The Entry Rule

Main rule
Trade only when 20 periods ck_speed indicator is not in green color. And we use Asian market session as time to trade.

Entry rule
Basically each time price penetrates the Keltner channels, than we put our trade there. This approach is the reverse side of VS_EURCHF entry rules. If VS_EURCHF tend to trade inside the channels, then this VS_EUROCROSS tend to trade outside the channel.



If you want to see how VS_EUROCROSS to work, then you need to attach 3 Keltner Channels indicators, and set their fib level to 2.0, 3.0 and 4.0, and attach 1 20 Period ck_speed indicator.

Please keep remembering that we must still use a double spread rules as minimum barrier. This is the step to create signal filter. We take current pairs spread and then we multiply with 2. And now we take the current 20 period ATR value, divided this ATR value with pairs point to get a rounded number. Take the maximum value, double spread value or ATR value; this value will become our signal filter. This technique will guarantee that our minimum profit target as much as current spread. And there are no trades executed if the distance between current price and Moving Average below our signal filter. And finally our trade position will look like this:

- 1st trade must occurs above 1st deviation keltner channels
- 2nd trade must occurs above 2nd deviation
- 3rd trade must occurs above 3rd deviation
- 4th trade must occurs above 4th deviation


Mathematical situation
There is a time that when first trade has executed, than the price not retrace as we expected, rather the price with a slow move go against our position and even without break next deviation upper/lower Keltner Channels.
If our last open price now being equal with the current 20 period moving average, clearly we are in bad trade because whenever the price across the moving average, we still suffering a loss. Therefore meet this situation EA will avoid the rule above, rather as long as price penetrate above/below 1st deviation Keltner Channel, then EA will execute new trade if current moving average value now being equal with our last open position. To simplify we can use bar count method, normally if price back to Moving Average below 6 bars since our entry than we are still making profit there.