this indicator works on the basis of the classic ten-day moving rule described by Chester W. Keltner (1909-1998). By default, parameters are set to the values of the classic version of the Keltner program, but users can change them at will.

• Customizable appearance.
• The Keltner channel is colored depending on the trend direction.
• The Buy and Sell arrows show trend signals.
• Sound alerts and notifications by e-mail.

• Candles. The number of candles used to calculate the lines (by default, 10 candles are used).
• MA_Method. the type of moving average used in calculations (simple by default).
• Price_Applied. The price used to calculate the Keltner centerline (by default, the typical price).
• Multiplier. The distance between the buy/sell Keltner lines and the center line (default is 1.0).
• Up_Color. The color of the Keltner buy line and the sell arrow (red by default).
• Median_Color. The color of the center line (gray by default).
• Down_Color. The color of the Keltner sell line and the buy arrow (blue by default).
• Style_Width. Line width (the middle line is always displayed as a dotted line).
• Alerts. Sound alerts and on-screen messages (default is true).
• Text_BUY. The message for the notification about the purchase.
• Text_SELL. The message for the notification about the sale.
• eMail_Send. Sending a message to the user (false by default).
• Notification_Send. Sending a message to the user (false by default).

[spoiler title=”Read More…”]

I hope that the Classic Keltner Channel indicator will be a good purchase for you.

[/spoiler]