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  • Keltner ATR

    How do I edit the EFS to have the Keltner Channels calculate the following paragraph?

    Keltner Channels are a form of trading bands plotted directly on top of a price chart, as opposed to beneath the price chart as in the case of an oscillator or volume. The bands are based on an ATR function centered around a moving average. We use a value of 2.5 ATRs added to and subtracted from a 20-period exponential moving average to create our bands.
    If anyone is farmilar with the settings, you may have gotten it from the same site as I did looking under the FAQ of their site.

    Thanks if anyone can help this EFS illiterate trader.
    Attached Files

  • #2
    crotch_rocket
    If you go to this thread you can find a basicmachannel.efs that can be easily turned into a Keltner channel by modifying the parameters in Edit Studies (no need to edit the efs itself)
    Hope this helps
    Alex

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    • #3
      , thanks


      works just fine.

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