MT5 Keltner Channel Indicator for MT5 1.0

The Keltner Channel Indicator for MT5 is a useful tool for forex traders looking to analyze price movements and trends. It is a popular indicator among traders due to its ability to identify potential entry and exit points in the market. The indicator is free to use and easy to apply to any chart on the MetaTrader 5 platform. The Keltner Channel Indicator consists of three lines – a middle line based on a simple moving average, and upper and lower bands based on the average true range of the price. Traders can use the indicator to spot potential breakouts or reversals when the price moves outside of the channel. Additionally, the width of the channel can indicate the level of market volatility. Overall, the Keltner Channel Indicator for MT5 is a valuable tool for forex traders looking to make informed trading decisions based on price volatility and trends.

Keltner Channel​