Keltner Channel Indicator

📊 Identify Trends – Determine uptrends and downtrends effortlessly
📈 Spot Breakouts – Detect breakout opportunities early
🔄 Find Reversals – Recognize trend reversal signals accurately
⚙ Fully Customizable – Adjust EMA, ATR, and Multiplier settings
🕒 Works on All Timeframes – Suitable for any currency pair or market

The Keltner Channel Indicator for MetaTrader 4 (MT4) is an essential tool for traders who want to trade with the trend confidently. Built using EMA (Exponential Moving Average) and ATR (Average True Range), this indicator creates a channel around price movements to provide valuable insights.

🔍 Key Features

  • 📊 Trend Identification
    When the channel is angled upward, it signals an uptrend, and when angled downward, it indicates a downtrend.

  • 📈 Breakout Signals
    Price closing outside the channel often signals a strong move in the breakout direction.

  • 🔄 Reversal Detection
    Identify potential trend exhaustion when price touches the opposite band after a strong trend.

  • ⚙ Customizable Settings
    Adjust EMA Period, ATR Period, and Multiplier to suit your trading style.

  • 🕒 Universal Application
    Works on all timeframes and supports all currency pairs.

  • ✅ Easy-to-Use
    Perfect for beginners and advanced traders alike.

📌 How It Works

  • Upper Band: EMA + (Multiplier × ATR)

  • Lower Band: EMA – (Multiplier × ATR)

  • Middle Band: EMA

This calculation provides dynamic support and resistance levels while reducing false breakout signals compared to similar indicators like Bollinger Bands.

🎯 Why Use Keltner Channel?

  • ✔ Accurate trend detection

  • ✔ Effective breakout strategy tool

  • ✔ Reduces false signals for better trade decisions


Download Now – Size: 20.20 KB (.zip) and start identifying profitable trend opportunities today.

Input Settings & Controls

  • 📏 Period Setting:

    • Default: 10

    • Can be adjusted for different strategies

  • 🎨 Colors:

    • Fully customizable for better visibility on charts

  • 🖥 Visualization:

    • Display on any timeframe and market instrument

  • ⚙ Inputs:

    • Easily modify the core parameters like period to fit your needs

  • ✅ Common Settings:

    • Enable/Disable indicator, alerts, and chart display options

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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⚠️ Final Note: Trading in financial markets is speculative and may not be suitable for all investors. TrendCharts.in provides various automatic signal setups for Paper Trading & help in Analysis, it is not a “black box” system to be used without careful evaluation. Users must apply their judgment in filtering automated setups, particularly in relation to broader market trends. All trading decisions are solely the responsibility of the individual trader. Trading and investing involve risks, and losses are inevitable, So Kindly use only risk capital and never invest money you cannot afford to lose.

✅ Always remember🧠 my 3R Rule💡: If the money💰 is yours then, risk⚖️, reward🏆 and regret😔 are solely yours. 🔥

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