Where close sits in the Keltner channel: 0 at the lower band, 1 at the upper.
Preview
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What it measures
An EMA with ATR-scaled bands: the same idea as Bollinger, measured on range instead of deviation.
- Inputs
- EMA length 20ATR length 10ATR multiplier 2
- Output
- A line, as a ratio
- Feeds
- Entry and exit rules
- Warm-up
- 20 bars before its first reading
- Updates
- When each bar closes
- Filters entries
- No. It’s measured and charted, and doesn’t change which entries are taken.
- Part of
- Keltner Channels
- Also known as
- KC, Keltner