MACKLMM strategy

MACKLMM stands for Moving Average lines crossover with Keltner Channel and MurreyMATH lines.Modified strategy of MACL strategy can be found from here and developed by forexeliteteam.

Note about Murrey Math Lines:

It's easy to use Murrey Math Line X. 0/8P and 8/8P lines are the ultimate resistance and support lines — they are very hard to break. 1/8P and 7/8P lines are weak support and resistance lines, but if the price stopped near them, it will reverse and change direction. 2/8P and 6/8P lines are strong reverse points. 3/8P and 5/8P are the bottom and the top of the average trading range respectively; it is very likely that the price will either pierce this range fast or will remain inside it for a long time. 4/8P is a major support and resistance line; sell and buy when the price crosses it for a certain profit. The blue arrow marks the final calculated bar.

Analysis::

Confirm the price line is above or below line of keltner channel.If price line moving up from lower line of channel then trend want to change to up,but it's need to break upper line of channel for confirm change to up and for down trend confirm upper line to go down break lower line of channel for confirm change.
Once trend confirm,see levels of MARSI lines for target.
Trading range is between 3/8p and 5/8p lines and lower target is lower line of keltner channel indicator and highest target is 360 marsi line.
It's very easy to analysis just see crossover of marsilines and trade in levels.

Sample Chart:

Indicator : Download

Template:Download
Note:Don't use smaller timeframe for analysis.