Keltner Channel

[kinkeadfx]

I am trying to build an automated strategy with the strategy wizard using the Keltner Channel but i am having trouble with the logic and the plots. I want it to Buy when the price passes the upper band and to Sell when the price passes the lower band.

[NinjaTrader_CalH]

Hello Kinkeadfx,

Thank you for your post.

I have attached a screenshot of how to add this to the Strategy Wizard for going long.

For your short condition you would want to use Less Than (<) and change the plot property from the indicator to Lower plot.

Let me know if I can be of further assistance.

[kinkeadfx]

Ok i got the Keltner Channel working as a strategy now, how would i put a strategy together for the ZigZag Indicator? Would it be just like the logic for the Keltner Channel?

[NinjaTrader_CalH]

Hello Kinkeadfx,

Correct, you would use the same process for the ZigZag as well.

[mreisinger]

Similar issue

I'm trying a similar strategy using Kelter Channels. I would like to sell when price is above the moving average and touches the channel and then the next candle closes lower. The opposite to buy would be when below the MA and touches the bottom of the channel. Any help in what condition settings would be appreciated.