Forexstrategy4you

keltner channel 

Pairs:Major

Time frame: 5M .

INDICATORS: keltner art band 50.0 ,3.75,

            keltner channel  unit 50

indicators download here: 

http://codebase.mql4.com/443 , http://codebase.mql4.com/2035

Entry long  position: price cross keltner channel higher line   value 50 upside trend

Entry short  position: price cross keltner channel lower line value 50 downside trend

stop loss  : keltner atr band  line.

examples:

Risk Disclaimer

Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Whatever is the manual trading method, or the automated trading strategy, don't forget to test it first in demo. Also be aware that past performance is no guarantee of future results.

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