates = disabled, Start Date, End Date Trading Time: Valid Trading Days = 1234567 Hope you like this strategy, feel free to check all of our scripts. Thank you for your support!
Pine Script™ strategy
by TradeSmart22
6
Optimized Keltner Channels SL/TP Strategy for BTCThis strategy is optimized for Bitcoin with the Keltner Channel Strategy, which is TradingView's built-in strategy. In the original Keltner Channel Strategy, it was difficult to predict the timing of entry because the Buy and Sell signals floated in the middle of the candle in real time. This strategy is convenient because if the bitcoin price hits the top or bottom of the Keltner Channel and closes the closing price, you can enter Buy or Sell at the next candle start price. In addition, this strategy provides Stop Loss and Take Profit functions to maximize profit. _________________________________ Recommended settings are below. - length: 9 - multiplier: 1 - source: close - (v) Use EMA - Bands Style: Average True Range - ATR Length: 19 - Stop Loss (%): 20 - Take Profit (%) : 20 _________________________________ - length: 9 - multiplier: 1 - source: close - (v) Use EMA - Bands Style: Average True Range - ATR Length: 18 - Stop Loss (%): 20 - Take Profit (%) : 5 _________________________________ ▶ Usefulness and Originality - Stop Loss and Take Profit functions are available - Convenient Buy and Sell entry compared to the original Keltner Channel Strategy - Optimized for BTCUSD market (maximizing profits) ___________________________________________ 이 전략은 TradingView의 Built-in 전략인 Keltner Channel Strategy를 비트코인에 맞게 최적화되었습니다. 기존의 Keltner Channel Strategy는 Buy, Sell 신호가 캔들 중간에 실시간으로 떠서 진입 시점을 예측하기 어려운 불편함이 있었지만 이 전략은 비트코인 가격이 Keltner Channel 상단 혹은 하단을 찍고 종가를 마감하면 그 다음 캔들 시작가에서 Buy 혹은 Sell 진입이 가능하여 편리합니다. 또한, 이 전략은 Keltner Channel을 만나서 캔들을 마감한 가격 (bprice, sprice)을 시각적으로 plot을 제공하여 타점 및 차트를 보기에 편리하며 손절가 및 목표가를 지정한 백테스팅이 가능합니다.
Pine Script™ strategy
by chanu_lev10k
9
Optimized Keltner Channels Strategy for BTCThis strategy is optimized for Bitcoin with the Keltner Channel Strategy, which is TradingView's built-in strategy. In the original Keltner Channel Strategy, it was difficult to predict the timing of entry because the Buy and Sell signals floated in the middle of the candle in real time. This strategy is convenient because if the bitcoin price hits the top or bottom of the Keltner Channel and closes the closing price, you can enter Buy or Sell at the next candle start price. In addition, this strategy provides a visual plot of the price (bprice, sprice) at which the candle is closed by hitting Keltner Channel. ▶ Usefulness and Originality - Convenient Buy and Sell entry compared to the original Keltner Channel Strategy - Optimized for BTCUSD market (maximizing profits) ___________________________________________ 이 전략은 TradingView의 Built-in 전략인 Keltner Channel Strategy를 비트코인에 맞게 최적화되었습니다. 기존의 Keltner Channel Strategy는 Buy, Sell 신호가 캔들 중간에 실시간으로 떠서 진입 시점을 예측하기 어려운 불편함이 있었지만 이 전략은 비트코인 가격이 Keltner Channel 상단 혹은 하단을 찍고 종가를 마감하면 그 다음 캔들 시작가에서 Buy 혹은 Sell 진입이 가능하여 편리합니다. 또한, 이 전략은 Keltner Channel을 만나서 캔들을 마감한 가격 (bprice, sprice)을 시각적으로 plot을 제공하여 타점 및 차트를 보기에 편리합니다.
Pine Script™ strategy
by chanu_lev10k
Keltner Channel [LINKUSDT] 1HThis is a long-only strategy tested on LINK/USDT, 1 hour bar, from Feb 2019. The entry is determined by the breakout of upper Keltnel Channel and when the +DI is higher than 32. Instead of a fixed stop-loss from the original script , I change the exit to the middle band of the Keltnel Channel. 1st profit target will close 20% of the position. 2nd profit target will close 30% of the position. While the remaining 50% position will be closed when the price closes below the middle band of the Keltnel Channel, to take advantage of big trend. All parameters are adjustable. I added another option to enable or disable the ribbon trend filter. My thoughts: For the same period, LINK appreciated 3000%. So I guess most in and out strategies couldn’t beat a buy and hold strategy during this period. But this doesn’t mean that this strategy is not feasible as each strategy is designed to only take advantage of a certain pattern or behavior of the market. Also, short term strategies allow you to use leverage and hence enable you to use you capital efficiently. Commission is set to 0.1%, taking account of the slippage. Suggestion: Please perform walk forward analysis before you use real money for trading. Parameters need to be adjusted from time to time depends on your analysis. Can try using ATR for profit targets as over a longer term, the volatility might drop hence a high fixed % profit targets might not be realistic. Any suggestions are welcome!
Pine Script™ strategy
by kh_thetrader
3
Combo Backtest 123 Reversal & Keltner Channel This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Second strategy The Keltner Channel, a classic indicator of technical analysis developed by Chester Keltner in 1960. The indicator is a bit like Bollinger Bands and Envelopes. WARNING: - For purpose educate only - This script to change bars colors.
Pine Script™ strategy
by HPotter
5