Keltner Channel Reversal Forex Scalping Strategy
This system is using a keltner channel indicator to detect a good entry. This works on a 15 minute timeframe or higher. This is useful in any currency pairs. There are also other indicators used in this system to assist the main indicator.
- Keltner Channels,
- Lucky Star V.2.
- The price must break the upper band.
- Wait red bar of the Lucky Star V.2.
- Sell at open of the next bar.
- The price must break the lower band.
- Wait blue bar of the LuckyStar V.2.
- Buy at open of the next bar.
- Take profit at 8-12 pips depending on the currency pairs or middle bands of the keltner channels.
- Place stop loss 3 pips below or above the entry bar.
Forex Strategies Installation Instructions
Keltner Channel Reversal 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.
Keltner Channel Reversal 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.
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How to install Keltner Channel Reversal Forex Scalping Strategy?
- Download Keltner Channel Reversal 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 Keltner Channel Reversal Forex Scalping Strategy
- You will see Keltner Channel Reversal Forex Scalping Strategy is available on your Chart
Click here below to download: