Forex Strategy «Keltner Channels»

Forex Strategy «Keltner Channels» — a very powerful and is a simple trading system that helps a trader forex clearly: when the market presence of the trend, and when the Flat and, if properly used, allows you to take profits from the market permanently.

• Multicurrency strategy and works on any TF, but H1 and preferably higher (as will be fewer false signals).
• Keltner Channels — this kind of price envelopes or bands, above and below EMA (10), by multiplying its value by the amount of ATR.

That’s why — it’s quite interesting price channels. And precisely because they are very well connected by 2 important indicator forex: exponential moving average Forex indicator, and ATR.

And so we need to trade:

1) Indicator Forex — KeltnerChannels.mq4 (you can download at the end of the  forex strategy)

2) Indicator ADX (14), just need to add a level of 30

• I recommend to select the trade center Dealing with Forex trading terminal Metatrader 4.

The deal for the sale of open pending order (hereinafter Lowe closed candles) or from the market,

when the following conditions:

• Candle closed below the red line indicator forex KeltnerChannels
• -DX + DX crossed to the channel of Perforation Keltnera (just as well if you crossed a level-DX 30)
• The green line indicator ADX crossed your level 30 (or very close to him and raised the bottom-up)

Stop-loss — for the setting of a local maximum or above the blue line feed Keltnera.

Take-profit is not fixed, but the position is closed as soon as the candle rose back above the red line the channel Keltnera, or trailing stop.

For the purchase of forex strategy «Keltnera Channels:

The deal on the purchase of open pending order (higher Hai closed candles) or from the market, when the following conditions:

• Candle closed above the blue line indicator forex KeltnerChannels
• + DX-DX crossed to the channel of Perforation Keltnera (just as well if you crossed a level-DX 30)
• The green line indicator ADX crossed your level 30 (or very close to him and raised the bottom-up)

Stop-loss — set a minimum or below the red line the channel Keltnera.

Take-profit is not fixed, but the position is closed once the candle closes below the blue line back channel Keltnera or the trailing stop.