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Keltner Channel is a well known indicator that not in MT4’s indicators default lineup (You can get this from your broker somehow). This indicator helps you to define trend and sometimes overbought/oversold prices during flat trend.
Input Description:
- EMAperiod: Moving Average period used for indicator. Must be higher than 1.
- ATRperiod: Average True Range period used for indicator. Must be higher than 1.
- multiplier: Multiplier used for determine channel’s wide. Must be higher than 0 but may not be integer.
- shift: Give an additional shift to the channel.
![图片[1]-Keltner Channel MT4 外汇EA-EA侦探社 - 全球领先的MQL5官网外汇EA机器人MT4自动化交易EA资源免费分享网站](https://sp-ao.shortpixel.ai/client/to_webp,q_glossy,ret_img/https://www.mql5.vip/wp-content/uploads/2024/05/20240514111300-6643473c66fa7.png)
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