StockFetcher Forums · Indicators and Measures · Keltner Channels (upper,lower,middle)<< >>Post Follow-up
963 posts
msg #33
8/29/2002 10:42:26 AM

Keltner Channels

Parameters Period: number of days used
Width: Width of channel. Default=1.0
StdDev Flag: If 1 then use standard deviations as the width, otherwise width is a scalar multiple of the average (high - low). Default=0
Usage Upper Keltner Band(period,width,flag)
Lower Keltner Band(period,width,flag)
Center Keltner Band(period,width,flag)
Description Originally described in Perry Kaufman's book: "The New Commodity Trading System and Method" and designed by Chester W. Keltner, the Keltner Channels provide a Bollinger Band-like envelope around the price.
Fetcher[Close is above the Upper Keltner Band(10)]

Fetcher[Close is below the Lower Keltner Band(10)]

Fetcher[Low crossed above the Upper Keltner Band(10) within the last 1 day]

StockFetcher Forums · Indicators and Measures · Keltner Channels (upper,lower,middle)<< >>Post Follow-up

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