
Keltner Channel With Signals Indicator
Trade forex with visual arrow signals. Precise BUY and SELL signals using the Keltner channel mt4 indicator. It combines the power of Jurik with Keltner.
CATEGORIES: TREND, MT4, SIGNAL, CHANNELS
Updated on: 26.10.2023
This MT4 indicator uses the Keltner Channel besides Jurik moving averages to produce the best trend trading signals. It provides forex trend traders, in particular, a valuable insight while using any trend trading strategy. The indicator also provides flexibility to the forex trader with different parameters.
Whats is the best trading strategy using Keltner Channel with Signals Indicator?
Keltner channels use moving averages and ATR values to create the Keltner channel. Traders consider the trend as bullish if the price stays above the midline and the channel’s upper line. Whereas, the prices staying below the midline and lower line of the channel are in a bearish trend.
Jurik moving averages reduces the lag in moving averages. As a result, it produces a smoother moving average with less noise.