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.

Comments: 9

#9
Walddo (Thursday, 17 February 2022 01:27)

Absolutely brilliant. Thank you!
#8
Luzviminda (Monday, 06 November 2017 06:44)

Where can I find a scalping EA on 1 minute chart?
#7
Sam (Friday, 05 February 2016 10:25)

Hi, thanks for making trading forex and binary option easier. Please can I get Derivative Oscillator from you. Here is my email. soneyeolumide@gmail.com. thanks.
#6
Extralex (Tuesday, 14 July 2015 19:01)

Incredible! Now test element and mixed with a small Martngale, showing wonderful results.
#5
AHMAD (Friday, 26 June 2015 00:21)

HELLO CAN IT WORK ON CHART 15M AND WHAT ST AN TP
#4
Venkat (Thursday, 07 May 2015 17:33)

yes absolutely agree... works on stocks also!!
#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 :)
#2
Robin (Wednesday, 24 December 2014 12:46)

Whats the width of the band?
#1
Jorge (Friday, 27 September 2013 14:12)

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