KeltnerChannel_v1 MT4 Strategy

Time Frame 15 min.

Currency pairs:any.

Indicator:

Keltner Channel (setting: MA period 20, MA mode 0, price mode 0, ATR Period 10, K2, ATR mode false);

CCI (10 levels -100, +100).

This strategy is very simple. I like things simple and clear.

Buy

The price close upper midle band the price and CCI breaks 100 level.

Sell

The price close upper midle band the price and CCI breaks 100 level.

Exit position :

for buy with Profit Target 7-12 pips or upper band of Keltner Channel.

Stop loss 10-12 pips below middle band;

for sell Profit Target 7-12 pips or lower band of Keltner Channel.

Stop loss 3 pips above middle band;

Note: Do not Entry if the price Breaks uppper or lover bands before of the CCI indicatot breaks 100 or -100. This is conservative trading method.

scalping system with keltner channnel an CCI Template

This Scalping System is very profitable see picture.

In the picture below Scalping System with Keltner Channel and CCI in action.