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PZ Keltner Channel MT4

Kelter Channel is a technical indicator designed to find overbought and oversold price areas, using a exponential moving average and ATR. And it implements a particularly useful twist: you can plot the bands of a higher timeframe in the current chart. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • Find overbought and oversold situations
  • Read data from higher timeframes easily
  • The indicator displays data at bar opening
  • The indicator is non-repainting

Trading implications are simple.

  • Look for shorts when the price exceeds the upper bands.
  • Look for longs when the price falls below the lower bands
  • Dive into lower timeframes without losing values!

Input Parameters

  • Timeframe: timeframe to calculate the keltner channel from
  • EMA Period: Moving average period to build up the channel
  • ATR Period: ATR Period to calculate the bands
  • Multiplier 1: Multiplier for the first band
  • Multiplier 2: Multiplier for the second band
  • Multiplier 3: Multiplier for the third band

Support

I am happy to provide free products but given my limited time, they come without support of any kind. My apologies.

Author

Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

Comentários 3
Valentin Butorin
3694
Valentin Butorin 2020.10.03 14:07 
 

Nice

Anthony McPherson
135
Anthony McPherson 2020.05.13 15:43 
 

Works well on my 30 Minute chart with the default settings

Joshua Mangold
442
Joshua Mangold 2020.01.21 23:25 
 

Works good and helpful, thanks!

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Our custom RSI indicator uses the standard RSI calculation, but it adds a few super-useful upgrades. In our opinion this is the RSI indicator that should come standard with MT4! Have a look and decide for yourself! Our indicator has the following benefits: Never miss another RSI set-up when you are away from your computer A colored RSI line makes it easy to see when price is overbought or oversold Get alerts when price moves into overbought/oversold, out of overbought/oversold, or both Custo
30 USD
Entry Points
Roman Yablonskiy
This indicator displays entry points in the market where to open your positions. The indicator is based on Parabolic, SuperTrend and Bollinger Bands to increase profitability and reduce the number of losing trades. It helps to find breakout of the support or resistance line and shows where to enter the market. The dashboard shows the results of the indicator (total pips win, loss, % of win and so on). The notification of entry points comes to the phone. It uses closed bars, no tick data. When yo
40 USD
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Valentin Butorin
3694
Valentin Butorin 2020.10.03 14:07 
 

Nice

Anthony McPherson
135
Anthony McPherson 2020.05.13 15:43 
 

Works well on my 30 Minute chart with the default settings

Joshua Mangold
442
Joshua Mangold 2020.01.21 23:25 
 

Works good and helpful, thanks!

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