This is a strategy/combination of warning indicators using 3EMA and Keltner Channels.
I set up this strategy with the aim of reducing analytical labor in the market. When this strategy warns signals, then buy or sell.
This strategy setup works for timeframes, however it can still work for different timeframes.
It works well with Gold in various timeframes. If you want to apply it to other currency pairs, you must fine-tune the parameters for maximum efficiency.
The strategy details are as follows:
Ingredient:
EMA50 + EMA120 + SMA
Keltner Channels
Long position Alert:
EMA50 is above EMA120
The candlestick touches the lower KC band
Long position alert will trigger when the candlestick reaches the above conditions and the candlestick starts crossing up to the SMA
Short position Alert:
EMA50 is below EMA120
The candlestick touches the upper KC band
A short position alert will trigger when the candlestick reaches the above conditions and starts crossing down to SMA
Recommended RR: 1:3
If you have any questions please let me know !