Keltner Channels
EMA(20) ±1.5×ATR channels — equity volatility.
What are Keltner Channels?
Keltner Channels use EMA and ATR to create volatility-based bands. Unlike Bollinger Bands (standard deviation), KC uses ATR for smoother bands.
Parameters (20, 1.5)
- Upper Band: EMA + 1.5×ATR
- Middle Band: 20-period EMA
- Lower Band: EMA - 1.5×ATR
Interpretation
- Bullish: Price above middle, near upper
- Bearish: Price below middle, near lower
- Support/Res: Bands act as dynamic S/R
Trading Signals
- Buy: Pullback to middle in uptrend
- Sell: Rally to middle in downtrend
- KC squeeze with BBands = breakout setup
Close Price Overlay
Close outside KC = strong trend; inside = consolidation. Toggle the price overlay via the chart icon in the app bar.
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