Last updated:
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.
Forex Indicators:
- Bollinger Bands (20; 2);
- Keltener Channels (default);
- MACD (9; 12,26).
Rules:
- Market is trending when Bollinger bands are greater than Keltner channels.
Long Entry:
- MACD is greater than 0 and crosses up.
- Bollinger Bands (Upper band) is greater than Keltner channels (upper band).
Short Entry:
- MACD is less than 0 and crosses down.
- Bollinger Bands (lower band) is greater than Keltner channels (lower band).
Exit Position:
- Place Stop loss 2 pips above or below middle band.
- Profit Target ratio: 1:1 or fast profit.
Level up your trading
Learn to read the chart — not just the indicator
eBook · Instant PDF
The Candlestick Playbook
Read and trade 40+ candlestick patterns — with exact entries, stops and exits.
Video Course · 12 modules
The Price Action Masterclass
Read clean charts the no-indicator way — pin bars, support & resistance, entries and exits.
Recommended MT4/MT5 Brokers
XM
- ✓ *FREE *$50 to start (withdrawable)
- ✓ Deposit bonus up to $5,000
- ✓ Negative balance protection
Trading forex and CFDs carries a significant risk of loss and is not suitable for everyone. Broker links are affiliate links — we may earn a commission at no cost to you.
Forex Strategy Download:
Enter Your Email Address below, download link will be sent to you.
Get Download Link