11# Keltner Channels and EMA

Keltner Channels

Submit by ForexStrategiesResources

 

This is forex scalping trading system based on the Keltner Channels.

Pairs:Major

Time frame: 5M.

Spread max:0,00015.

Price: Bar Chart.

 

Indicators:

Keltner Channels period 40;

EMA period 8;

 

Long entry position: when EMA is greater than market action >= upBand;

 

Short entry position: when EMA is less than market action <= dnBand;

 

Profit exit: close out for profit at a 5-12 pips. 

Stop loss: at middle band or 9 pips loss.


 

In the picture below an example of the Keltner Channel indicator and EMA indicator forex scalping system in action.

Keltner channel and EMA
Keltner channel and EMA

 

Share your opinion, can help everyone to understand the forex strategy.

 

Write a comment

Comments: 6
  • #1

    Jorge (Friday, 27 September 2013 14:12)


    One of the most simple and best strategies i have ever seen

  • #2

    Robin (Wednesday, 24 December 2014 12:46)

    Whats the width of the band?

  • #3

    ron carnel (Wednesday, 07 January 2015 20:44)

    True...but don't forget to add other indicators or fib level to e more accurate :)

  • #4

    Venkat (Thursday, 07 May 2015 17:33)

    yes absolutely agree... works on stocks also!!

  • #5

    AHMAD (Friday, 26 June 2015 00:21)

    HELLO CAN IT WORK ON CHART 15M AND WHAT ST AN TP

  • #6

    Extralex (Tuesday, 14 July 2015 19:01)

    Incredible! Now test element and mixed with a small Martngale, showing wonderful results.

Keltner Channels Trading System
Keltner Channels Trading System
Keltner Channels.zip
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Keltner Channels and EMA
Keltner Channels and EMA trading system strategy based on the EMA and Keltener channels
keltner channels and ema.rar
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