Here is a very robust method I use to spot breakouts. I am willing to share all my parameters for this method, including trade management, pairs, timeframes, settings, backtest results, etc, in return for someone coding an alarm for me/us. I need both an audible and email alarm to go off on the candle close when the Bollinger bands pass inside the Keltner channels. I have included the Keltner Channel indicator and the Bollinger bands come with the MT4 platform. Here are some pictures of the method. You could just take the idea and make a profitable method if you want, but I'm willing to share all of that information freely if someone can code an alarm.
If you are going to code it, know that the moving average is the same for the BB as for the Keltner channels.
This is actually a support/resistance trading method, I only use this combo to tell me when the market is primed for the setup. I have put a lot of time into testing this method and it is very durable. I would appreciate help creating an alarm and it will be beneficial for everyone.
If you're going to hate on me about withholding the benefits of my hard work, remember that we are all traders, and I am "trading" the results of my labor for someone else's coding skills. Fair enough?
If you are going to code it, know that the moving average is the same for the BB as for the Keltner channels.
This is actually a support/resistance trading method, I only use this combo to tell me when the market is primed for the setup. I have put a lot of time into testing this method and it is very durable. I would appreciate help creating an alarm and it will be beneficial for everyone.
If you're going to hate on me about withholding the benefits of my hard work, remember that we are all traders, and I am "trading" the results of my labor for someone else's coding skills. Fair enough?
Attached File(s)
Keltner Channels(2).mq4
3 KB
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