Keltner Bands

[efrank]

Can anyone help me with the following:
The Keltner EMA Bands as found in the Library folder offers a variable of Length.
This is the center line. The two outer bands have a default setting. I am trying to determine the multiple of the ATR that they are set to. ie 1.5-2.0x etc.
thanks for your help

[ACM]

Re: Keltner Bands

efrank
As I indicated in my reply to you in this thread the study you are referring to does not use the ATR to calculate the bands.
These are based on a simple moving average of the range which is then added and subtracted to the basis line without using any multiplier.
If you are looking for a Keltner study that uses the ATR and a multiplier then use the KeltnerAtrEmaAdj.efs which is available here
Alex

Originally posted by efrank
Can anyone help me with the following:
The Keltner EMA Bands as found in the Library folder offers a variable of Length.
This is the center line. The two outer bands have a default setting. I am trying to determine the multiple of the ATR that they are set to. ie 1.5-2.0x etc.
thanks for your help