Keltner ATR Band Mt4
This Old Kings indicator for MetaTrader 4 is called Keltner ATR Band Mt4. As the name suggests, the idea behind it is ATR volatility and Keltner channels. In the code it works with moving averages and ATR. It has 2 settings, for example MAPeriod (default 50) and ATRMult (default 3.75). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 1 indicator file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Keltner ATR Band Mt4
Keltner ATR Band Mt4 is an indicator for MetaTrader 4 based on Moving Average and ATR. It has 2 settings, such as Ma period and Atr mult. MQL source code included.
Files in the download: Keltner_ATR_Band mt4.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Ma period | 50 | Period or timeframe used by the calculation |
| Atr mult | 3.75 |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: ATR · Channels & Envelopes · Moving Average · MT4 Indicator · MQL4 Source Code