Keltner X2 MTF TT Indicator
Platform: MT4 Type: Channel Last update: September 28, 2024The Keltner X2 MTF TT is a custom forex indicator that displays two Keltner Channel bands and the best fit for that gauge is a reversal strategy.
Due to applying these dual bands, a trading event happens that bands of one channel touch and cross through bands of the other channel.
You can call that situation an extreme or a breakout, and it is a sign that a reversal is underway.
When the buy signal occurs an area between bands will be colored to blue. Similarly, when the sell signal occurs an area between bands will be colored to orange.