The Keltner ATR Bands indicator is a useful tool for forex traders using the MT4 platform. It is a popular indicator among traders because it helps identify potential trend reversals and breakouts in the market. The indicator is based on the Average True Range (ATR) volatility indicator and Keltner Channels, which helps traders establish strong support and resistance levels. The Keltner ATR Bands indicator is free to use and can be easily downloaded and installed on the MT4 platform. Traders can adjust the period settings of the indicator to suit their trading style and time frame. When the price moves above or below the bands, it can signal potential entry or exit points for trades. Additionally, the indicator can be used in conjunction with other technical analysis tools to confirm trading signals. Overall, the Keltner ATR Bands indicator is a powerful tool for forex traders looking to improve their trading strategies.