Keltner Channel - Forex Forum

Enivid · #1 (**permalink**) 8th February 2011, 15:54

Discuss Keltner Channel indicator (classical technical analysis indicator) in this thread. You can ask any questions about this indicator here.

peterpan · #2 (**permalink**) 7th February 2012, 10:44

How can I adjust this indicator for a 16 ema with a 1.3% deviation

peterpan · #3 (**permalink**) 7th February 2012, 10:49

By the way thank you for making the indicator available!!

Enivid · #4 (**permalink**) 9th February 2012, 09:06

You can modify MA_Period and Mode_MA input parameters to control the moving average. But what is "1.3% deviation" in this case?

mjackson · #5 (**permalink**) 10th February 2012, 06:18

I am not capable to understand what is advantage of having Keltner Channel on chart versus Three(3) MA either simple or exponential (High, Close, Low)? Why Keltner channel guarantee more sucess in trading then those three MAs?

Enivid · #6 (**permalink**) 10th February 2012, 16:27

Because it's different from 3 MAs you can set in MetaTrader. Only the middle line can be set using standard MA. Upper and lower bands can't be simulated with the standard MA.

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