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.
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