Renko, Keltner Channels & CCI

Renko, Keltner Channels & CCI


Job Description

Renko/Keltner/CCI automated trading system for MT4 which does the following:

Open long position: When the CCI is above the +100 level and the Renko bars are breaking above the Keltner Channels.

Open short: CCI is below -100 and the Renko bars breakout below the Keltner Channels.

Close long position when Renko prints red inside Keltner Channel.
Close short position when Renko prints hollow inside Keltner Channel.

See here and scroll down to Keltner Channels & CCI section for more info about the strategy.

Lot size to 0.5
10 pip box size
Stop loss at 10 pips
Take profit 50 pips