Hello everyone, I am your Cat Brother. Well, those born after 2000 should call me Uncle Cat...
The configuration method previously released was sent via short messages, so there were limitations on pictures and text, and many friends still couldn't understand it. So now I have added a complete version. This version will be used as the standard in the future.
Let's start with the PC version. The PC version is the same as the web version. At first, I configured it remotely for people, but later I found that it might be a trust issue. Many people were afraid of what I would do, so I just made it public. Everyone can lose less money and increase their winning rate, and that's ok.
Part 1 (PC/Web Configuration Instructions)
The detailed configuration of the PC version is as follows:
First, click TV to switch to TV mode.
Then click on the technical indicators, as shown below
Then enter kc, as shown below
Just click twice. If you click too many times, click x to close it, and then it will look like the picture below.
Hover your mouse over the box on the left to see the settings gear and the closed x
Next Steps
According to the settings in the picture, cancel the middle track of 3.75. You can configure the color according to your preference.
After configuration, it will be as shown below
Use different colors to distinguish prices. My suggestion is to use one color for the upper and lower rails of KC1, one color for the upper and lower rails of KC2, and one color for the middle rail. In this way, you can know at a glance where the current price is when you compare it with the current price.
Part 2: Mobile version configuration instructions
First, tap More
Then switch to TV, as shown below
Then enter kc, select Kentner, and click twice (there is no prompt for this step, just click it)
Then, pay attention to the screen mark position and click
After clicking, as shown below, if there are too many configurations, click x to close. 2 will be enough, then click the small gear
As shown in the figure below, the two configurations are kc1 (length 50, multivariate 2.75) and kc2 (length 50, multivariate 3.75).
Then, kc2 needs to cancel the middle track and click on the style selection, as shown below
Then click OK and the configuration is complete. Remember to adjust the color, otherwise it will be ugly if it is all blue.
Part Three: Indicator logic, trading logic, and the logic of several basic forms.
1. Indicator logic: The Kent indicator is the same as the Bollinger Bands, both of which are used as channel indicators. The core logic is that price fluctuations will run in a large box, and the trend will often continue. The rising will continue to rise, and the falling will continue to fall. According to 50 historical K data and multiple, the top and bottom prices calculated have great reference value. (If you don't believe it, you can look at the historical market after the configuration). Here, we must follow a big principle, that is, the small time level follows the principle of the large time level. For example, the 15-minute, 1-hour time rising pattern, the 4-hour, daily level falling pattern, then it is understood that this is a rebound in a falling market. At this time, the priority trading logic is to go short after the rebound, rather than to go long at a low position. The time level is based on minutes to follow 1h, 1h-4h, 4h-day, day-week. You don't need to keep looking at the big time level, as long as you take a look at the current big trend before trading. Of course, you can also configure the split-screen mode of the web version, and then watch multiple different time levels of market at the same time to better monitor the current price operation. Double Keltner, with KC1 and KC2 forming a relative strength area, with KC1 as the first target and KC2 as the second target, is used to judge the strength of the unilateral trend momentum. This can play a good role in reminding in trading.
2. Transaction logic:
The logic of going long is to enter a long position when the price falls below kc2 and pulls back to kc1 (the large time level cannot be a falling pattern). It is shown in the figure below.
This chart clearly shows that it goes from below the lower track, upward, and crosses the lower track of kc1. So many orders are placed here. After entering, the stop loss is the price of the lower track of kc2. After opening an order, you must bring a stop loss! ! ! When the price breaks away from the lower track, move the stop loss up to breakeven. If the price moves as expected and goes up all the way, it is recommended to stop profit at the middle track price for 50%, and the remaining 50% when it reaches the upper track of kc1 according to the momentum. After the price crosses the middle track, move the stop loss up to the middle track price. After breaking through, all profits are taken.
In a unilateral upward trend, it is difficult to encounter a situation where the price reaches the lower track, so we will place orders around the middle track. For example, the following figure:
When the price crosses the middle track from bottom to top, buy more and stop loss at 0.3-0.5% below the middle track price. If the price is out of the middle track price, the stop loss will move up to the break-even price. When the price reaches the upper track kc1 price, stop profit half and move the stop loss up to the kc1 upper track price. After breaking through, stop profit for all.
The logic of short selling:
For short selling, do the opposite. When the price falls below the upper track of kc1 from the upper track of kc2, enter the short position. The stop loss is at the price of the upper track of kc2. Do not enter the short position when it does not fall below the upper track of kc1! ! ! This is also the direct reason why many friends are stuck in short selling, because they cannot judge the strength of the momentum. A very strong bull market can be shown as follows:
In this situation, you should never enter a short position. If you enter, you will be hit back and forth.
Large time level pattern:
In fact, Kent’s own pattern, no matter what the current trend is, you can tell the current trend by just looking at the pattern shown by this channel, for example.
In the end, a peaceful mind, a stable mood, and a little bit of luck are the essence of whether a transaction can be successful. Technology only prevents you from entering orders at the wrong point and going against the trend, and minimizes possible losses without considering luck.
But technology is not omnipotent, experience is not omnipotent, and the market is changing rapidly.
You must dare to stop loss, be willing to stop loss, and be willing to cut losses. If you are wrong, you are wrong. You can only live long if you can correct it immediately.
In this place, it is easy to triple in one day, but it is very difficult to triple in one year. The reason is nothing more than death in an extreme market. Why did it die? Death due to failure to stop loss, death due to full position, death due to resistance to orders, death due to stop loss not being triggered in extreme market conditions.
Therefore, trying and error with a light position, increasing positions with floating profits, position by position, and using a reasonable leverage ratio are the keys to your survival.
If you go all-in with high multiples every time, the time you can survive in this market may be shorter than that of a grasshopper.
Each time you open a position, you open a risk exposure. If it is not necessary, it is best to trade at a level above 4h. The larger the time level, the higher the error tolerance, and the less likely you are to lose money. Because it often takes a lot of kinetic energy to form a trend at a long time level, and once it is formed, as long as there is no black swan in the process, it will continue to develop downward as expected. And the profit and loss ratio is very high, it can easily reach 1:10
It is not short-term because the time is short, there are fewer uncertain factors, and it is easier to make money. On the contrary, the shorter the time, the higher the requirements for mentality, operation, emotion management, and position management. Because the shorter the time level, the higher the possibility of market reverse fluctuations and failure to meet expectations.
Finally, repeat it one last time.
Technology is not omnipotent. Don't let your greed and desire increase exponentially just because you have learned something or used something to quickly increase your profit level in a short period of time. Please manage your mentality and don't do things like gambling your entire life. It is normal in this circle to be able to afford to win but not to be able to afford to lose. Please only use spare money to trade.
It is best not to have unrealistic fantasies. After all, while holding a position, a goose may come at any time and take you away directly.
