Strategy
For calculation, two channels are used — one for long trades, and the other for short trades. The division into two channels is used for more accurate entry calculations, depending on trend directions.
The ADX indicator is used to filter signals and determine the trend strength. ADX determines the strength of the trend and confirms entry into the strategy if the value is greater than the level specified in the settings.
A function for calculating risk based on the portfolio (your deposit) has been added to the script. When this option is enabled, the entry amount in dollars is calculated relative to your Stop Loss. In the settings, you can select the risk percentage on your portfolio. The loss will be calculated based on the amount displayed on the chart.
For example:
Deposit – $1000, risk – 1%. SL – 5%. The entry volume will be $200. The loss at SL will be $10. $10 is your 1% risk, or 1% of your deposit.
Important! In most cases, the risk per trade in this script will be less than the Stop Loss value. If the risk is greater than Stop Loss, then the script will use leverage.
How to connect to the Wunder Keltner Bot
Add a strategy from our TradingView profile to your profile.
Choose individual settings for the bot based on your asset and timeframe.
Add your comments from the WunderTrading bot settings in the "WunderTrading Comments" field.
Create an alert on TradingView.
More instructions on how to connect bots to WunderTrading: