Keltner Channel Bounce #Marketplace

161% strategy
performance

76.20% buy&hold
performance

33% percentage
of winning trades

2.46 reward to
risk ratio

0.64% average
position return

-26.90% drawdown

A long strategy created by TrendSpider on TrendSpider. Tested at of FANG, Daily.

You can import this strategy into your TrendSpider account. Don't have TrendSpider? Create an account first, then import the strategy.

Chart type the strategy tested at: Candles. Market data: regular session. Trade by: open. Backtest results as of .

Entry Conditions

All of the following: # "November"
  D Chart(close) > D Keltner Channel (20, SMA, 10, 2, 0, close), Low
  Any of the following:
      D Chart Touch D Keltner Channel (20, SMA, 10, 2, 0, close), Low
      D Chart Bounce Off D Keltner Channel (20, SMA, 10, 2, 0, close), Low
      D Chart Break Through D Keltner Channel (20, SMA, 10, 2, 0, close), Low

Exit Conditions

Take Profit	Exit if gained more than 10%.
Stop Loss	Exit if lost more than 4%.