Indicators & Analysis
Intermediate
Keltner Channel
Volatility channel built from an EMA centre line plus/minus a multiple of ATR.
Definition
Similar to Bollinger Bands but uses ATR instead of standard deviation. Less reactive to outliers, more stable for trend channels.
Formula
Middle = EMA(20) Upper = Middle + (2 × ATR(10)) Lower = Middle − (2 × ATR(10))