PC/Web Binance Kent indicator setting instructions

First release this PC version, and then release the mobile version.

First of all, it should be noted that Kent is a counter-trend indicator, which means that it is a left-side transaction, low-long-high-short. This is a trade against the market trend, so there are still risks. You must bring a stop loss, must bring a stop loss, must bring a stop loss! ! !

First, we switch to the K-line chart, then click to switch to TV and then click on technical indicators, search for keywords: kc, and then click twice, you can see that 2 kc indicators appear in the upper right corner. Then click on the small gear and click on settings. Change the parameters to: length 50, multivariate 2.75 and 3.75 respectively, and then cancel the middle track in the style setting of 3.75 (click the previous check mark), and then you get a channel indicator similar to the Bollinger band. The color can be adjusted according to your preferences.

Then it should be noted that multivariate 2.75 is kc1, narrow frequency. The multi-3.75 is kc2, broadband, and kc1 and kc2 will be used to explain the current position in the future.

For intraday trading and ultra-short-term trading, you can choose 15-minute and 30-minute level charts. For mid-term trading, look at 1-hour and 4-hour level charts. For long-term trading, look at 4-hour and daily level charts.

The trading logic is as follows:

For the logic of entering more, if you want to be stable, you can enter more when the k-line falls from top to bottom, breaks through kc1 to reach kc2, and pulls back to the lower track of kc1 again. If you are more aggressive, you will enter more after breaking through kc2 and forming a new support below. If you want to be stable, open more at the lower track of kc1, then the stop loss is the price of the lower track of kc2. If it is an aggressive approach, stop loss at 0.3~0.5% below the opening price. If you want to be stable, you can stop profit at 50% of the middle track price and stop profit at all upper track prices.

The logic of going short, if you want to be stable, when the K line rises from bottom to top, breaks through KC1 to KC2, and falls below KC1 again, go short. Take profit at 50% of the middle track price, and take profit at all of the lower track price. In fact, I don’t need to explain so much. After you match this indicator, you should be able to see the current price operation immediately, and compare it with the wrong order you opened before, you will immediately find out how unreliable the position you entered is.study hard, improve every day!