Keltner Channels and EMA

Posts : 8759 Join date : 2012-01-25

Keltner Channels and EMA

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.

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