400# Keltner Scalping with double Dynamic Zone RSX Trading System

Double Dynamic Zone RSX

 

Submit by Mike Trader 28/11/2013

 

Keltner Scalping with double Dynamic Zone RSX, is a Trend-momentum Scalping System.

 

Time Frame 5 min.

Currency Pair: EUR/USD, GBP/USD, USD/CHF, AUD/USD;

Spread Max 0.0015 Indicators:

89 Period Simple Moving Average,

Keltner Channels with a 22 period moving average ;

Stochastic Momentum Indicator (5,3,3) ;

Double Dynamic Zone RSX (14, 5, ) befor install Dynamic Dll ;

 

Trading Rules

The entry rules for both methods are identical. For the scalping method I enter my target exit order immediately. Trades only in direction of the trend.

The trend is determined by moving average 89 period.

 

 

Buy

Conditions required for trade entry - in sequence:

1. Price is above or testing the 89 period moving average on the 5 minute chart.

2. 2. Price i closely above the Keltner Channel;

3. The Stochastic Momentum is above 60;

4. Double Dynamic zone RSX crosses upward the lower band or above the green dot line.

 

Sell

Conditions required for trade entry - in sequence:

5. Price is below or testing the 89 period moving average on the 5 minute chart.

6. 2. Price i closely below the Keltner Channel;

7. The Stochastic Momentum is above 60;

8. Double Dynamic zone RSX crosses downward the upperband or above the red dot line.

 

Exit position

Initial stop loss 3 pips below the middle band of the Keltner channel.

Profit Target 7-12 pips depends by currency pair.

Keltner Scalping with double Dynamic Zone RSX Trading System
Keltner Scalping with double Dynamic Zone RSX Trading System
Keltner Scalping with double Dynamic Zone RSX Trading System
Keltner Scalping with double Dynamic Zone RSX Trading System

Keltner Scalping with double Dynamic Zone RSX Trading System

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Keltner Scalping with double Dynamic Zone RSX Trading System (Inndicators and Template)
Keltner Scalping with double Dynamic Zone RSX Trading System (Inndicators and Template)
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