well normal bollingers are ok for me, first i need to understand how these channels expand and how much and in what market conditions.

Hi guys,

Could some one please update the attached Keltner Channels indicator so it shows dots when a candle opens below/above the channel. I hope this won't take much of your time.

best regards,

Vlad

Attached Files

Keltner Channels.mq4 (2.6 KB, 199 views)

I am trying to use the Keltner Channel indicator from here:

Keltner Channel - MQL4 Code Base

It is the only Keltner Channel indicator I have found for MT4. There is a variable to modify the period used for the middle line, but there doesn't appear to be one to modify the upper and lower lines (multiplier constant lines). I can't even see what it is currently set at. I would like to be able to change this to my own setting. Does anyone have experience with this or know how to modify the indicator to allow custom settings for the multiplier constant?

i need to download the keltner bands, anybody can help me? thanks a lot

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Hallo,
Can anyone please make an indicator appearing in the main window as dots with the following formula:
high+0.30*atr(21) (green colour)
low-0.30*atr(21) (red colour)

Thanks in advance!

Keltner or this one could help.

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Thanks for your reply but i am afraid that the indicators posted are not the ones i am looking for. I want an indicator with a simple use of atr:
high+0.30*atr(21) (green colour)
low-0.30*atr(21) (red colour)
without moving averages etc. Thank you.

I don´t know if this is what you need.

But could be usefull for somebody else. I've just modified one oldie from Damiani.

picture1a234577432127ash.gif

Attached Files

Donchian Channels plus ATR borders.mq4 (3.9 KB, 77 views)

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4 example, what atr borders for (in this case?)
thank you