vStore header

vStore is your one-stop-shop for VertexFX plugins and apps. vStore categorizes the plugins/apps to make it easier for both front-end and back-end users to reach what they need

  • Choose from hundreds of VertexFX plugins/apps
  • VertexFX API toolkit to develop plugins/apps
  • Brand and sell your own plugins

Sign Up Now

vStore   VTL Plugins Free Keltner ATR Band

Keltner ATR Band

Keltner ATR Band is a powerful VertexFX client side VTL indicator that gives excellent entry and exit signals for trade reversals. The Keltner ATR bands are based on Simple Moving Average (SMA), Average True Range (ATR) and the concept of Keltner Channels (KC).

The concept behind this indicator is that it provides a dynamic support and resistance level when the price is trending. When the price moves above the upper band and closes below, it implies that the uptrend has lost strength and a reversal is imminent. Similarly, when the price falls below the lower band and then closes above it, it implies that the downtrend has lost strength and a reversal is imminent.

At first step we calculate the Simple Moving Average (SMA) based on the MA_PERIOD bars. In second step we calculate the Average True Range (ATR) based upon the MA_PERIOD bars. In third step the Average True Range is multiplied by the ATR_MULT multiplier. The upper band is calculated by adding the ATR product calculated in third step to the SMA calculated in the first step. The lower band is calculated by subtracting the ATR product calculated in the third step from the SMA calculated in the first step.

Buy: Place Buy position when the candle closes above the lower band from below.
Do not place Buy position if candle has gap-up opening.
Stop Loss can be placed below the nearest swing low.

Sell: Place Sell position when the candle closes below the upper band from below.
Do not place Sellposition if candle has gap-up opening.
Stop Loss can be placed above the nearest swing low.
 

Usage

  • Download the attachment from vStore or directly from the vStore tab in your terminal by performing a right click on it and selecting Download & Install
  • Copy it to your company VertexFX Local VTL Files folder i.e. C:\ProgramData\VertexFX Client Terminals\"Company name"\VTL10\Local VTL Scripts
  • Restart your Client Terminal or Right Click on "Local VTL Scripts" Tree Node to find the script.

Rate this product
0 vote
Favoured:
0

Listings details

Flat Monthly Fees
$0
Volume Monthly Fees
$0
Tech Support Fees
$0
Hits
3474
Rating
On
11 January 2016
Attachment (Desktop)
Compatibility

Share This!

youtube-right

Search Plugins

Try VertexFX

download-button

VertexFX for iOS Android Icon VertexFX Web Trader VertexFX eBroker Icon VertexFX Backoffice Social Trading

Community Forum

Ask, Share, Engage

Enter Forum

Project Zone

A Trader or A Developer?

Enter the Project Zone

Latest Projects

Sponsored Ad

Follow Line

Latest Plugins

RSIofPSAR
RSIofPSAR
Description: RSIofPSAR is a VertexFX indicator that identifies trend reversals, it is based on two underlying indicators namely the P ...
iDoubleChannel
iDoubleChannel
Description: iDoubleChannel is a powerful VertexFX indicator that closely follows the price trends. The indicator comprises three com ...
Double Smoothed AMA
Double Smoothed AMA
Description: Double Smoothed Adaptive Moving Average (DSAMA) is a VertexFX indicator based on the Simple Moving Average (SMA) indicat ...

Most Reviewed Plugins

VertexFX Bridge
VertexFX Bridge
Description: VertexFX Risk Management Bridge is a back end software used to connect your VertexFX system to another one for clearing an ...
VertexFX News Trader 11
VertexFX News Trader 11
Description: Never miss out news trading opportunities again! VertexFX auto News Trader for VertexFX 11 is a unique trading plugin tha ...
Butterworth 2 Pole
Butterworth 2 Pole
Description: The Two Pole Butterworth filter is a VertexFX Indicator which uses smoothing method termed as low-pass filters to reduce ...

Featured Plugins

Brain Trend Signal Alert
Brain Trend Signal Alert
Description: Brain Trend Signal Alerts is Client Side VTL indicator that plots buy and sell signals. This follows the short-term tren ...
sRSI -Sell Relative...
sRSI -Sell Relative Strength Index
Description: sRSI (Sell Relative Strength Index) is a powerful VertexFX client-side indicator based on enhanced implementation of the ...
Percentage Channel
Percentage Channel
Description: Percentage Channel, PCC is a modified version of the Donchain channel indicator. Instead of the N day High Low range use ...

About Us

Started in 2002, Hybrid Solutions Group provides FOREX Online Trading Platform. Hybrid Solutions has adopted the latest technologies and international standards to develop its Online Trading Platform, VertexFX.

Read More

Contact us

uk16 UK: +44-2-071-936-008
australia16 Australia: +61-280-114-343
USA Flag USA: +1-845-657-3272
HongKong Flag HK: +852-8199-0933
Jordan Flag Jordan: +962-6-552-0822

Sales Chat on WhatsApp Sales Chat on WhatsApp

Send us Email

Join Our Mailing List

Expos & Awards

VertexFX Awards

Hybrid Photo Gallery

  

  

VertexFX Mobile Trader

VertexFX Mobile Trader android

VertexFX Mobile Trader iOS

VertexFX Cloud

VertexFX Cloud

Search Plugins

Latest Tweet

This website and its content are copyrights of Hybrid Solutions - © Hybrid Solutions 2002 - 2020. All rights reserved.

Disclaimer: Hybrid Solutions is the VertexFX trading platform vendor, provides technology only for the financial institutes and does not have any intervention in any financial role or in the trading cycle. Hybrid Solutions clears its responsibility from any financial institute's behavior. Choose your broker wisely and seek independent advice if necessary.

اخلاء مسؤولية: هايبرد سوليوشنز هي الشركة المزودة لبرنامج (الفيرتكس اف اكس) للتداول الالكتروني ، تزود فقط التكنولوجيا اللازمة للوسطاء ولكنها لا تتدخل بأي شكل مهما كان في عمليات التداول أو بأي دور مالي. هايبرد سوليوشنز تخلي مسؤوليتها بشكل كامل عن تصرفات الوسطاء او كل ما من شأنه أن يسبب الخسارة للمتداول ، إختر وسيطك بتأني واطلب النصيحة من المختصين بالتداول عند الحاجة.

Close