Keltner Channels and EMA
This is forex scalping trading system based on the Keltner Channels.
- Spread max:0,00015.
- Price: Bar Chart.
- Keltner Channels period 40;
- EMA period 8;
Long entry position:
- when EMA is greater than market action >= upBand;
Short entry position:
- when EMA is less than market action <= dnBand;
- close out for profit at a 5-12 pips.
- at middle band or 9 pips loss.
In the picture below an example of the Keltner Channel indicator and EMA indicator forex scalping system in action.