Keltner Channel


    A technical analysis indicator developed by Chester Keltner.  The upper band is drawn twice the value of the average true range (ATR) calculated over 10 periods above a 20-period exponential moving average of typical prices. The lower band is drawn the same distance below the exponential moving average. A positive signal is generated when price closes above the upper band.  Similarly, a close below the lower band indicates a negative signal.


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