Optimized Keltner Channels Strategy [NIFTY] by sudhank_naincy
By sudhank_naincy
Performance Metrics
- Author: sudhank_naincy
- Symbol: NSE:NIFTY
- Timeframe: 5 minutes
- Win Rate: 47.7%
- Profit Factor: 1.693
Description
Two gentle, mathematically sound optimization methods have been added to the original logic:Optional 200 EMA Trend Filter: Keeps your breakouts aligned with the macro trend (Longs only above 200 EMA, Shorts only below)[1].Optional Mid-Band Close Exit: Instead of waiting for a full opposite-channel breakout to exit, this closes the trade if the price closes past the Middle Band (the baseline). This cuts losses early without choking the trade with a tight ATR stop.