Don t despair if you think they are too many because parameters are grouped into self explanatory blocks.
Download the keltner channel indicator for mt4. When loading the indicator or ea to any chart you will be presented with a set of options as input parameters. The keltner channel mt4 indicator is very similar to bollinger bands indicator. Keltner channel mq4 keltner channel ex4 keltner channel indicator free download. Kelter channel is a technical indicator designed to find overbought and oversold price areas using a exponential moving average and atr.
Keltner channel indicator for metatrader 4 provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye. Timeframe timeframe to calculate the keltner channel from. In the package you will receive following files. This indicator helps you to define trend and sometimes overbought oversold prices during flat trend.
Keltner channel is a well known indicator that not in mt4 s indicators default lineup you can get this from your broker somehow. Keltner channel indicator is classic forex trading technical indicator. It was developed by chester w. Pz keltner channel mt4.
And it english. Download copy save the mq4 ex4 file into your c program files metatrader 4 experts indicators folder or change the folder to your installation sometimes forex broker name restart your metatrader 4 application assuming it s currently open or launch your metatrader 4 application. Chester w keltner first introduced the keltner channel which he called the 10 day moving average trading rule in his 1960 book how to make money in commodity. How to install keltner channels indicator in metatrader 4 mt4.
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