This is the defaut keltners channel strategy with a few additions. The main purpose is to show how we include the Kelly ratio into our scripts for dynamic position sizing based on the performance of the strategy on a per trade basis.
We've also included the usual take-profit and stop-loss parameters in the event you want to play a little :)
We hope this helps you advance your personal system. Happy Trading!
This is a wonderful tool for position sizing! Autoview is amazing also. Big Thanks for creating both tools.
CryptoRox
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@Zen-Trading-Strategies, This is huge coming from the master of algorithmic automated trading. Thanks coach!
FLeite28
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Thanks a lot for this script, i was looking for something like this in open source for months here...
PineCoders
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This publication is now featured in our Editors' Picks: tradingview.com/scripts/editors-picks/ .
In the name of all TradingViewers, thank you for your valuable contribution to the community, and congrats!
Xo_Trader
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Go Back Man
bashkatov82
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Good afternoon, I like your work. I wanted to ask for help, there is a ready-made indicator, the indicators are excellent, I would like to check it in the strategy, but I am not friends with programming. Could you help with writing the strategy code?
crypteisfuture
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I think it's a wrong calculation, because when Kelly Ratios is less than 0, it will use the whole equitity to open and close the trade.