Keltner channel forex trading robot

$49.00

System: Metatrader 4
Needed indicators: in zip archive
Timeframe: M15
Currency pair: GBPUSD
Limits by accounts: No
Broker account: any
Type of trading: Middle-term
Moneymanagement: yes
Max. spreads allowed: 4 (40)
TakeProfit and StopLoss max used: 153(SL), 478(TP)
You can download TEST VERSION: Keltner channel FREE

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Description

What is Keltner channel trading robot

Keltner channel trading robot – is a special software to the platform mt4, in which the automated trading algorithm is registered. Robot is written in a special programming language that is compatible with the Metatrader 4 platform and installed in the terminal for self-trading. In the work algorithm is included the special trading strategy and forex indicators! Thus, the robot trades as a professional trader would. 

Keltner channel forex robot has a middle-term type of trading. The profit can be made within hours or in some cases within minutes which is very different from long-term investments. 

Keltner channel trading is about understanding the movement of the market and the precise timing of placing the order. A good strategy only comes to use once the technical analysis is done before trading. Our forex robot will perform its own technical analysis using Keltner channel indicator and automatically trade on your account.

  • 85% profitable trades
  • 30-50% monthly profit
  • The minimum balance requirement in the terminal should be $100. That means if you are not able to invest $100, you can open cent account with the investment of as little as $1 or more. 

What you are buying

  • EA files: Keltnerchannel-robot.ex4
  • Indicators: indicators files

How to start forex trading with Keltner channel forex robot

automated trading with forex robot step 1

Open Account

Open broker account or use existing. You can use any popular broker with small spreads and any type of account (standart, ECN, micro).

Make an initial deposit.

automated trading with forex robot step 2

Install MT4

You need have PC, Laptop (online 24/5) or VPS for trading platform Metatrader 4. 
To ensure the 24-hour operation of the MT 4 we recommend this Forex VPS Provider

automated trading with forex robot step3

Set Up EA

Download forex trading bot from our site after payment and install it in the Metatrader 4 according to this video tutorial

We can help with installation EA via Anydesk.

Keltner channel trading robot test in strategy tester

Keltner channel trading robot profit chart

Keltner channel forex trading robot

Keltner channel trading forex robot uses next indicators

Keltner channel indicator – are volatility-based envelopes set above and below an exponential moving average. This indicator is similar to Bollinger Bands, which use the standard deviation to set the bands. Instead of using the standard deviation, Keltner Channels use the Average True Range (ATR) to set channel distance. The channels are typically set two Average True Range values above and below the 20-day EMA. The exponential moving average dictates direction and the Average True Range sets channel width. Keltner Channels are a trend following indicator used to identify reversals with channel breakouts and channel direction. Channels can also be used to identify overbought and oversold levels when the trend is flat.

Indicators based on channels, bands and envelopes are designed to encompass most price action. Therefore, moves above or below the channel lines warrant attention because they are relatively rare. Trends often start with strong moves in one direction or another. A surge above the upper channel line shows extraordinary strength, while a plunge below the lower channel line shows extraordinary weakness. Such strong moves can signal the end of one trend and the beginning of another.

With an exponential moving average as its foundation, Keltner Channels are a trend following indicator. As with moving averages and trend following indicators, Keltner Channels lag price action. The direction of the moving average dictates the direction of the channel. In general, a downtrend is present when the channel moves lower, while an uptrend exists when the channel moves higher. The trend is flat when the channel moves sideways.
A channel upturn and break above the upper trendline can signal the start of an uptrend. A channel downturn and break below the lower trendline can signal the start a downtrend. Sometimes a strong trend does not take hold after a channel breakout and prices oscillate between the channel lines. Such trading ranges are marked by a relatively flat moving average. The channel boundaries can then be used to identify overbought and oversold levels for trading purposes.

RECOMMENDATIONS

If you looking for the HIGH GAIN PROFIT robot, We recommend our BEST ROBOT FOREXVPORTFOLIO v11.

You can WATCH LIVE STREAMING with forex trading here

best fores robot

How to install forex robot

1. Place order throw the cart and Download the robot, then unzip the archive. Youl’ll find 2 folders (indicators and experts) with  .ex4 files

2. Placing them in the MT4 “Indicators” Data Folder and “Experts” Data Folder

3. Closing and re-starting your MT4 terminal

4. Dragging you expert from the Navigator to the Forex Chart

Do you still have questions about this Keltner channel trading robot?

  • what broker and type of account is better to choose 
  • payment method, if there are restrictions for your location
  • help with installation on your computer or VPS
  • account management service
contact3

Completed trades

5/5

FAQ

What is Keltner channel trading robot

Keltner channel trading robot – is a special software to the platform mt4, in which the automated trading algorithm is registered. Robot is written in a special programming language that is compatible with the Metatrader 4 platform and installed in the terminal for self-trading. In the work algorithm is included the special trading strategy and forex indicators! Thus, the robot trades as a professional trader would. 

Keltner channel forex robot has a middle-term type of trading. The profit can be made within hours or in some cases within minutes which is very different from long-term investments. 

Keltner channel trading is about understanding the movement of the market and the precise timing of placing the order. A good strategy only comes to use once the technical analysis is done before trading. Our forex robot will perform its own technical analysis using Keltner channel indicator and automatically trade on your account.

  • 85% profitable trades
  • 30-50% monthly profit
  • The minimum balance requirement in the terminal should be $100. That means if you are not able to invest $100, you can open cent account with the investment of as little as $1 or more. 

What you are buying

  • EA files: Keltnerchannel-robot.ex4
  • Indicators: indicators files

How to start forex trading with Keltner channel forex robot

automated trading with forex robot step 1

Open Account

Open broker account or use existing. You can use any popular broker with small spreads and any type of account (standart, ECN, micro).

Make an initial deposit.

automated trading with forex robot step 2

Install MT4

You need have PC, Laptop (online 24/5) or VPS for trading platform Metatrader 4. 
To ensure the 24-hour operation of the MT 4 we recommend this Forex VPS Provider

automated trading with forex robot step3

Set Up EA

Download forex trading bot from our site after payment and install it in the Metatrader 4 according to this video tutorial

We can help with installation EA via Anydesk.

Keltner channel trading robot test in strategy tester

Keltner channel trading robot profit chart

Keltner channel forex trading robot

Keltner channel trading forex robot uses next indicators

Keltner channel indicator – are volatility-based envelopes set above and below an exponential moving average. This indicator is similar to Bollinger Bands, which use the standard deviation to set the bands. Instead of using the standard deviation, Keltner Channels use the Average True Range (ATR) to set channel distance. The channels are typically set two Average True Range values above and below the 20-day EMA. The exponential moving average dictates direction and the Average True Range sets channel width. Keltner Channels are a trend following indicator used to identify reversals with channel breakouts and channel direction. Channels can also be used to identify overbought and oversold levels when the trend is flat.

Indicators based on channels, bands and envelopes are designed to encompass most price action. Therefore, moves above or below the channel lines warrant attention because they are relatively rare. Trends often start with strong moves in one direction or another. A surge above the upper channel line shows extraordinary strength, while a plunge below the lower channel line shows extraordinary weakness. Such strong moves can signal the end of one trend and the beginning of another.

With an exponential moving average as its foundation, Keltner Channels are a trend following indicator. As with moving averages and trend following indicators, Keltner Channels lag price action. The direction of the moving average dictates the direction of the channel. In general, a downtrend is present when the channel moves lower, while an uptrend exists when the channel moves higher. The trend is flat when the channel moves sideways.
A channel upturn and break above the upper trendline can signal the start of an uptrend. A channel downturn and break below the lower trendline can signal the start a downtrend. Sometimes a strong trend does not take hold after a channel breakout and prices oscillate between the channel lines. Such trading ranges are marked by a relatively flat moving average. The channel boundaries can then be used to identify overbought and oversold levels for trading purposes.

RECOMMENDATIONS

If you looking for the HIGH GAIN PROFIT robot, We recommend our BEST ROBOT FOREXVPORTFOLIO v11.

You can WATCH LIVE STREAMING with forex trading here

best fores robot

How to install forex robot

1. Place order throw the cart and Download the robot, then unzip the archive. Youl’ll find 2 folders (indicators and experts) with  .ex4 files

2. Placing them in the MT4 “Indicators” Data Folder and “Experts” Data Folder

3. Closing and re-starting your MT4 terminal

4. Dragging you expert from the Navigator to the Forex Chart

Do you still have questions about this Keltner channel trading robot?

  • what broker and type of account is better to choose 
  • payment method, if there are restrictions for your location
  • help with installation on your computer or VPS
  • account management service
contact3

Completed trades

5/5