By: rapidtips On: April 11, 2019 In: Comments: 0

Keltner Channel Indicator

A Keltner channel is a technical Indicator consist of three separate lines which is based on volatility. Out of these three lines the middle one is an EMA – Exponential Moving Average of the price and another two lines are placed above and below the EMA. In which, the upper band is set at two times the Average True Range (ATR) above the EMA, and lower band is set at two times the ATR below the EMA.