DAX Keltner Channel Breaker

Required membership: Free (Activate the plan here)

Type: Breakout

TimeFrame: 30min

Profit factor 1.63

Instrument: CFD indices

Supported platforms: MetaTrader 4, MetaTrader 5, StrategyQuant

Creating modern trading strategies today often combines classic technical indicators, generation from templates and artificial intelligence. The process begins with choosing a template that provides the basic structure of a strategy for trading in high volatility markets. This template uses proven indicators that track average price movements and volatility.

Artificial intelligence then comes into play as an analytical tool that processes huge amounts of historical data. AI identifies patterns and optimizes parameters, increasing the accuracy of predictions. The combination of templates, indicators and results in a sophisticated, adaptive strategy that constantly learns and adapts to changing market conditions.

We would like to introduce you to one of our strategies for free:

The DE_30_803015187_S_Ke_CF_SQX is an algorithmic trading strategy for MetaTrader, tested on DAX using the M30 timeframe from December 7, 2017, to June 2, 2023. Key details are:

MagicNumber: 803015187 Main Chart: Current symbol and timeframe

Trading Options
Weekend Trading: Allowed (Friday 00:38 – Sunday 00:38)
Daily Exit: Disabled (15:00)
Friday Exit: Enabled at 19:00
Max Trades/Day: No limit Stop Loss (SL) and Profit Target (PT): No predefined limits

Entry Signals
Long Entry: Triggered when the Open is below the lower band of Bollinger Bands (period 10, deviation 2) after opening above it.
Short Entry: Triggered when the Open is below the lower band of Bollinger Bands (period 4, deviation 1.9) after opening above it.

Entry Rules
Long Entry: Opens long orders at the upper band of the Keltner Channel (period 252, factor 3.35) plus 0.5 times the smallest range of the last 170 bars, with a SL of 0.5% and moves SL to break-even at 2.3 times the ATR(117), valid for 111 bars. Exit after 65 bars.
Short Entry: Opens short orders at the upper band of the Keltner Channel (period 124, factor 4.76) minus 0.1 times the biggest range of the last 144 bars, with a SL of 0.5% and moves SL to break-even at 3.6 times the ATR(189), valid for 111 bars. Exit after 80 bars.

Exit Rules
Long Exit: Closes full position if market is long and no LongEntrySignal is active.
Short Exit: Closes full position if market is short and no ShortEntrySignal is active.

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