The Keltner Channel indicator is a classic technical analysis indicator developed by Chester Keltner in 1960.
It is a technical analysis indicator that is used to identify trends, volatility, and possible areas of reversal in the price of an asset. The Keltner Channel consists of three lines: a center line (exponential moving average, EMA) and two outer bands that move above and below the center line at a distance proportional to the ATR (Average True Range).
INDEX
Setting Usage
Clicking on the indicator settings icon will open its configuration window, within which you can make several choices regarding the indicator's functionality.
Parameters
In the Parameters section you can select the value of the ASR multiplier, the data base, and the periods of the channel average.
Series
In the series section, you can change the style and colors of the channel average, top band, and bottom band.
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