dinhchien

XAUUSD - Day trade by Keltner & ADX 8 Jan 2021

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
* The result is report from 1/1/2017 - present.
Risk: 2%.
Strategy was minus the fee by:
...Commission = 4 USD/trade.
...Slippage = 2 ticks.

* The signals are combined by 2 indicators Keltner Channel & The average directional index ( ADX ).
1. Long trend is confirmed when the close candle crossover the Upper 2 Keltner .
2. Short trend is confirmed when the close candle crossunder the Lower 2 Keltner .
3. ADX indicator below is used to performing the Entry by ADX crossing.
... When Keltner for Long is the crossover for Buy.
... When Keltner for Short is the crossover for Sell.
4. The Stop loss & Profit is with ratio 1/1. It's calculate by Average True Range Indicator ( ATR) 20 bars.
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