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Keltner Channel Forex Indicator With Signals For MT4

    The Keltner Channel with signals indicator for Metatrader 4 is based on the popular Keltner Channel indicator and delivers accurate buy/sell signals.

    The indicator is beginner friendly and paints all trading signals on the chart in real-time.

    Simply buy when the blue star appears on the chart and sell when the brown star appears on the chart.

    Exit the trade when an opposite trading signal appears on the chart.

    General Information

    • Beginner friendly indicator
    • Works for any trading instrument
    • Does not repaint
    • Buy & sell signals on chart
    • Developed for Metatrader 4

    Free Download

    Download the keltner-channel-with-signals.mq4 indicator file (MT4)

    Indicator Chart Example

    The picture below shows the Keltner Channel with signals Forex indicator attached to the Euro / U.S. Dollar technical chart.

    How to use this indicator?

    This Forex indicator can be used in multiple ways, find an example below:

    Buy Signal:

    • Open a buy transaction when the blue colored star gets printed on the chart.
    • Place stop loss below the previous swing low.

    Sell Signal:

    • Open a sell transaction when the brown colored start gets printed on the chart.
    • Place stop loss above the previous swing high.

    How to install the Keltner Channel with signals indicator to the Metatrader 4 platform?

    • Download the keltner-channel-with-signals.mq4 indicator file here and save it to your computer
    • Open your Metatrader 4 platform
    • Click on “File” (top menu) and then select “Open Data Folder” from the drop down menu
    • Click on “MQL4” and open the “Indicators” folder
    • Paste the indicator file in this folder
    • Restart Metatrader 4 and you’re ready to start using the indicator

    How to edit the indicator?

    • Attach the indicator to any trading chart of your preference
    • Right click in the chart and select “Indicators List” from the drop down menu
    • Select the indicator from the list and click on “Edit”
    • Now you can start editing the indicator (Inputs, Colors and Visualization)
    • Final step, click on the “OK” button to save the new configuration