253# Forex Scalping with TMA Bands and Keltener Channel
TMA Bands and Keltner Channel Trading Method
Submit by Maximo Trader 20/11/2012
Time Frame 5m.
Currency pairs: majors (EUR/USD, GBP/USD, AUD/USD, GBP/JPY);
Metatrader Inicators:
Signal CCI (24),
Keltener Channel (default),
Painter V.1,
TMA (bands)+CG Madlen;
Long Entry
Wait that the price breaks upper bands of the TMA bands and Keltner Channel, after entry buy at first CCI Blue arrow.
Short Entry
Wait that the price breaks lower bands of the TMA bands and Keltner Channel, after entry sell at first CCI Red arrow.
Profit Target
Options:
Middle line of Keltner Channel;
At opposite arrow (add. ADX, when ADX<33; very aggressive);
Profit Target Predetermined.
Stop Loss15-20 pips depends by currency pairs.
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