Keltner Channels Metatrader 4 Indicator
Keltner channels, described by Chester W. takes a very similar approach as the popular Bollinger Bands indicator. It is composed of 3 moving averages, the middle line and two lines below and above the middle line moving average.
BULLISH: Keltner channels slope UP
BEARISH: Keltner channels slope DOWN
Configurable Indicator Options
TimeFrame, Length, MA_Type, Shift, Price, TimesATR
GBP/USD Daily Chart Example