Keltner Channels And CCI Forex Scalping Strategy

CannonLoves System Trading 0 907

Summary : This is a comprehensive and profitable strategy. It can be used in a 15 minute time frame and works in any currency pairs. This strategy’s main indicators are Keltner Channel and CCI. This is a conservative method. Metatrader Indicators :  -  Keltner Channel  (setting: MA period 20, MA mode 0, price mode 0, ATR Period 10, K2, ATR mode false) (14 period) - CCI (10 levels -100, +100) Long Position Entry : 1.     The price must close upper middle band.2.     The price and CCI must break 100 level. Short Position Entry : 1.     The price must close upper middle band.2.      The price and CCI must break -100 level. Exit Rules : - BUY: Profit Target is at 7-12 pips or upper band of Keltner Channel.- Place stop loss at 10-12 pips below middle band.- SELL: Profit Target is at 7-12 pips or lower band of Keltner Channel.- Place stop loss at 3 pips above middle band. How to install Files?- Download Keltner Channels And CCI.zip- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /- Copy tpl file (Template) to your Metatrader Directory / templates /- Start or restart your Metatrader- Select Chart and Timeframe where you want to test your forex strategy- Right click on your trading chart and hover on “Template”- Move right to select Keltner Channels And CCI Forex Scalping Strategy - You will see Keltner Channels And CCI Forex Scalping Strategy is available on your Chart

Parabolic SAR + ADX Strategies & EA

CannonLoves System Trading 0 699

The two indicators we are going to talk about here are found to be very well working when used side by side. This Forex trading system is an another simple discovery; and hundreds of such discoveries can be made when traders are there to learn and experiment. Any currency pair and time frame can be used. Indicators: Parabolic SAR default settings (0.02, 0.2), ADX 50 (with +DI, -DI lines) Entry rules: SELL When the +DI line is below the -DI line, and Parabolic SAR gives sell signal. When the +DI line is above the -DI line, all Parabolic sell signals must be ignored. Entry rules: BUY when the +DI line is above the -DI line, and Parabolic SAR gives buy signal. When the +DI line is below the -DI line, all Parabolic buy signals must be ignored. Exit rules: when +DI line and -DI lines have crossed again. Advantages: allows filtering entries and predicting good exits. Disadvantages: Both Parabolic SAR and ADX are follow-up indicators. Although they complement each other very effectively, the “weakest” in chain is ADX, because during trading it can give one signal, but later change to the opposite. Once given a signal from ADX, waiting for the current price bar to close to avoid such misleading is advised.  

Zonal EA

CannonLoves System Trading 0 520

The Expert Advisor which uses the AO and AC indicators in its operation, which were proposed by the Bill Williams.The EA buys at green AO and AC, sells at red AO and AC. The market exit is performed when any of the indicators changes its color.It is recommended to use the indicator on the H4 timeframe.

Using 3 Indicator EA

CannonLoves System Trading 0 526

This EA trades of on the M5, M15, M30 and H1 timeframes. It uses the BB, SAR and RSI of these timeframes to determine its entry point. Basically using Martingale system to cater to losing positions. Credit goes to the author of MultiLot Scalper and swb grid for the codes. Can be used on any time frame. Adjustable lotsize, amount of profit per row of order, Time zone and the like. Still need more modification though.- 2017.01.01 ~ 2017.05.31 EURUSD(M1) Test Result -