SMC Donchian Keltner MTF Painter

SMC Donchian Keltner MTF Painter

The SMC Donchian Keltner MTF Painter for MetaTrader 5 is a versatile trend indicator that colors candles according to multi-timeframe EMA bias and Keltner channel breakouts. The combination of trend and momentum logic enables fast, visual assessment of market conditions – perfect for both intraday and swing traders.

Key Features:

  • Multi-Timeframe Trend Assessment: Candle colors are based on EMA slope from two timeframes (e.g., H1/H4), instantly showing the current trend direction.
  • Keltner Channel Breakouts: Momentum breakouts are highlighted using Keltner channels on the fast timeframe.
  • Donchian & 200-SMA Filters: Optional Donchian confirmation and a 200-period SMA filter help tighten entries and filter ranging conditions.
  • Clean Chart Display: Candle colors (neutral/long/short) keep charts uncluttered; grid and volume bars are automatically hidden.
  • EA-ready: Long/Short signals are provided in separate buffers, ready for integration with Expert Advisors.
  • Alerts & Push Notifications: Flexible notifications for new long or short signals.

How does it work?

The indicator generates trading signals based on EMA trend direction and Keltner breakouts. Optional filters (Donchian, 200-SMA) can be enabled for improved signal quality. Colored candles provide an instant overview of current market momentum.

Disclaimer:
This tool is for analysis and visualization only. It does not provide investment advice. Trading involves significant risk; loss of capital is possible. Past performance is not a guarantee of future results. Use this indicator at your own risk and seek independent advice if needed.


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Filtrer:
Aravind Kolanupaka
10234
Aravind Kolanupaka 2025.10.22 17:51 
 

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Mike Markgraf
1541
Réponse du développeur Mike Markgraf 2025.10.22 18:09
[b]Thank you very much for your feedback![/b]
This is the first indicator in an entire series that will be online soon. Have a nice day. [b]What's next:[/b]
[list]
[*] SMC Donchian Fusion ZigZag
[*] SMC Donchian PD Overlay Signals
[*] SMC Donchian Regime Breakout
[*] SMC Donchian Suite
[*] SMC Donchian CandleBlend
[*] Half-Life HoldTime
[/list]
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