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inno14

Keltner Channel %K

inno14  
Trend Analysis
86
1
trendanalysis
Indicator display where price is in relation to the bands of Keltner Channel (20,2)

A. Keltner Channe Info
1. Basis = EMA(close,20)
2. Upper Band = Basis + 2 x ATR(14)
3. Lower Band = Basis - 2 x ATR(14)

B. %K Info
1. %K Above 1 = Price is Above the Upper Band
2. %K Below 0 = Price is Below the Lower Band
3. %K Above 0.8 = Price is Nearing the Upper Band
4. %K Below 0.2 = Price is Nearing the Lower Band
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