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Because the markets have changed since the 80s, I use longer periods for breakouts and trailing stops, no pyramiding, and a bigger ATR multiple as stop loss.
Before trading based on a new method or a new set of parameters, I backtest and so should you!
The strategies I sell are coded, public knowledge trading systems that are time proven to be reliable.
Names like Richard Donchian, Tom Basso, Richard Dennis, and Jerry Parker have used or are still using approaches like these.
They do not promise quick gains, a high win rate, or a smooth equity curve just to impress you, only to later blow your account.
These strategies are meant to grow your account balance in the long run, over the years.
No Martingale. No Grid. Built by a trader with 8 years of experience, not just a programmer. This EA follows Tom Basso’s methodologies and you must trade multiple markets(preferably over 20) on daily timeframe. Keltner Channels EA Expert Advisor that fully automates trading based on the logic of the "Keltner Channels Buy Sell Alerts" indicator. Added Tom Basso Mode (now default in version 1.10) as a second trading mode alongside the original Closed Candles Mode. See what's new section for
No Martingale. No Grid. Built by a trader with 8 years of experience, not just a programmer. Keltner Channels Buy Sell Alerts Keltner Channels are a popular technical analysis tool developed by Chester Keltner in the 1960s, often used by traders to gauge market volatility and identify potential breakout or reversal points. They consist of a central moving average line flanked by upper and lower bands based on the Average True Range (ATR), which helps spot overbought or oversold conditions
