Keltner Channel Pro – improved version of the popular indicator

Keltner Channel Pro is a modification of popular indicator Keltner Channels, based on the volatility of the currency pair. Improved version has advanced settings, displays readings in multiframe mode and gives signals to enter the market with a fairly high degree of accuracy when properly selected settings.

Characteristics of Keltner Channel Pro

• Platform: Metatrader4
• Currency pairs: Any currency pairs (recommended Major)
• Trading Time: Around the clock
• Timeframe: М5 - D1
• Recommended broker: Roboforex, XM, InstaForex

Trading rules by the Keltner Channel Pro

Open Sell Order when:

1. Borders of the channel directed downward
2. Midline of the channel is colored Magenta color
3. MA also is colored Magenta color
4. Was formed red stars
5. Open Sell order at the next candle

Open Buy Order when:

1. Borders of the channel directed upward
2. Midline of the channel is colored DeepSkyBlue color
3. MA also is colored Blue color
4. Was formed star blue
5. Open a Buy order at the next candle

Indicator Keltner Channel Pro may be used in the trade as a self-sufficient trading system. To reduce the number of false signals is recommended to use Keltner Channel Pro on high timeframes, from H1 and above.

In the archive Keltner_Channel_Pro.rar:

• Keltner Channel Pro.ex4
• Keltner Channel template.tpl

Free Download Keltner Channel Pro