forex "Keltner Channels" strategy - is very powerful and absolutely simple trading system that helps Forex traders clearly identify when the market trend is present, and when flat and when it is used properly, allows you to take profits from the market permanently.
And multi-currency strategy works on any time frames, but it is desirable H1 and above (as will be fewer false alarms).
Keltner Channels - a unique price envelopes or bands above and below the EMA (10), by multiplying its value by the amount of "Average True Range» (ATR).
That is why - it is quite interesting price channels. And precisely because they very well connected by 2 important indicator forex: exponential moving average and Forex indicator ATR.
And so we need to trade:
1) Forex Indicator - KeltnerChannels.mq4 (you can download it at the end of forex strategy)
2) to ADX Indicator (14), also need to add a level of 30
I recommend selecting a Forex dealing center with Metatrader 4 trading terminal.
Conclusion of the transaction for sale on forex strategy "Keltner Channels":
Deal to sell open pending order (hereinafter Lowe closed candles) or from the market, after the following conditions:
The candlestick closed below the red line indicator forex KeltnerChannels
-DX Crossed up + DX breakout Keltner channel (just as well, if -DX crossed the level 30)
The green line indicator ADX crossed your level 30 (or very close to him and raised from the bottom up)
Stop-loss - for the set of local maximum or above the blue line of Keltner channel.
Take Profit is not installed, and the position is closed once the candle closes back above the red line of Keltner channel or the trailing stop.
forex "Keltner Channels" To purchase the Strategy:
The deal on the purchase of open pending order (above Haya closed candles) or from the market, after the following conditions:
The candle closed above the blue line indicator forex KeltnerChannels
+ DX crossed -DX before breaking Keltner channel (just as well, if -DX crossed the level 30)
The green line indicator ADX crossed your level 30 (or very close to him and raised from the bottom up)
