Keltner Channel With Signals Indicator

📖 About the Indicator
🔹 The Keltner Channel with Jurik MA Indicator for MT4 combines the power of volatility-based Keltner Channels and sophisticated Jurik Moving Averages to deliver highly reliable trend signals.
🔹 It is perfect for forex trend traders who want minimal lag and maximum accuracy in their strategies.

📌 How It Works
✔ Keltner Channel → Uses ATR (Average True Range) to form upper, middle, and lower bands for volatility-based analysis.
✔ Trend Bias:
   ✅ Price above midline & upper band = Bullish Trend
   ✅ Price below midline & lower band = Bearish Trend
✔ Jurik Moving Average (JMA):
   ✅ Changes color from Magenta → Blue = BUY Signal
   ✅ Changes color from Blue → Magenta = SELL Signal
✔ Visual Arrows: Clear BUY/SELL arrows appear when conditions align.

📌 Trading Strategy
🔸 BUY Signal:
   ✔ JMA turns Blue
   ✔ Price stays above Keltner midline & upper band
🔸 SELL Signal:
   ✔ JMA turns Magenta
   ✔ Price stays below Keltner midline & lower band
📌 Exit Strategy:
   ✔ Take profit on opposite signal
   ✔ Stop-loss: Previous swing low/high or opposite Keltner band.

📌 Customization & Flexibility
✔ Adjustable ATR & Jurik MA settings for different volatility conditions.
✔ Works on all timeframes – intraday & long-term charts.

📌 Limitations
⚠ Signals depend on ATR-based Keltner settings – optimize per currency pair.
⚠ Best used with price action confirmation for accuracy.

📌 Conclusion
The Keltner Channel with Jurik MA Indicator is a non-repaint MT4 tool ideal for trend traders. With customizable parameters, visual signals, and enhanced accuracy, it’s a must-have for algorithmic trading strategies.

Input Settings & Controls

📌 General Settings
🔹 TimeFrame: Current chart timeframe. Allows you to apply the indicator on the same or higher timeframe.
🔹 MA_PERIOD (14): Period for Jurik Moving Average smoothing.
🔹 MA_MODE (3): Moving average calculation method (e.g., 0=SMA, 1=EMA, 2=SMMA, 3=LWMA).
🔹 PRICE_MODE (0): Price applied for calculation (e.g., 0=Close, 1=Open, 2=High, 3=Low).

📌 ATR & Keltner Channel Settings
🔹 ATR_PERIOD (21): Number of bars to calculate Average True Range (ATR) for volatility measurement.
🔹 K (0.628): Keltner channel multiplier for ATR (controls channel width).
🔹 ATR_MODE (false): Enables/disables ATR-based calculations.

📌 Jurik Moving Average Settings
🔹 Length (5): Main period for Jurik smoothing calculation.
🔹 Price (0): Applied price for Jurik MA (0=Close, same as PRICE_MODE).
🔹 Phase (100.0): Adjusts Jurik smoothing speed (higher = smoother, but slower response).
🔹 Interpolate (true): Enables smooth interpolation for Jurik curve.
🔹 MultiColor (true): Displays Jurik MA with multiple colors based on trend direction.

📌 Arrows & Signal Settings
🔹 ShowArrows (true): Enables visual BUY/SELL arrows on chart.
🔹 arrowsOnJurik (true): Signals based on Jurik MA trend changes.
🔹 arrowsIdentifier (jurik arrows): Unique name for arrow objects.
🔹 arrowsUpColor (Blue): Color of BUY arrows.
🔹 arrowsUpWidth (15.0.0): Thickness of BUY arrow symbol.
🔹 arrowsDnColor (SaddleBrown): Color of SELL arrows.
🔹 arrowsDnWidth (3.0.0): Thickness of SELL arrow symbol.

📌 Alert Settings
🔹 alertsOn (true): Enables alerts for signal changes.
🔹 alertsOnCurrent (false): If true, alerts trigger on current candle instead of closed candle.
🔹 alertsMessage (true): Displays alert messages in MT4 terminal.

Devices Supported

Device Type	Operating System	Compatibility with TradingView
💻 Windows Laptop/Desktop	Windows XP / Vista / 7 / 8 / 8.1 / 10 / 11	✅ Fully supported via app
🍏 MacBook / iMac	macOS 10.15+	✅ Fully supported via app
📱 Android / Mobile	Android OS	❌ Not supported

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