Keltner

Keltner Channel – indicator MetaTrader 5

by
Keltner Channel - indicator for MetaTrader 5
Keltner Channel is volatility-based envelopes set above and below an exponential moving average. The indicator is named after its author Chester Keltner who first described his system based on the 10-period moving average in his 1960 book “How to make money in Commodities”. The indicator consists of price envelopes or bands that are located above … Read more

Keltner Channels Set – indicator MetaTrader 5

by
X2MA_KLx11
This indicator uses considerably more than two Keltner Channels than the standard Keltner Channel indicator. The indicator shows overall picture of a financial asset behaviour in a more informative way. The indicator is built in two variants with different amount of levels for different application cases. The indicator is built with the use of universal … Read more

Keltner Channel HTF – indicator MetaTrader 5

by
Figure 1. Indicator Keltner_Channel_HTF
The Keltner Channel indicator with the timeframe selection option available in input parameters. input ENUM_TIMEFRAMES TimeFrame=PERIOD_H4;  //Indicator chart period Place the indicator compiled file Keltner.mq5 to the terminal_data_folder\MQL5\Indicators\ of the client terminal. Figure 1. Indicator Keltner_Channel_HTF Keltner Channel HTF – indicator MetaTrader 5

Keltner Channels – indicator MetaTrader 4

by
Keltner Channels - indicator for MetaTrader 4
Author: GilaniI think it is a great type of indicators!As Eric L. Naiman said in his book – “Trader’s small encyclopedia”: “Professional traders operate on channel boundaries with very tight stops. This allows them to receive such an over spot, that several losses in a row are acceptable. Novices, however, trade inside the channel and … Read more

Modified Keltner Channel – indicator MetaTrader 5

by
Modified Keltner Channel - indicator for MetaTrader 5
The indicator draws the Keltner Channel, which can be calculated using SMMA, EMA and LWMA. Channel borders are calculated based on High-Low or ATR. Smoothing periods for the central line and channel border lines are also configurable. It has six input parameters: Number of the periods to smooth the center line – central line smoothing … Read more

Keltner Channel in the cloud form – indicator MetaTrader 5

by
Keltner Channel in the cloud form - indicator for MetaTrader 5
It allows setting any price and calculation method for the central line. The channel lines are calculated based on ATR. It has five input parameters: Number of the periods to smooth the center line – central line calculation period; Number of periods to smooth deviation – period for calculating the channel lines; Factor which is … Read more

NonLagMA Keltner Сhannel – indicator MetaTrader 5

by
NonLagMA Keltner Сhannel - indicator for MetaTrader 5
Keltner Channel is usually calculated as SMA (Simple Moving Average) +- ATR distance for the bands. Since SMA is the slowest moving average, here is a version that uses a much “faster” moving average for the calculation instead: the Non Lag MA. That should help in faster response to volatile markets. NonLagMA Keltner Сhannel – … Read more