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
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.
In the first step we calculate the Simple Moving Average (SMA) based on the MA PERIOD bars.
In the second step we calculate the Average True Range (ATR) based upon the MA PERIOD bars.
In the 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 Sell position if candle has gap down opening. Stop Loss can be placed below the nearest swing high.
Download Keltner_ATR_Band.vtl (839 views)
Ask, Share, Engage
A Trader or A Developer?
Enter the Project ZoneCCIinMA![]() Description: CCIinMA is an innovative VertexFX indicator based on Moving Average and Commodity Channel Index indicators. The Commodi ... |
Camarilla Flat & Clear![]() Description: Camarilla Flat And Clear is an innovative VertexFX client-side indicator based on the daily pivot and Camarilla levels. ... |
Simple Decycler...![]() Description: Simple Decycler Oscillator is a powerful VertexFX indicator that identifies the start and reversal of a trend. One of t ... |
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![]() Description: Never miss out news trading opportunities again! VertexFX auto News Trader for VertexFX 11 is a unique trading plugin tha ... |
VertexFX Margin Call![]() Description: *We have reviewed our prices for the next two months. Take the opportunity and get our plugins in a very competative price ... |
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 ... |
PTL Perfect Trend Lines![]() Description: Perfect Trend Lines, PTL, is a short-term trend trading indicator. The lines showing the trend in this indicator are not ... |
sRSI -Sell Relative...![]() Description: sRSI (Sell Relative Strength Index) is a powerful VertexFX client-side indicator based on enhanced implementation of the ... |
Established in 2002, Hybrid Solutions provides FOREX Online Trading Platform. Hybrid Solutions has adopted the latest technologies and international standards to develop its Online Trading Platform, VertexFX.
UK: +44-2-071-936-008
Australia: +61-280-114-343
USA: +1-845-657-3272
HK: +852-8199-0933
Jordan: +962-6-552-0822
Sales Chat on WhatsApp
This website and its content are copyrights of Hybrid Solutions - © Hybrid Solutions 2002 - 2019. 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.