Discuss Keltner Channel indicator (classical technical analysis indicator) in this thread. You can ask any questions about this indicator here.
Keltner Channel
- Thread starter Enivid
- Start date
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You can modify MA_Period and Mode_MA input parameters to control the moving average. But what is "1.3% deviation" in this case?
M
mjackson
Guest
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?
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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