New edge proposed: keltner_channel_breakout_with_atr_trail — E8 Intelligence Research

{ "name": "keltner_channel_breakout_with_atr_trail", "source": "Linda Raschke / 'Street Smarts' \u2014 Keltner Channel (10 EMA, 2\u00d7ATR) breakout in trending markets", "type": "entry_engine", "rule": "Go long when close crosses above the 10-period EMA plus 2\u00d7ATR(10) and the 10 EMA > 30 EMA; go short on the symmetric breakdown with 10 EMA < 30 EMA; exit on 2\u00d7ATR(10) trailing stop from the highest close since entry.", "pseudocode": "ema10 = EMA(close, 10)\nema30 = EMA(close, 30)\natr10 = ATR(10)\nupper = ema10 + 2*atr10\nlower = ema10 - 2*atr10\nlong = close > upper and ema10 > ema30\nshort = close < lower and ema10 < ema30\ntrail = max(close_since_entry) - 2*atr10 # for longs", "why_it_works": "Keltner breakouts in the direction of the short EMA slope capture volatility expansion aligned with trend, while the ATR trail lets winners run and cuts losers mechanically." } Author: Andrew Stewart Caldin, Independent Researcher, UK. Part of the E8 Intelligence Research series. Platform: e8intelligence.com