NonLagMA Keltner Сhannel – indicator for MetaTrader 5

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category:MT5 INDICATORS

Keltner Channel is usually calculated as SMA (Simple Moving Average) +- ATR distance for the bands.

Since SMA is the slowest moving average, here is a version that uses a much "faster" moving average for the calculation instead: the Non Lag MA. That should help in faster response to volatile markets.

NonLagMA Keltner Сhannel - indicator for MetaTrader 5

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