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Keltner Channel 1.0

Metatrader Indicator (MT4/MT5)

  • Overview

    Kelter Channel is a technical indicator designed to find overbought and oversold price areas, using a exponential moving average and ATR. And it implements a particularly useful twist: you can plot the bands of a higher timeframe in the current chart.

    • Find overbought and oversold situations
    • Read data from higher timeframes easily
    • The indicator displays data at bar opening
    • The indicator is non-repainting

    Trading implications are simple.

    • Look for shorts when the price exceeds the upper bands.
    • Look for longs when the price falls below the lower bands
    • Dive into lower timeframes without losing values!
  • ? FAQ
    Does the indicator repaint?
    No, it does not!
    Can I see data from other timeframes?
    Yes, you can! Load the indicator and select a higher timeframe from the input parameters. You can, for example, see the H1 bands inside a M15 chart.
  • Comments

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Screenshots

Keltner Channel Indicator for Metatrader
Keltner Channel Indicator for Metatrader
Keltner Channel Indicator for Metatrader
Keltner Channel Indicator for Metatrader
Keltner Channel Indicator for Metatrader
Keltner Channel Indicator for Metatrader
Keltner Channel Indicator for Metatrader