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OPEN-SOURCE SCRIPT

mForex - Keltner channel + EMA Scalping system

45540
Transaction setup parameters
  • Time frame: M5, M15
  • Currency pair: EUR / USD , GPB / USD
  • Transaction: London, USA
  • Number of orders / day: 10 - 15 orders


Trading strategies
=== BUY ===
  • Candles close on the upper Keltner
  • EMA10 crosses the upper Keltner range from below
  • Stop loss in the middle band or up to 12 pips
  • Profit target: 15-25 pips


=== SELL ===
  • Candles close below Keltner below
  • EMA10 crosses the Keltner range below from above
  • Stop loss in the middle band or up to 12 pips
  • Profit target: 15-25 pips

Open-source script

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

For quick access on a chart, add this script to your favorites — learn more here.

redf0x1
Exponential Moving Average (EMA)Keltner Channels (KC)scalping

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Exponential Moving Average (EMA)Keltner Channels (KC)scalping

Open-source script

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

For quick access on a chart, add this script to your favorites — learn more here.

redf0x1

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.