BeST Keltner Channels Variations and Strategies

BeST_Keltner  Channels Variations & Strategies  is an  MT4  Indicator based on the original Keltner Channels Technical Analysis Indicator and it is a very useful Visual Tool that can display in the Chart all the known Variations of Keltener Channels and also the corresponding 10 totally Strategies  i.e. all ENTRY signals (BUY and SELL) and also any corresponding EXIT signal, in which the Enrty and Exit Signals are derived exclusively by using Keltner Channels Variations. Every variation of Keltner Channels Indicator generally consists of a Central Moving Average Line and two Boundary Bands at a distance above and below it and can be traded mainly in a Trending Mode but also in a Ranging ReEntry Mode. 

Inputs

Basic Settings

1. Keltner Channels Type

  • Original for Keltner’s default settings.
  • RaschkeModification for Linda Raschke’s modification.
  • PruittHillModification that is based on “The King Keltner Trading Strategy” as described in the book Building Winning Trading Systems with TradeStation by G. Pruitt and J. R. Hill.
  • TurtlesDailyModification that is based on a variation used by the legendary Turtle Traders and that is presented by Curtis Faith in his book Way Of The Turtle.
  • NoATRChannels  for any modification that do not use ATR for constucting the boundary Bands and that is used only in Ranging ReEntry Strategies.
  • ATRChannels for any modification that uses ATR for constucting the boundary Bands and that is used only in Ranging ReEntry Strategies.     

2. Current Market Type

  • Trending  for all Trending Strategies.
  • Ranging  for all Ranging Strategies of ReEntry Type.

3. Keltner Channels Strategy

·         Classic_ReverseMode: In order to select this strategy we need in the previous options to have already select Keltner Channels Type =Original and Current Market Type =Trending.

·         Classic_WithOppositeBandExit : In order to select this strategy we need in the previous options to have already select Keltner Channels Type =Original and Current Market Type =Trending.

·        Classic_WithMovAvgExit:  In order to select this strategy we need in the previous options to have already select Keltner Channels Type =Original and Current Market Type =Trending.

·        Raschke_WithMovAvgExit: In order to select this strategy we need in the previous options to have already select Keltner Channels Type =RaschkeModification and Current Market Type =Trending.

·        PruittHill_WithMovAvgExit: In order to select this strategy we need in the previous options to have already select Keltner Channels Type =PruittHillModification and Current Market Type =Trending.

·       TurtlesDaily_WithMovAvgExit: For selecting this strategy we need in the previous options to have already select Keltner Channels Type =TurtlesDailyModification & Current Market Type =Trending.

·        ReEntry_WithOppositeBandExit: In order to select this strategy we need in the previous options to have already select Keltner Channels Type = NoATRChannels or ATRChannels  either of which we prefer and Current Market Type = Ranging.

·       ReEntry_WithMovAvgExit: In order to select this strategy we need in the previous options to have already select Keltner Channels Type = NoATRChannels or ATRChannels  either of which we prefer and Current Market Type = Ranging.  

Other Settings

 Here you can select

·        Show or Not Keltner Channels 

·        Show Comments or Not  for selecting to Show or Not an information table (Comments) in the upper left corner of the Chart including the name of the selected Strategy,Number of Bars in Current Trade,Entry Price, Open Profit etc.

·        Show Entry Price Level or Not  

·        Color for the Buy Price Line 

·        Color for the Sell Price Line 

·        Show or Not Arrows 

·        Distance between Bars and Arrows  

·        Size of Entry Arrows 

Every other selection  is related to the Keltner Channels parameters.

Notes

  1. All of the above are updated in Real Time  while the indicator is non-repainting.
  2. BeST_Keltner Channels Variations & Strategies is a very useful tool for any trader looking for a simple and handy Trading Strategy. It works on every single timeframe but it certainly is not a complete or automated trading system.So it should be used with caution and usually not alone but with the simultaneous use of other indicators.

For EA Developers

  • Buy Arrow :             Buffer = 4
  • Sell Arrow :             Buffer = 5
  • Exit Long :               Buffer = 6
  • Exit Short :              Buffer = 7


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Gold Scalper Super is an easy-to-use trading system. The indicator can be used as a standalone scalping system on the M1 time frame, as well as part of your existing trading system. Bonus: when purchasing an indicator, Trend Arrow Super is provided free of charge, write to us after purchase. The indicator 100% does not repaint!!! If a signal appears, it does not disappear! Unlike indicators with redrawing, which lead to the loss of a deposit, because they can show a signal and then remove it.
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FX Volume: Experience Genuine Market Sentiment from a Broker’s Perspective Quick Overview Looking to elevate your trading approach? FX Volume provides real-time insights into how retail traders and brokers are positioned—long before delayed reports like the COT. Whether you’re aiming for consistent gains or simply want a deeper edge in the markets, FX Volume helps you spot major imbalances, confirm breakouts, and refine your risk management. Get started now and see how genuine volume data can
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KEENBASE SOFTWARE SOLUTIONS
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KT Trend Trading Suite is a multi-featured indicator that incorporates a trend following strategy combined with multiple breakout points as the entry signals. Once a new trend is established, it provides several entry opportunities to ride the established trend successfully. A pullback threshold is used to avoid the less significant entry points. MT5 Version is available here  https://www.mql5.com/en/market/product/46270 Features It combines several market dynamics into a single equation to
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4.91 (298)
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Trading Special – 40% OFF Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the pot
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Bernhard Schweigert
4.88 (33)
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CURRENTLY 20% OFF ! Best Solution for any Newbie or Expert Trader! This Indicator is specialized to show currency strength for any symbols like Exotic Pairs Commodities, Indexes or Futures. Is first of its kind, any symbol can be added to the 9th line to show true currency strength of Gold, Silver, Oil, DAX, US30, MXN, TRY, CNH etc. This is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. Imagine how your trading
GM Arrows Pro
Guillaume Pierre Philippe Mesplont
Indicators
Product Name: GM Arrows Pro – Signals & Alerts Short Description: GM Arrows Pro is a clean, reliable MT4 indicator showing BUY/SELL arrows on the chart with unique alerts at the moment the signal appears. Full Description: GM Arrows Pro is a professional MT4 indicator designed for traders who want clear, actionable signals: BUY and SELL arrows visible on the entire chart history Unique alerts when a new signal appears (no repeated alerts) Option to disable repetitive signals ( disable_repeatin
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5 (2)
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System Trend Pro - This is the best trend trading indicator!!! The indicator no repaint!!!  The indicator has   MTF   mode, which adds confidence to trading on the trend (   no repaint   ). How to trade? Everything is very simple, we wait for the first signal (big arrow), then wait for the second signal (small arrow) and enter the market in the direction of the arrow. (See screens 1 and 2.) Exit on the opposite signal or take 20-30 pips, close half of it, and keep the rest until the opposite
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BeST Classic Pivot Points
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