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:
Borders of the channel directed downward
Midline of the channel is colored Magenta color
MA also is colored Magenta color
Was formed red stars
Open Sell order at the next candle
keltner-channel-pro-sell
Open Buy Order when:
Borders of the channel directed upward
Midline of the channel is colored DeepSkyBlue color
MA also is colored Blue color
Was formed star blue
Open a Buy order at the next candle
keltner-channel-pro-buy
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.
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