Description
Keltner Channels show a central moving average of the typical price line plus channel lines at a distance above and below. This distance is the simple moving average of the past 10 days' trading ranges. The strategy is to regard a close above the upper line as a strong bullish signal and a close below the lower line as strong bearish signal.
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hobaho
Joined on 02.08.2012
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: KeltnerChannels.algo
- Rating: 5
- Installs: 3232
- Modified: 13/10/2021 09:54
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