BeST Keltner Channels Strategies EA

BeST_Keltner Channels Strategies  EA  is an MT4  Expert Advisor that is based on the method developed by Chester W. Keltner described in book “How To Make Money in Commodities” that  Keltner called it the ten-day moving average trading rule. Originally Keltner Channels uses for Central Line a 10-bars SMA of Typical Price and  the 10-bars Average Range (High - Low) with a multiplication factor of 1 for constructing the Boundary Bands. Later several known traders and authors have published modifications for Keltner Channels, using different averaging periods and methods for the Central Line and/or using a multiple of Wilder's average true range (ATR) for the bands.
The EA can make Long and Short trades according to the original method’s rules and all the known Variations of Keltener Channels in a total of 10 Strategies  according to the Strategies of the corresponding MT4 Indicator while it can also use all the common Risk Management methods like SL, TP, Trailing Stop ,Time based Stop and Partial Close. It also offers as an option the additional use of 7 common Entry Filters in order to make sure that there will be taken trades only in the direction of the prevailing trend.


Note
For every customer who has already purchased the BeST_Keltner Channels Strategies_EA there is an offer of a helpful version of the BeST_Keltner Channels Strategies Indicator in order to display the Keltner Channels on Chart. Just send a private message after purchasing the EA in order to send you the indicator.


Input Parameters


== BASIC CHART SETTINGS

  • Show Info Table
  • Show Vertical Line for Current Trade's Signal Bar – for locating current trade’s  Entry Signal bar
  • Color of Vertical Line

== TRADES' PARAMETERS - selecting your Initial  Capital, LotSize and the Max Slippage

    == RISK MANAGEMENT SETTINGS - selecting parameters for SL & TP,  TIME BASED STOP, BREAKEVEN STOP, PARTIAL CLOSE, TRAILING STOP, TRADING DAYS FILTER and  STOP_EA BUTTON

      == TRADING STRATEGY SETTINGS - for selecting Keltner Channels and Market Type and the corresponding Strategy

      == ENTRY FILTERS SETTINGS - for selecting out of 7 Entry filters which one to use (if using any)































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      Benvenuti a Quantum Pips AI, un consulente esperto di nuova generazione! Solo 2/5 copie saranno vendute a questo prezzo. In seguito il prezzo aumenterà automaticamente per assicurarsi che le prestazioni del robot siano adeguate ai conti reali. Contattatemi dopo l'acquisto e riceverete un indicatore gratuito (del valore di oltre 65$). Quantum Pips AI è un Expert Advisor all'avanguardia meticolosamente progettato per trarre profitto dal mercato forex. Questo sistema intelligente si avvale di un'an
      EA Games Changer
      Tjia Elisabeth Jasmine Canadi
      5 (3)
      AI Games Changer – Sistema di media multicoppia + copertura (direzionale intelligente esteso) Versione: Interfaccia utente interattiva perfezionata - MT4 (corretta) Sviluppatore: CyberBot Project P R E P A R A T II O N Ecco la filosofia di Games Changer: se il trading è un gioco d'azzardo, abbraccialo con intelligenza. Attivando fino a 20 coppie contemporaneamente, i pattern di prezzo complementari creano un punto di equilibrio stabile, di gran lunga superiore all'affidament
      ORIX mt4
      Leonid Arkhipov
      4.75 (4)
      ORIX System — un robot di trading sviluppato specificamente per la coppia di valute GBPUSD sul timeframe M5 . L’Expert Advisor si basa sull’analisi del comportamento del prezzo e degli elementi della struttura di mercato e non utilizza indicatori tecnici standard. Il robot non utilizza martingala, griglie di trading, mediazioni contro il mercato, hedging, apertura di operazioni senza stop loss, né trading ad alta frequenza o caotico. Live signals Requisiti e raccomandazioni principali Coppia di
      DAX Robot is an advanced automated trading system developed specifically for the   DAX 40 Index   on the H1 timeframe. Designed to handle the fast paced nature of one of Europe's   most actively traded indices , the robot continuously analyzes market conditions and automatically executes trades based on its built in trading logic. The system focuses on identifying high probability   trading opportunities   by combining trend analysis, market momentum, and volatility based conditions. DAX Robot
      XG Gold Robot MT4
      MQL TOOLS SL
      4.29 (42)
      The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
      Wonder 1
      Mario Baldantoni
      Wonder 1 fa parte della collezione Wonder, strategie che ho selezionato dai miei portafogli. Opera su AUDJPY nel timeframe H1 usando un modello fuzzy-logic che legge la struttura dei prezzi mensile e giornaliera. Cosa e, e cosa non e Ogni operazione apre con Stop Loss e Take Profit fissi. Il rischio e sempre definito. Niente grid, martingala o mediazione. Una posizione alla volta, basso uso del margine. Niente diciture rete neurale, AI o quantistico. Un sistema a regole, testato e onesto. Niente
      Hamster Gold Trading
      Nguyen Hang Hai Ha
      3.5 (2)
      Expert Advisor  Hamster Gold Trading  is an automatic trading robot programmed with exclusive and unique algorithms. The EA is optimized for the Gold market. EA's strategy applies movement patterns along with price momentum for reliable and accurate signals. Signals are also entered using the smart momentum trap method, where Stop orders are often canceled when momentum is not reached. Trades are closed quickly by Trailing and there is always a Stop Loss to control risk. Bonus: get free 1 EA wh
      GOLD Scalper PRO
      Lachezar Krastev
      4.48 (25)
      BUY 1 and GET 1 FREE - Promotion! Buy GOLD Scalper PRO with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $177 (Regular Price: $447 — You Save $270!) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Live Results:   https://www.mql5.com/en/signals/2353871 GOLD Scalper PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! You should not be fooled
      Altri dall’autore
      BeST_Oscillators Collection is a Composite MT5 Indicato r including the Chaikin ,  Chande and TRIX Oscillators from which by default Chaikin and TRIX Oscillators but not Chande Momentum Oscillator are contained in MT5 platform. It also provides for each Oscillator the option of displaying or not a Mov. Average as a  Signal Line and the resulting Signals as Arrows in a Normal (all arrows) or in a Reverse Mode (without showing up any resulting successive and of same type arrows). Analytically fo
      FREE
      BeST Gann Hi Lo Strategy
      Eleni Koulocheri
      5 (15)
      BeST_Gann Hi-Lo Strategy is an MT4 indicator that is based on the Gann Hi-Lo Activator the famous trend-following indicator that allow us to to enter a trade quite early while also stay in a trade as longer as we can for taking profit.While it is built of a moving average it helps traders determine the direction of the trends and to produce with-trend trading signals. This indicator is in fact a simple moving average of the highs and lows of the previous period. It follows the trends in the mark
      FREE
      BeST Oscillators Collection
      Eleni Koulocheri
      4.6 (5)
      BeST Oscillators Collection is a Composite MT4 Indicator including the  Chaikin,Chande  and TRIX Oscillators which by default are contained in  MT5  but not in  MT4 platform. It  also provides  the option of displaying or not a Mov. Avg. as a Signal   Line and the resulting Signals as Arrows in a Normal (all arrows) or in a Reverse Mode (without showing up any resulting successive and of same type arrows). Analytically for each one of the specific Oscillators: The Chaikin Oscillator ( CHO )   is
      FREE
      BeST_Fibonacci Retracement Lines is an MT4 Indicator that by default is based on common  Fibonacci levels but it can also draw any 3 desired levels of Retracement or Support of a trending move. It can be used to identify pullback points but also additionally as a kind of a Trailing Stop . BeST_Fibonacci Retracement Lines indicator: • by default draws 38.2%, 50% and 61.8% Retracement Levels of the current price move defined using the Highest High (HH) and Lowest Low (LL) of a desired Look Back Pe
      BeST_123 Strategy is clearly based on the 123_Pattern which is a frequent Reversal Chart Pattern of a very high Success Ratio . It occurs at the end of trends and swings and it’s a serious indication of high probability for a change in trend. Theoretically an 123_pattern is valid when the price closes beyond the level of #2 local top/bottom, a moment when the indicator draws an Entry Arrow,  raises an Alert and a corresponding Position can be opened. The BeST 123_Strategy Indicator is non-repai
      BeST_IFT of Oscillators Collection is a Composite MT4 Indicator   that is based on the IFT (Inverse Fisher Transformation) applied to RSI , CCI , Stochastic and DeMarker Oscillators in order to find the best Entry and Exit points while using these Oscillators in our trading. The IFT was first used by John Ehlers to help clearly define the trigger points while using for this any common Oscillator ( TASC – May 2004 ). All Buy and Sell Signal s are derived by the Indicator’s crossings of the Buy or
      BeST Chande RAVI
      Eleni Koulocheri
      5 (1)
      BeST_Chande RAVI (Range Action Verification Index) is an MT4 Indicator that is based on the corresponding indicator developed by Tushar Chande which is mainly based on market momentum while focuses on identifying ranging and trending markets. By default RAVI is defined by the formula:  RAVI = Absolute value (100 x (SMA(7) – SMA(65)). Also by default there is an arbitrary reference level of 3% that means a market is ranging if the RAVI is less than 3%, or trending strongly if it is is greater th
      FREE
      BeST DEMA
      Eleni Koulocheri
      4.5 (2)
      Double Exponential Moving Average ( DEMA ) is a moving  average (MA) that gives the most weight to recent price data.Like exponential moving average (EMA), it is more reactive to all price fluctuations than a simple moving average (SMA) and so DEMA can help traders to spot reversals sooner, because it is faster responding to any changes in market activity. DEMA was developed by Patrick Mulloy in an attempt to reduce the amount of lag time found in traditional MAs. ( TASC_Feb. 1994 ). DEMA can al
      FREE
      Variable Index Dynamic Average (VIDYA) developed by Tushar Chande  by default is contained in MT5 but not in MT4 platform and it is a dynamic EMA (Exponential Moving Average) that adjusts its Length (LB Period) automatically in response to Market Volatility originally measured through the Chande Momentum Oscillator(CMO). CMO value is used as the ratio to the smoothing factor of EMA ( The New Technical Trader by Tushar Chande and Stanley Kroll, John Wiley and Sons, New York, 1994). The higher th
      FREE
      BeST_ Classic Pivot Points is an MT4 Indicator that is based on the widely known and definitely classic Pivot Point of a market prices activity. A pivot point is calculated as an average of significant prices (high,low,close) from the performance of a market in the prior trading period. If the market in the following period trades above the pivot point it is usually evaluated as a bullish sentiment, whereas trading below the pivot point is seen as bearish. A pivot point and the associated suppo
      FREE
      BeST TEMA
      Eleni Koulocheri
      Triple Exponential Moving Average ( TEMA ) is a  moving   average (MA) that gives the  most weight to recent price data. TEMA is more reactive to  all price fluctuations than  a Simple Moving Average (SMA) or an Exponential Moving Average (EMA) or even a Double Moving Average (DEMA) and surely can help traders to spot reversals sooner because it responds very fast to any changes in market activity.  TEMA was developed by Patrick Mulloy in an attempt to reduce the amount of lag time found in trad
      FREE
      BeST Darvas Boxes
      Eleni Koulocheri
      5 (5)
      BeST_Darvas Boxes is an MT4  Indicator based on the trading method developed in the 50’s by the Hungarian Nicolas Darvas . BeST_Darvas Boxes indicator draws the Top and the Bottom of every Darvas Box  that can be confirmed on the current Chart. draws Buy and Sell Arrows  for every confirmed Upwards or Downwards Breakout of the above levels. draws always only after the bar closing and so is non-repainting or backpainting . Note : Every customer who wants to have the older version v_1.75 with th
      BeST_Visual MAs Signal Generator  MT4 Indicator is a very  useful Visual Tool that can display in the Chart all ENTRY signals (BUY and SELL) and also any corresponding EXIT signal, based on a total of 12, common but also different trading strategies, in which the Entry and Exit Signals are derived exclusively by using Moving Averages (MAs). The two main groups of MAs Strategies included in this tool are: A) Crossover Signals This group includes 4 different strategies (A1-A4), where Entry and Exi
      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 K
      BeST_Trend  Scanner is an MT4 Indicator that uses a proprietary algorithm   in order to identify the most likely levels and probable moment for an upside  or a downside trending price move. BeST_Trend  Scanner is a very useful tool that defines in advance and with a high statistical percentage of accuracy the subsequent Resistance & Support Levels of the anticipated upside or downside trending move of price and so When used at its Reverse Entries Mode : It generates Buy or Sell arrows at the ver
      BeST_Darvas Boxes EA is an MT4  Expert Advisor that is based on the most classic trading method developed  in the 50's by Nicolas Darvas  commonly known as The Darvas Boxes Trading System. The Original Darvas Boxes System can be found in details in his book "How I Made $2,000,000 In The Stock Market"  (Copyright 1960, by Nicolas Darvas). Although the original system was designed to trade only Stocks and to open only Long trades its trading principles can also be applied to many other Markets l
      BeST_Chande TrendScore Indicator  points the start of a trend with high degree of  accuracy and it is amazing for scalping on the 1min timeframe. It is also a   simple way to rate trend strength. It indicates both the direction and strength  of a trend and can be easily combined with various trend-following, swing and scalping strategies. As of a trend’s direction and strength a value of +10 signals a strong uptrend while a value of -10 signals a strong downtrend. Generally a positive score show
      All those involved in trading do certainly know that Moving Average Crossovers for being tradable should be reliable and also they need to have minimal lag. BeST_Vervoort Zero Lagging MAs Strategy is a Metatrader Indicator that can help you to achieve it and is based on S.Vervoort's work about Reliable and of Zero Lag MAs Crossovers as described in his TASC_05/2008 article " The Quest For Reliable Crossovers ". It's a Multipotentiality Indicator as it can display of either simply the Zero Laggin
      BeST Trend Exploiter
      Eleni Koulocheri
      5 (4)
      BeST_Trend Exploiter is a Metatrader Indicator  based on a smart proprietary algorithm which can detect the market Median Trend while it filters out the noise providing Buy and Sell Signals and also wherever it is applicable it provides us with TP Levels of High Probability. Additionally as it has Built Inside all the necessary features it can be used as a Complete Strategy of very Impressive Results. Essential Advantages of the Indicator Clear and Easily Understandable trading rules. Real Time
      BeST_Profit Taker Exits is a Metatrader Indicator based on the corresponding vital part of Jim Berg's Trading System.It timely locates the most likely points/bars of significant Profit Taking and can be easily used as an add-on to any Trading System/Method . The Indicator consists of 2 Take Profit lines deriving as (MA ± times the ATR) usually the upper one above the prices (for Long Trades) and the lower one below prices (for Short Trades). When the Close (or High by choice) of a bar is above
      BeST_Hull MAs Directional Strategy is a Metatrader Indicator based on the corresponding Hull Moving Average.It timely locates the most likely points for Entering the Market as well as the most suitable Exit points and can be used either as a standalone Trading System or as an add-on to any Trading System for finding/confirming the most appropriate Entry or Exit points. This indicator does use only the directional slope and its turning points of Hull MAs to locate the Entry/Exit points while it a
      BeST Breakout Strategy
      Eleni Koulocheri
      5 (1)
      BeST_Breakout Strategy is a Metatrader Indicator based on a proprietary algorithm implementing a very powerful tool that can exploit every breakout leading to huge market movements. It timely locates the most likely points for Entering the Market as well as the most suitable Exit points and can be used successfully as a standalone Trading System which often results in huge profits accompanied by very impressive statistics like Success Ratio and Profit Factor.  The BeST_Breakout Strategy is a
      BeST_ Elliot Wave Oscillator Strategies is an MT4 indicator which by default is the difference of two SMAs displayed as a histogram fluctuating around zero while a Signal Line generates Entry Signals either in a Reverse or in a Normal Mode and it is a very powerful tool that very often exploits huge market movements. Signal Line comes in 2 types: Advanced Get Type – like the corresponding one used in the homonym analysis package Mov. Average Type – as a Moving Average of the Elliot Oscillator I
      BeST_RevEngEMARSI Strategy is an MT4 Indicator that is based on the indicator RevEngEMARSI by Giorgos Siligardos that was presented in his article " Reverse Engineering RSI (II) " ( TASC_Aug 2003 ) as a new variation of his inverse-RSI indicator and which transforms the Exponential moving average of RSI into a curve in the price graph, simplifying the price projection method and improving its visual representation. BeST_RevEngEMARSI Strategy while implementing the crossings with its Moving Aver
      BeST_ADX Scalping Strategy is an MT4 Strategy of an Entry and Exit Signals Indicator based on the ADX values that is an excellent tool for scalpers to scalp the currency market multiple times a day for profit . It is built mainly for scalping purposes although it can also be used as a breakout indicator . Its Signals produce a complete and standalone trading system of impressive results . The indicator comes with a new enhanced Real Time Updated Info and Statistics Panel that can improve its ove
      BeST_RMO Indicator Strategies is an MT4 Indicator that is based on the corresponding famous Oscillator created by Rahul Mohindar that detects trends in all markets and it can produce Buy and Sell Signals of high winning probability forming a complete and standalone trading system of impressive results. The indicator uses 2 strategies as a selection: i) Classic : produces Reversed Entry Signals by the crossings of zero (0) line  and ii) MAsSignals : produces Reversed Entry Signals using MAs of RM
      BeST_Fisher Oscillator Strategies is an MT4 Indicator that is based on the popular Fisher Indicator and it is mainly used to identify trend reversals with a high accuracy .  It is a great forex trading indicator for scalping , day trading and swing trading purposes. The indicator comes with 2 corresponding Strategies of Reversed Entries each one of which can be used either as a standalone Trading System or as an add-on to any Trading System for finding or confirming the most appropriate Entry o
      BeST_Hull MAvgs Strategies_EA is an MT4 Expert Advisor based on the Market indicator named  BeST_Hull MAs Directional Strategy  and can make trades according to it or using only 1 HMA while it also applies all common Trade and Risk Management features. Generally the Hull Moving Average (HMA - developed by Alan Hull) is a directional trend indicator. It captures the current state of the market and uses recent price action to determine if conditions are bullish or bearish relative to historical da
      BeST_Hull Single MA Strategy is an Metatrader Indicator based on the famous indicator Hull Mov.Average . This indicator can display the Single HMA Strategy of just 1 Hull MAvg. It uses added internal filters locating the most likely Entries while it can be used as a standalone system or as an add-on to other ones. Generally the Hull Moving Average (HMA - developed by Alan Hull) is a directional trend indicator . It captures the current state of the market and uses recent price action to determin
      BeST Swing Strategy is a Metatrader indicator based on the corresponding Jim Berg's work about volatility as described in his article "The Truth About Volatility" (TASC 2/2005).The indicator consists of 2 channel lines deriving as (MA +/- times the ATR) and can be used as a standalone trading system.The outlier prices of the Market as of the indicator's values can be used for producing Entry and Exit Signals. Advantages of the indicator == Uses 2 Swing Strategies (Normal and Reverse) == Never
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