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| Keltner Channels were invented by Chester W. Keltner in the 1960s. Keltner was a commodity trader and analyst who developed the channels as a way to identify potential breakouts and trend reversals in financial markets. Keltner Channels are based on an exponential moving average and an Average True Range (ATR) calculation. The upper and lower bands of the channel are defined as a certain number of ATRs above and below the moving average. To use Keltner Channels in trading, traders typically look for price movements that approach or cross the upper or lower bands of the channel. They may also use the width of the channel as an indicator of market volatility. When the channel is wider, it may indicate higher volatility and potential trading opportunities. Conversely, when the channel is narrower, it may indicate lower volatility and potentially fewer trading opportunities. |
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Keltner Channels
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| Price Crossed Above Upper Band of KELT(20,2,10) |
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| Price Crossed Above Lower Band of KELT(20,2,10) |
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| Price Crossed Below Upper Band of KELT(20,2,10) |
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| Price Crossed Below Lower Band of KELT(20,2,10) |
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| Price Touched Above Upper Band of KELT(20,2,10) |
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| Price Touched Above Lower Band of KELT(20,2,10) |
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| Price Touched Below Upper Band of KELT(20,2,10) |
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| Price Touched Below Lower Band of KELT(20,2,10) |
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| Price Bounced Up From Upper Band of KELT(20,2,10) |
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| Price Bounced Up From Lower Band of KELT(20,2,10) |
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| Price Bounced Down From Upper Band of KELT(20,2,10) |
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| Price Bounced Down From Lower Band of KELT(20,2,10) |
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| Price Is Above Upper Band of KELT(20,2,10) |
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| Price Is Above Lower Band of KELT(20,2,10) |
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| Price Is Below Upper Band of KELT(20,2,10) |
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| Price Is Below Lower Band of KELT(20,2,10) |
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