Keltner Channels And CCI Forex Scalping Strategy

This is a comprehensive and profitable strategy. It can be used in a 15 minute timeframe and works in any currency pairs. This strategy’s main indicators are Keltner Channel and CCI.
This is a conservative method.

Forex Indicators:

• Keltner Channel (setting: MA period 20, MA mode 0, price mode 0, ATR Period 10, K2, ATR mode false);
• CCI (10 levels -100, +100).

Buy Entry:

• The price must close upper middle band.
• The price and CCI must break 100 level.

Sell Entry:

• The price must close upper middle band.
• The price and CCI break must 100 level.

Exit position:

• BUY: Profit Target is at 7-12 pips or upper band of Keltner Channel.
• Place stop loss at 10-12 pips below middle band.
• SELL: Profit Target is at 7-12 pips or lower band of Keltner Channel.
• Place stop loss at 3 pips above middle band.

Note: Do not enter if the price breaks upper or lower bands before of the CCI indicator breaks 100 or -100.

Recommended MT4 Broker

XM Broker

• Free $50 To Start Trading Instantly! (Withdraw-able Profit)
• Deposit Bonus up to $5,000
• Unlimited Loyalty Program
• Award Winning Forex Broker
• Additional Exclusive Bonuses Throughout The Year
• Exclusive 50% Cash Rebates for all Trades!

>> Sign Up for XM Broker Account here with Exclusive 50% Cash Rebates For All Future Trades [Use This Special Invitation Link]  <<

Already an XM client but missing out on cashback? Open New Real Account and Enter this Partner Code: 𝟕𝐖𝟑𝐉𝐐

Click here below to download:

Save

Save

Get Download Access