3# Bitcoin Scalping with Keltner Channel

Submity by Lorenz

 

Bitcoin scalping with keltner channel is a volatility scalping trading system. In this scalping method I enter my target exit order immediately after I enter my protective stop. You can use this strategy on all time frames. The common feature is quick profit.

Bitcoin Scalping with Keltner Channel
Bitcoin Scalping with Keltner Channel

Setup Stratgy

Time frame 1 min, or higher.

Pairs Bitcoin, Ethereum, Litecoin.

Indicators

SMA 89, period.

MACD (5,35,9).

Keltner Channel 22 periods, 1.

Long Trades

Conditions required for trade entry - in sequence:

1. Price is above or testing the 89 period moving average on the one minute chart.

2. Price is within the Keltner Channels or closely or below it

3. The MACD (5/34/9) Histogram turn above zero.

Short Trade

1. Price is below or testing the 89 period moving average on the one minute chart.

2. Price is within the Keltner Channels or closely or above it

3. The MACD (5/34/9) Histogram turn below zero.

Exit position

I set my exit price between 6 and 12-pips above my entry price. (The rule is fast profit target in relation at the time frame).

Stop loss above belowe the previous swing high/low.

Bitcoin Scalping with Keltner Channel
Bitcoin Scalping with Keltner Channel
Bitcoin Scalping with Keltner Channel
Bitcoin Scalping with Keltner Channel
Bitcoin Scalping with Keltner Channel
Bitcoin Scalping with Keltner Channel

Volatility Double Channel Breakout Trading System

Submit by Forexstrategiesresources

 

Pairs: all.

Time Frame: 15 or higher.

 

Indicators:

RSI (11) Levels (35, 65)

20 SMA High;

20 SMA Low;

5 SMA High;

5 SMA Low.

 

Long Entry:

When 5 SMA High >20 SMA High, RSI (11)>65.

 

Short Entry:

When 5 SMA High <20 SMA High ,RSI (11)<35 .

note:if the bar setup is more than double the previous do not enter.

Exit Position

Stop loss is placed on the lower band of The 5 SMA if position (Buy), on the upper band of 5 SMA if position (Sell).

Exit Position also with aggressive Target Profit is recommended. (to see example)


 

Share your opinion, can help everyone to understand the forex strategy.

Comments: 1
  • #1

    john (Friday, 22 February 2019 19:04)

    an interesting one.

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