Does Keltner channel breakout actually work on RIOT? We tested it

This strategy made a huge amount of money, turning a starting amount into nearly 20 times that over the whole test. However, the ride was extremely lumpy, with a brutal drawdown of over 64% that lasted more than a year from late 2017 into early 2019, which would have been very painful to sit through. The result is not driven by just a few lucky trades, as the win rate is close to 50% and the average trade return is solidly positive. The entry timing is a major part of the edge, since the real entries beat 99% of random entry runs, meaning the specific moment you get in matters a lot. The edge also shows up consistently across all four walk-forward periods, so it is not a fluke from one lucky stretch.