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 Keltner Channels Rate this Topic:
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Bruce_L
 Posted : Tuesday, March 7, 2017 3:39:48 PM

Worden Trainer

Joined: 10/7/2004
Posts: 65,138

# Keltner Channels

## Templates (v17+)

### Top Channel

XAVG((H + L + C) / 3 + w * ATR, x)

### Bottom Channel

XAVG((H + L + C) / 3 - w * ATR, x)

### Center Line

XAVG(H + L + C, x) / 3

Where x is the Period of the Keltner Channels.
Where w is the ATR Multiplier of the Keltner Channels.

The Average Type is assumed to be Exponential.
Change XAVG to AVG for a Simple Average Type.
Change XAVG to FAVG for a Front Weighted Average Type.
Change XAVG to HAVG for a Hull Average Type.

## Examples

Keltner Channels with a Period of 20, ATR Multiplier of 1.50 and Average Type of Exponential would use the following formula for the top channel.

XAVG((H + L + C) / 3 + 1.5 * ATR, 20)

The following formula for the bottom channel.

XAVG((H + L + C) / 3 - 1.5 * ATR, 20)

And the following formula for the center line.

XAVG(H + L + C, 20) / 3

## Related Topics

-Bruce
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