Forex Keltner Channel F1 MTF Indicator
Forex Keltner Channel F1 MTF Indicator is an indicator for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is Keltner channels, price channels and several timeframes at once. Its source code uses moving averages and ATR. It can read another timeframe. It has 8 settings, for example Time Frame (default current time frame), MA PERIOD (default 34) and MA MODE (default 3). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 2 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 Keltner Channel F1 MTF Indicator
Forex Keltner Channel F1 MTF Indicator is an indicator for MetaTrader 4 based on Moving Average and ATR. It can show data from another timeframe (MTF). It has 8 settings, such as Time frame, Ma period and Ma mode. MQL source code included.
Files in the download: installation manual.txt, Keltner Channels F1 mtf.ex4, Keltner Channels F1 mtf.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | current time frame | Period or timeframe used by the calculation |
| Ma period | 34 | Period or timeframe used by the calculation |
| Ma mode | 3 | |
| Price mode | 4 | |
| Atr period | 20 | Period or timeframe used by the calculation |
| K | 1.0 | |
| Atr mode | false | |
| Interpolate | true |
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 · Multi-Timeframe (MTF) · Moving Average · ATR · MT4 Indicator · MQL4 Source Code