Keltner Channels

The Keltner Channels indicator is somewhat similar to Bollinger Bands and Donchian Channels in that it is used to determine overbought and oversold market conditions. The difference between Donchian Channels and Keltner Channels is that, instead of using the average price of 20 data lengths, it uses a 20 data length Exponential Moving Average +/- (2 x Average True Range) causing it to generate different trade signals than Donchian Channels.

Tip: Use during sideways markets or to confirm trends.

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Interface

Supported license & Trade types

Supported License

Supported Trade Types

Spot trading

Simple license

Margin trading

Advanced license

Leverage trading

General Settings

  • Exchange Website to monitor

  • Currency Pair to monitor for trade signals

  • Update Speed

  • Trade Signals

Tip: The exchange doesn't have to be the same exchange you are currently trading on.

Indicator Settings

  • Length

    • Number of candles (or time periods) before an action is taken.

  • Multiplier

    • Multiplier for Average True Range.

  • ATR Length

    • Number of candles (or time periods) used to calculate ATR.

Usage

It is recommended to use this indicator during sideways markets to catch the dips and rises and maximize your profit.

Interface

Supported license & Trade types

Supported License

Supported Trade Types

Spot trading

Simple license

Margin trading

Advanced license

Leverage trading

General Settings

  • Exchange Website to monitor

  • Currency Pair to monitor for trade signals

  • Update Speed

  • Trade Signals

Tip: The exchange doesn't have to be the same exchange you are currently trading on

Indicator Settings

  • Length

    • Number of candles (or time periods) before an action is taken.

  • Multiplier

    • Multiplier for Average True Range.

Usage

It is recommended to use this indicator during sideways markets to catch the dips and rises and maximize your profit.