Keltner Channel Reversal Trading is a
trading system based on the oscillations of the price out of the
bands. This is a bands momentum strategy. This trading system is easy
based only on two indicators the keltner channel and slow stochastic
oscillator.
Time Frame 15 min or higher.
Currency pairs: EUR/USD, USD/JPY,
USD/CHF, EUR/CHF, GBP/USD, GBP/JPY, AYD/USD, NZD/USD, AUD/JPY,
EUR/GBP, EURJPY, EUR/AUD, EUR/NZA.
Forex Indicators setting:
Keltners Channel 10 periods, close.
Slow Stochastic Oscillator (21,6, 6) ma
method linear weighted. close, levels (85 -15).
Trading Rules Keltner Channel Reversal
Trading
Buy
When the price close out of the lower
band of the Keltner Channel for entry wait that the slow stochastic
crosses upward and It's above the 15 level.
Place initial stop loss on the previous
swing low.
Make profit options: with predetermined
profit target, at the bands of the Keltner channel or when slow
stochastic go at 85 level.
Sell
When the price close out of the upper
band of the Keltner Channel for entry wait that the slow stochastic
crosses downward and It's below the 85 level.
Place initial stop loss on the previous
swing high.
Make profit options: with predetermined
profit target, at the bands of the Keltner channel or when slow
stochastic go at 15 level.
This system has a good profittability.
إرسال تعليق