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redf0x1
14 Jul 2020 pukul 23.07

mForex - Keltner channel + EMA Scalping system 

FX:EURJPY15
Euro Fx/Japanese YenFXCM

Huraian

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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
Keltner Channels (KC)Exponential Moving Average (EMA)scalping
Komen
vinosbacco
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what about EMA 110? why du you need it?
redf0x1
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@vinosbacco, The EMA110 in this strategy is useful for more precise trend identification.
keezimin
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Hi Ad, how to import script to MetaTrader 4. Please help me.
And does this have an arrow signal?
redf0x1
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@keezimin, For MT4, you need to combine many available indicators such as MA, Keltner, it will help you have a full setup as I do.
forestcall
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Thanks this looks fun.
I will adjust this script to match the MES - - Micro e-mini Futures.

Ticks are $1.25 per tick.
Typical scalp in terms of risk is based on fee + number of contracts = profit. I like to make about $10 after fees. I find scalping to be massively less risky than long trades .

I will send you my edits.

This is a very useful script!!!!
Cheers
redf0x1
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@forestcall, Thanks very much.
Sorry for the late reply, if you have any ideas, text me

Regards
forestcall
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@redf0x1, I used your script for MES Micro Futures and had 6 good trades. Since the market has been so unstable this method has not come up as much. I did some replay tests from last year and this worked much more often. Where did you get the original concept or did you design this fully yourself? It would cool to incorporate some volume profile status which might indicate trend direction. But so far pretty cool.
redf0x1
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@forestcall, All the scripts I write are based on our team's real experience.
Hope it helps people to earn more income from this market.
importantStork75393
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@redf0x1, yo could you add alerts?
overcoreknowledge
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@importantStork75393, add this code to script for alerts:

XEmaFirst = outEmaFirst
XUpper = upper
XMid = ma
XLower = lower

plotshape(series=crossover(XEmaFirst, XUpper), title="Open Buy", text="Open Buy", style=shape.labeldown, location=location.abovebar, size=size.tiny, color=color.green, textcolor=color.white, transp=0)
plotshape(series=crossunder(XEmaFirst, XUpper), title="Close Buy", text="Close Buy", style=shape.labeldown, location=location.abovebar, size=size.tiny, color=color.orange, textcolor=color.white, transp=0)

plotshape(series=crossunder(XEmaFirst, XLower), title="Open Sell", text="Open Sell", style=shape.labeldown, location=location.belowbar, size=size.tiny, color=color.red, textcolor=color.white, transp=0)
plotshape(series=crossover(XEmaFirst, XLower), title="Close Sell", text="Close Sell", style=shape.labeldown, location=location.belowbar, size=size.tiny, color=color.blue, textcolor=color.white, transp=0)

OpenBuyAlert = crossover(XEmaFirst, XUpper)
CloseBuyAlert = crossunder(XEmaFirst, XUpper)

OpenSellAlert = crossunder(XEmaFirst, XLower)
CloseSellAlert = crossover(XEmaFirst, XLower)

alertcondition(OpenBuyAlert, title='Open BUY - Cond.', message='You can execute {OPEN BUY} order')
alertcondition(CloseBuyAlert, title='Close BUY - Cond.', message='You have {CLOSE BUY} order')
alertcondition(OpenSellAlert, title='Open SELL - Cond.', message='You can execute {OPEN SELL} order')
alertcondition(CloseSellAlert, title='Close SELL - Cond.', message='You have {CLOSE SELL} order')
Lebih