Keltner Channel – MT4 Indicator
Keltner Channel Indicator Screenshot
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
- Input Options and Default Settings:
- Period: 10
- Input Parameters: N/A
- 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.