Keltner Channels Breakout Strategy by Comatus
By Comatus
Performance Metrics
- Author: Comatus
- Symbol: NASDAQ:ADI
- Timeframe: 1 day
- Win Rate: 36.3%
- Profit Factor: 1.277
Description
Strategy that's more suited to an investing timeframe than an active trading timeframe. It intends to ride the momentum of a stock that's outperforming the market, staying in until it loses its momentum. The rules are simple: Long OnlyGo Long when a candle closes above the Upper Keltner ChannelClose positions that close below the Lower Keltner Channel. The idea is to maintain a small portfolio of outperforming stocks to beat a Buy & Hold strategyKeltner variant of Nick Radge's Unholy Grails Bollinger StrategyDefault settings are:100 SMAUpper Multiplier: 3Lower Multiplier: 1Uses a Date & Time Range function by allanster