This is forex scalping trading system based on the Keltner Channels
Pairs:Major
Time frame: 5M
Spread max:0,00015
Price: Bar Chart
Indicators
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<=
Profit exit: close out for profit at a 5-12 pips
Stop loss: 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
