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Course: Options - Iron Condor
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Curriculum

Options - Iron Condor

Text lesson

Technical Charts to use

What Charts do I use?
INSIDE the Keltner Channel • You can place EITHER Bullish or Bearish Credit Spreads
#1 Usually the Keltner Channel has a 20 period moving average line running in the middle
Looking at the Daily Chart :
• If you are in the bottom 22 of Keltner Channel, favor Bearish
• If you are in the top 22 of Keltner Channel, favor Bullish 

 #2 Add extra Criteria to Top/Bottom 22 of Keltner Channel to determine Bullish or Bearish

• On the Hourly Chart
• plot an 8 Exponential Moving Average
• plot a 13 Exponential Moving Average
• If hourly 8EMA IS ABOVE 13 EMA + Top 22 K.C. = Bullish
• If hourly 8EMA IS BELOW 13 EMA + Bottom 2 K.C. = Bearish