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
Parameters
In the Parameters section you can set:
- Input: The reference on which the data (maximum, minimum, opening, and closing) is calculated.
- Atr multiplier: The value of the Atr multiplier.
- Lenght: the period of the channel.
Series
In the Serise section you can set the colors and style of:
- Keltner Avg: the channel average.
- Keltner Up: the channel's upper band.
- Keltner Down: the lower channel band.
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article