Forex Keltener Channels Reversal Binary Options Strategy
Forex Keltener Channels Reversal Binary Options Strategy is an indicator for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around price channels and reversals against the current move. Its source code uses moving averages. It draws arrows on the chart. It has 5 settings, for example Length (default 10), Applied Price (default 0) and Filter (default 0). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 7 indicator files with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Forex Keltener Channels Reversal Binary Options Strategy
Forex Keltener Channels Reversal Binary Options Strategy is an indicator for MetaTrader 4 based on Moving Average. It draws buy and sell arrows on the chart. It has 5 settings, such as Length, Applied price and Filter. MQL source code included.
Files in the download: Dots.ex4, Dots.mq4, FSP Short Trend~.ex4, FSP Short Trend~.mq4, gi_Stochastic Bollinger Bands2.ex4, installation manual.txt, Keltener channels reversal binary system.tpl, NPKB_KeltnerChannel.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Length | 10 | |
| Applied price | 0 | |
| Filter | 0 | |
| Deviation | 0 | |
| Shift | 0 | Bar shift (0 = current bar) |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Channels & Envelopes · Binary Options · Buy/Sell Arrows · Moving Average · MT4 Indicator · MQL4 Source Code