Forex Keltner Channel EMA Scalping Strategy

Forex Keltner Channel EMA Scalping Strategy

Forex Keltner Channel EMA Scalping Strategy;

Forex Keltner Channel EMA Scalping Strategy

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

Pairs:Major

Time frame: 1M, 5M.

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 forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.

For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.

How to install Forex Keltner Channel EMA Scalping Strategy?

  • Download Forex Keltner Channel EMA Scalping Strategy.zip
  • Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
  • Copy tpl file (Template) to your Metatrader Directory / templates /
  • Start or restart your Metatrader Client
  • Select Chart and Timeframe where you want to test your forex strategy
  • Load indicator on your chart

How to uninstall Forex Keltner Channel EMA Scalping Strategy?

To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.

Download Free Forex Keltner Channel EMA Scalping Strategy

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