329# Keltner Channels Reversal Scalping System
Keltner Channels with Lucky Star 2
Submit by Joy22 29/02/2013
Rules for Keltner Channels Reversal Scalping.
Time Frame 15min, or higher.
Currency pairs:any.
Metatrader Indicators:
Keltner Channels,
LuckyStar V.2.
Short Entry
When the price breaks upper band wait red bar of the LuckyStar V.2 and sell at open of the next bar.
Long Entry
When the price breaks lower band wait blue bar of the LuckyStar V.2 and buy at open of the next bar.
Exit Position:
profit target 8-12 depend by currency pairs or middle bands of the keltner channels;
stop loss 3 pips below or above the entry bar.
keltner channels reversal scalping system
In the pictures below keltner channels reversal scalping system in action.
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Sadiq (Monday, 09 December 2019 10:23)
Nice indicator
worse trader (Monday, 07 September 2015 23:32)
does lucky star repaints? where can i get the code?
current (Friday, 09 January 2015 15:07)
ic2r - draws
damber (Tuesday, 11 February 2014 11:43)
The worst indicator ever seen. It doesn't repaint immediatly but if forecast is not according with market and you close and reopen immediatly MT4 platform all indicators are changed.
Very dangerous. Only fo loosing money
Troy (Tuesday, 21 January 2014 16:07)
The bars and stars repaint a lot...