A classic technical analysis index created by Chester W. Keltner in 1960. To some extent, the index is similar to that of the brin and orbitals. The index uses three lines: the median line is the 10 day simple moving average line to represent the typical price, and the online and offline lines are composed of the moving average value of the daily price range plus or minus the distance from the middle line (the difference between high and low position). In this way, a wave - based channel is created. You can modify all the parameters of this version of this version of the moving average line. The index is suitable for MT4

Filename	Size	Update
Keltner_Channel.mq4	3361	2017-12-28

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