I was on the same thought pattern and had tested this for trades that the price moved outside the Keltner Band and re-entered the band. Entry ONLY when the crossing of stochastic confirmed.mrtools wrote: Wed May 26, 2021 6:28 am Made a keltner stop and the kelner trailing stop EA. Need the keltner bands stop in your indicators folder for the EA to work.
Worked well on the Dax at 55 ema setting, K Band setting of 3.4, so looked at the GU and the standard 2.5 worked perfectly.
Trailing stop loss I had at 5 pips - stop loss the value of the Keltner Band
Looks very, very safe EA to me -- if it is codeable??
TEAMTRADER