Keltner Channel
Learning Center - KeltnerChannels
By default, the distance between each channel and the moving average is equal to ATR multiplied by two. Keltner Channels are commonly used as a trend following indicator: closing above the upper channel line is interpreted as a bullish signal, while closing below the lower channel line is considered a bearish signal.
How to Use Keltner Channels
Keltner Channels is a volatility indicator introduced by a grain trader named Chester Keltner in his 1960 book, How To Make Money in Commodities. A revised version was later developed by Linda Raschke in the 1980s.
Simple Keltner Channel Trading Strategies Explained - Forex
The Keltner channel indicator belongs to a family of technical analysis tools called envelop indicators. Envelop indicators like Keltner channel uses one lower band and one upper band to create a dynamic channel around the price range of a financial instrument.
Keltner Channel - Technical Analysis - Commodity.com
The Keltner Channel is a moving average band indicator whose upper and lower bands adapt to changes in volatility by using the average true range. The Keltner Channel is used to signal possible price breakouts, show trend, and give overbought and oversold readings.
Keltner Channel VS Bollinger Bands® - Which One Is Better?
The Keltner Channel is based on the ATR (Average True Range) indicator. Thus, the Keltner Channel projects the true width of the price range. I wrote about the ATR here: ATR indicator guide Similarly to the Bollinger Bands, the Keltner Channel signals a strong trending market when the price is able to reach the outer bands.
Keltner Channel - That Works » FINMAXBO
Keltner Channel combined with Bollinger Bands Due to the difference in calculation of upper and lower bands, Keltner Channel and Bollinger Bands have significant distinctions in visual representations and practical performance of trading patterns used to analyse the market conditions and provide trading signals.
Free download of the 'Keltner Channel' indicator by
The Keltner Channel indicator locates the most important trends. The indicator is based on principles similar to those used in Envelopes and Bollinger Bands. The difference is in that instead of percentage (Envelopes) or standard deviations (Bollinger Bands), the average true range is used here.