Profitable strategy on the Keltner Channel indicator for Binary Options
Keltner Channel is a classic technical analysis indicator consisting of two bands above and below the moving average of the price indicator, the width of which is determined as a percentage of the average price change over the period. This indicator can be used not only in the currency, but also in other financial markets. Trading with this indicator is easy and its principles are very clear. Let's use it as a trending tool and consider in this article a simple and effective scalping strategy based on it. Strategy characteristics: Type : Trend Timeframe : Any in the range M1-M5. In our case, M1 is used, but with an increasing period of analysis, the accuracy of the signal increases. Trading asset : Any currency pairs. The main requirement is a fixed (2-3 points) spread and no hidden fees. Trading time: All Forex trading sessions. Recommended expiration: 5-10 min. Used indicators: Keltner Channel . Trend channel indicator on the Moving Average. We trade "classically": fo