KA-Gold Bot is a complicated buying and selling advisor particularly designed for gold, using the highly effective mixture of the Keltner channel technique and two exponential transferring averages (EMAs) – the 10-period EMA and the 200-period EMA.
Precept of Operation:
– The 10-period EMA represents the typical value slicing above/beneath the Keltner band, confirming an uptrend/downtrend. The value being above the 200-period EMA helps the uptrend/downtrend. This means that the uptrend/downtrend has been stronger than the earlier 10 intervals, contemplating the volatility over the past 50 intervals.
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