Keltner RSI Linear Channels

This is a color indicator of linear channel for RSI.

The indicator and its calculations are based on Keltner's methodology. It is used for making trading decisions and analyzing market sentiment.

Input parameters allow the user to customize the channel/channels.

The indicator allows drawing two channels on a single chart of the RSI indicator.

Possible options for channel drawing are shown in the screenshots.


Purpose

The indicator can be used for manual or automated trading within an Expert Advisor. Values of indicator buffer of the double type can be used for automated trading:

  1. The RSI indicator line - buffer 0.
  2. The middle line of the first channel - buffer 1.
  3. The line of the bullish RSI sentiment - buffer 2.
  4. The line of the bearish RSI sentiment - buffer 3.
  5. The upper border line of the first channel - buffer 4.
  6. The bottom border line of the first channel - buffer 5.
  7. The middle line of the second channel - buffer 7.
  8. The upper border line of the second channel - buffer 8.
  9. The bottom border line of the second channel - buffer 9.

The values of the indicator buffers connected with linear channels must not be equal to zero.

The values of the indicator buffers connected with the RSI indicator must not be equal to EMPTY_VALUE.


Input Parameters

  1. Two Channels - drawing two channels:
    • true - yes.
    • false - no.
  2. Colored Basic Indicator - coloring of the bullish and bearish sentiment of RSI:
    • true - yes.
    • false - no.
  3. Bars Number - the number of bars for the calculation of the first channel.
  4. Bars Number 2 - the number of bars for the calculation of the second channel.
  5. Calculation Method - channel calculation method:
    • Keltner_Basic - basic (Keltner).
    • Kelner_Improved - improved (Keltner).
    • Custom - using the following parameters.
  6. Channel Width Factor 1
  7. Channel Width Factor 2
  8. Custom ATR Period
  9. RSI Period
  10. MA Method - MA averaging method.
  11. Applied Price - price used for calculation.
  12. Shift - shift of the indicator in relation to the price chart.
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Please contact us after your purchase and we will send you the complimentary indicators to complete the system Cycle Sniper is not a holy grail but when you use it in a system which is explained in the videos, you will feel the difference. If you are not willing to focus on the charts designed with Cycle Sniper and other free tools we provide, we recommend not buying this indicator. We recommend watching the videos about the indiactor and system before purchasing. Videos, settings  and descri
CRT Candle Range Theory HTF MT4.   Ultimate CRT Indicator: Advanced ICT Concepts and Malaysian SnR Trading System Discounted   Price   $50  !!     Secure your lifetime access   now   before it switches to   subscription-only ! Master the Market Maker's Footprints with the Most Advanced Candle Range Theory Indicator Unlock the true power of   Smart Money Concepts (SMC)   and trade precisely like the institutions with the   Ultimate CRT Indicator . Built exclusively for serious traders, this indic
Route Lines Prices - est un indicateur conçu pour identifier les directions des prix. Son interface simple intègre plusieurs algorithmes de calcul du comportement des prix et de leur direction future. Ces algorithmes incluent le calcul de la volatilité et le lissage des prix en fonction des unités de temps utilisées. L'indicateur possède un unique paramètre permettant de modifier la valeur « Calculating price values ». La valeur par défaut de 1 assure un calcul automatique équilibré, utilisabl
Signal GoldRush Trend Arrow L'indicateur GoldRush Trend Arrow Signal fournit une analyse précise et en temps réel des tendances, spécialement conçue pour les scalpers à haute vitesse et à court terme sur la paire XAU/USD. Conçu spécialement pour les intervalles de temps d'une minute, cet outil affiche des flèches directionnelles indiquant clairement les points d'entrée, ce qui permet aux scalpers de naviguer en toute confiance dans des conditions de marché volatiles. L'indicateur se compose
PZ 123 Pattern
PZ TRADING SLU
1 (1)
Unlock powerful breakout opportunities The 123 Pattern is one of the most popular, powerful and flexible chart patterns. The pattern is made up of three price points: a bottom, a peak or valley, and a Fibonacci retracement between 38.2% and 71.8%. A pattern is considered valid when the price breaks beyond the last peak or valley, moment at which the indicator plots an arrow, rises an alert, and the trade can be placed. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  ]
CRYSTAL HEIKIN ASHI SIGNALS MT4 Professional Trend Detection Indicator with Smart Entry Signals See the Trend. Catch the Move. Trade with Confidence. The professional Heikin Ashi indicator built for traders who want clarity, precision, and EA-ready signal automation. WHAT IS CRYSTAL HEIKIN ASHI SIGNALS? Crystal Heikin Ashi Signals is a professional-grade MetaTrader 4 indicator that combines pure Heikin Ashi candle visualization with an advanced momentum-shift detection system. Designed for both
The Propfolio Master Suite is the ultimate all-in-one analytical workstation for professional traders. Combining the power of the Beat The Market Maker (BTMM) methodology, Smart Money Concepts (SND/Liquidity), and Advanced Volume Profile, this suite replaces multiple different indicators with one optimized engine. Monitor up to 14 pairs simultaneously from a single chart, instantly identify market cycles, and seamlessly map institutional footprints with the click of a button. The Command Center
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The indicator detects the following types of Japanese candlesticks: Doji, Hammer and/or Hanging Man, Shooting Star and/or Inverted Hammer, Spinning Top, Maribozu. The indicator is intended for manual and/or automated trading within an Expert Advisor. There is a possibility to choose colors for bullish and bearish candlesticks. For automated trading, use any indicator buffer of the double type: 0, 1, 2 or 3, whose value is not zero!
The indicator is intended for detecting big (long) and/or small (short) candlesticks. There is possibility of coloring the bullish and bearish candlesticks. The indicator can be used for manual and/or automated trading within an Expert Advisor. The indicator data that can be used for automated trading can be taken from one of four buffers of the double type: 0, 1, 2 or 3. Values must not be equal to zero. 
The indicator of DeMark fractals. The indicator can be drawn on the basis of price data and on the basis of a moving average. There is a possibility to color the up and down fractals. The indicator can be used for manual and for automated trading within an Expert Advisor. For automated trading, use any indicator buffer of the double type: 0 - up fractals, 1 - down fractals! Values of the buffers must not be equal to zero.  A moving average is drawn on the basis of input parameters: Calc_Method 
Stochastic Global
Igor Semyonov
4 (1)
Description A universal colored indicator Stochastic. The rising and falling lines and the levels of the indicator can be colored.   The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following nineteen other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Volume - tick volume indicator. AC - indicator of acceleration. AO
Description A universal colored indicator MACD Histo. The rising and falling of the indicator histogram can be colored.   The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following twelve other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Volume - tick volume indicator. Force - Force Index indicator. MFI - Money Flow
Description A colored universal indicator MACD Line (MA convergence-divergence indicator, shown as a histogram). The rising and falling of the indicator histogram can be colored. The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following twelve other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Volume - tick volume i
Description A universal indicator RSI together with moving averages based on it. Depending on the need, moving averages can be disabled. You can color the indicator lines and levels: lines of RSI, moving average lines and thresholds of overbought and oversold levels.   The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following eighteen other indicators included in the standard package of the MT4 terminal: AD - an indicator of accu
CCI Global
Igor Semyonov
5 (1)
Description A universal indicator CCI together with moving averages based on it. Depending on the need, moving averages can be disabled. You can color the indicator lines and levels: lines of CCI, moving average lines and thresholds of overbought and oversold levels.   The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following eighteen other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicato
Description A multi-purpose multi-colored/multi-symbol indicator, which is a set of standard tools from the MetaTrader 4 terminal. The difference is that below the basic price chart it allows to calculate and build in a separate window any of the twenty indicators in a colored form, painting bulls and bears in different colors, for any financial instrument in accordance with the list below:  AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Force - Force Inde
AO Global
Igor Semyonov
Description A colored universal indicator AO (Awesome Oscillator). The rising and falling of the indicator histogram can be colored.   The indicator can be calculated as the standard one or as a derivative on the basis of the following eleven other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Volume - tick volume indicator. Force - Force Index indicator. MFI - Money Flow Index. ATR
Description A colored universal indicator MACD Classic (MA convergence-divergence indicator) that combines two indicators: MACD Line and MACD Histo. The rising and falling lines, the signal line and the indicator histogram can be colored. The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following twelve other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distributio
Description The universal colored multicurrency/multisymbol indicator MACD Classic, consisting of two MACD indicators: MACD Line and MACD Histo. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrument is unknown (does not exist). Inputs Currency_Nam
Description A colored universal indicator/oscillator based on crossing moving averages. The rising and falling lines of the indicator histogram can be colored. The combined use of the line and the histogram increases the level of the analysis when making a decision to open or close deals. The indicator can be calculated as the standard Price Oscillator or as a derivative on the basis of the following eleven other indicators included in the standard package of the MetaTrader 4 terminal: AD - an i
Description A universal colored multicurrency/multi-symbol indicator RAVI. Was proposed by T. Chand as a trend indicator. RAVI means Range Action Verification Index. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrument is unknown (does not exist).
Description A colored multicurrency/multisymbol oscillator of the market mood. The oscillator is designed for detecting the continuation or change of the market mood prior to its occurrence. An excellent example is the screenshots that show all the features of the oscillator. The oscillator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a fin
Description The indicator determines the appearance of internal bars on the chart, and paints them in accordance with the bullish and/or bearish mood. The indicator can notify of the appearance of a formed internal bar by playing a beep, as well as display the time remaining until the end of the formation of the current bar in the format of <d:h:m:s, where: < means the current bar. d - days. h - hours. m - minutes. s - seconds. The bullish and bearish mood can be colored. Inputs Sound_Play - a
Description The indicator determines the appearance of the bars that signal of a reversal of current local moods and plays a beep. It also paints these bars in accordance with the bullish and/or bearish priority. You can select the color for bullish and bearish moods. Inputs Sound_Play - a flag that allows the sound notification. Use Detection of the reversal bar can be a signal to perform appropriate trading activities.  The indicator can be used for manual or automated trading in an Expert A
Description The indicator determines the appearance of bars that notify of the reversal of the current trend, and paints them in accordance with the bullish and/or bearish mood. The indicator can notify of the appearance of a formed reversal bar by playing a beep, as well as display the time remaining until the end of the formation of the current bar in the format of <d:h:m:s, where: < means the current bar. d - days. h - hours. m - minutes. s - seconds. You can select the color for bullish and
Description A universal colored multicurrency/multi-symbol indicator of moving averages: Moving Average, Double Moving Average, Triple Moving Average . The indicator is drawn in a separate window, so below the main trading chart a user can see the development of another financial instrument. It is very useful when considering the combined values of various moving averages for different financial instruments below the main trading chart.  The indicator may be used with any broker, irrespective of
Description A universal colored indicator of moving averages: Moving Average, Double Moving Average, Triple Moving Average . The indicator provides various opportunities for the analysis of prices based on different ways of constructing moving averages in the window of the main financial instrument. You can color bullish and bearish moods. Inputs MA_Type - type of multiplicity: Moving Average. Double Moving Average. Triple Moving Average. MA_Period - the MA period. MA_Method - the averaging met
Description A colored universal multicurrency/multi-symbol indicator Bollinger Bands to be drawn in a separate window below the main financial instrument. The rising and falling line of the main indicator and Bollinger Bands can be colored. The indicator can be calculated based on one of the eleven basic indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Force - Force Index indicator. MF
Description A colored universal multicurrency/multi-symbol indicator Channel to be drawn in a separate window below the main financial instrument. The indicator uses the calculation method of the Price Channel indicator. The rising and falling line of the main indicator and the Channel lines can be colored. The indicator can be calculated based on one of the eleven basic indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution o
Keltner Channel
Igor Semyonov
5 (1)
Description Keltner's colored channel indicator,also called STARC band, drawn in the main chart window. The indicator uses the calculation technique of the three drawing options: basic, improved and modified . The first two were proposed by Keltner, the third one - by a successful trader L. Rakshe. You can also search for your own best parameters of the indicator. The upper, middle and lower bands can be colored. The indicator includes the basic analytical tool of the market moods by Keltner. Th
Description A colored universal multicurrency/multi-symbol indicator ZigZag to be drawn in a separate window below the main financial instrument. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrument is unknown (does not exist).  The indicator can
Description A colored channel indicator Price Channel to be drawn on the main chart of a financial symbol. It can color bullish and bearish moods based on the middle line of the indicator, as well as change the color of the upper and lower lines of the channel. Purpose The indicator can be used for manual or automated trading in an Expert Advisor. Values of indicator buffer of the double type can be used for automated trading:  The middle line of the indicator - buffer 4. The upper line of the
Description Candlesticks is a colored multicurrency/multy-symbol indicator. It shows a financial instrument as a candlestick chart in a separate window below the chart of the main financial symbo. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrume
Description Candlestick Tools  is a colored multicurrency/multy-symbol indicator. It shows one of four standard indicators as a candlestick chart in a separate window below the chart of the main financial symbol. The indicator is calculated based on one of two indicators included in the standard package of the МetaТrader 4 terminal: CCI - Commodity Channel Index. RSI - Relative Strength Index. The default indicator is Commodity Channel Index. The indicator may be used with any broker, irrespecti
Pivot Pro
Igor Semyonov
Description Pivot Pro  is a universal color indicator of the  Pivot Points  levels systems. You can select one of its three versions:  Standard   Old , Standard New  and  Fibo . The system will automatically calculate the  Pivot Point  on the basis of market data for the previous day ( PERIOD_D1 ) and the system of support and resistance levels, three in each. It can also display price tags for each level. You can color the indicator lines. Only a method of calculation of the third level of supp
Description The indicator is intended for labeling the chart using horizontal levels and/or half-round prices. The indicator works on any financial instrument regardless of the name and the number of digits. A user can choose colors for the indicator lines. Input Parameters Calc_Method - method of calculation of the lines: levels of round prices. levels of half-round prices. Digits_Accepted - flag for calculating the levels according to number of decimal places in the quotes of a financial inst
Description A colored universal multicurrency/multi-symbol indicator MACD Line Smart (the indicator moving average convergence divergence is displayed as a histogram) based on double or triple moving average .  Comparing to the standard MACD this indicator is more sensitive to what allows generating advance signals. he indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a
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