Keltner Channel – MT4 Indicator

Keltner Channel Indicator Screenshot

Keltner Channel Indicator

on Euro USD Chart – 1 Hour Time Frame

We can see from the above example, breaking the channel can be a trending movement, and moving inside the channel can be a flat market.

Keltner Channel Indicator Features

  1. Input Options and Default Settings:
    • Period: 10
  2. Input Parameters: N/A

Details:

  • Name: Keltner Channel
  • Author: Gilani
  • Platform: Metatrader 4
  • Website: MetaQuotes Software Corp.
  • License: Free – All Forex Indicators posted here are free licensed indicators intended for educational purposes only.
  • Size: 0.9 Kilo Bytes
  • File Type: mq4
  • Download: Keltner Channel – MT4 Indicator and trade like a pro

Note: Some traders use it as the alternative of bollinger bands, if you trade on trending market and using B bands, maybe you can try this.