Bollinger Band and keltner Forex Scalping Strategy
This is a scalping strategy that focuses more on the bollinger band and Keltner channel indicator. MACD is also use in this system to confirm. In this strategy, you will know the trend by these indicators. So, it means that this scalping strategy is also a trend following strategy.
- Bollinger Bands (20; 2);
- Keltener Channels (default);
- MACD (9; 12,26).
- Market is trending when Bollinger bands are greater than Keltner channels.
- MACD is greater than 0 and crosses up.
- Bollinger Bands (Upper band) is greater than Keltner channels (upper band).
- MACD is less than 0 and crosses down.
- Bollinger Bands (lower band) is greater than Keltner channels (lower band).
- Place Stop loss 2 pips above or below middle band.
- Profit Target ratio: 1:1 or fast profit.
Forex Strategies Installation Instructions
Bollinger Band and keltner Forex Scalping Strategy is a combination of Metatrader 4 (MT4) indicator(s) and template.
The essence of this forex strategy is to transform the accumulated history data and trading signals.
Bollinger Band and keltner Forex Scalping Strategy provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust this strategy accordingly.
Forex Metatrader 4 Trading Platform:
- Free $30 To Start Trading Instantly
- No Deposit Required
- Automatically Credited To Your Account
- No Hidden Terms
How to install Bollinger Band and keltner Forex Scalping Strategy?
- Download Bollinger Band and keltner Forex 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
- Right click on your trading chart and hover on “Template”
- Move right to select Bollinger Band and keltner Forex Scalping Strategy
- You will see Bollinger Band and keltner Forex Scalping Strategy is available on your Chart
Click here below to download: