Find and Trade the Best Reversals

Day 1: Find and Trade the Best Reversals

• Indicators can help detect Reversals

– Channels, Oscillators and Trending Indicators provide valuable Signal information

The Keltner Channel System

• Definition (Long Entry and Exit): – Entry on Lower Band Crossover to the Inside of the Band.

– Exit on any Crossover of either Band.

Keltner Channel Strategy

• Creating the Strategy in OmniTrader

– Entry Systems Block

– Exit in Trade Plan Block

Keltner System in Systems Block

Exit Defined in TradePlan Block

Getting the Setup List

• Apply Keltner Crossover Scan across the entire market in OmniScan!

Sorting to Identify the Best Signals

Advisor Rating – New in OmniTrader 2019

• Advisor Rating shows us which symbols have been working well with the System ahead of the Signal.

Improving the Signals

How can we get a Better Signal? Let’s look at additional indicators that provide confirmation... • See Likely Reversals:

Summed RSI Indicator

• See Strong Trends vs. the market: Smoothed Relative Momentum.

• Determine Up-Trend or DownTrend Linear Regression Slope

Indicator Visual Reference

Here are the indicators, rendered in OT 2019 with Color Charts.

Reversal Likely Strong vs. the Market Up-Trend

The Power of Artificial Intelligence

Let the AI figure it out.

• We can create a Genetic Algorithm and let it find the most profitable setups with these ideas, and then test them on out of sample data.

Wrap-Up

• ANYONE, on ANY Platform can take advantage of the Keltner Crossover System using the Indicators defined on the Download page.

• OmniTrader Users can download the Strategy, Scan and Color Charts.

• Nirvana Club Members can download the A.I. version of the Strategy.

Downloads

For all Users (on Open Resources): • Indicator and System Definitions

For OmniTrader Users (“ “ “): • Instructions • Keltner Channel Strategy • Confirming Indicator Files • Color Chart Files • OmniScans

For Nirvana Club Members

(Member Downloads) • A.I. Powered Strategy

ww2.thenirvanaclub.com/open-resources

Find and Trade the Best Reversals