KEVINATOR TREND MOMENTUM STRATEGY

Тема в разделе "Indicators", создана пользователем admin, 20 фев 2024.

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    KEVINATOR TREND MOMENTUM STRATEGY

    Kevinator Trend Momentum Strategy

    Indicators Required

    MT Trend Line
    TMA CCGG (Repaint)
    MTF Stochastic
    Retracement Find

    Trading Settings

    Timeframe: 5 minutes
    Target: 5+ pips for both long and short trades.

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    Long Trades

    Confirm that the 60-minute (1hr) stochastic on the MRF stochastic indicator is trending upwards.
    Ensure that RF is positioned below the zero line on the indicator.
    Enter the trade when RF breaks above the zero line.
    Look for a confirmation bar to ensure entry into a favorable position.
    Exit the trade if the RF bar breaks back down below the zero line.
    Preferably, the TMA should be on the opposite side of your intended direction, closer to the bottom line for longs.

    Short Trades

    Verify that the 60-minute (1hr) stochastic on the MRF stochastic indicator is trending downwards.
    Confirm that RF is positioned above the zero line on the indicator.
    Enter the trade when RF breaks below the zero line.
    Ensure a confirmation bar is present for a valid entry.
    Exit the trade if the RF bar breaks back above the zero line.
    Aim for the TMA to be on the opposite side of your intended direction, closer to the top line for shorts.

    Additional Trading Strategy: MOM or Sling Shot Trade

    Target: 20+ pips
    Examine the 240 (4hr) stochastic on the MTF stochastic indicator.
    Observe the direction of the line.
    If the line shows an upward trend:
    a. Wait for price to break the lower band on the TMA line.
    b. Ensure the middle band maintains a visible uptrend.
    c. After price breaks the lower band and the middle band continues the uptrend, wait for a long break on the RF.

    Regarding Money Management (MM) for an automated trading system, further experimentation and refinement are necessary. Aggressive trailing of the Stop Loss (SL) has been employed during demo and live trading.

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