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Keltner Channel

   Also found in: Wikipedia 0.15 sec.
Keltner Channel
A volatility based 'envelope' indicator that measures the movement of stocks in relation to an upper and lower moving-average band.

Notes:
This indicator, named after Chester W. Keltner, is used by sophisticated investors to predict the trend of the market. An overbuy occurs when prices move above the upper band, and an oversell occurs when prices move below the lower band.


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Eighteen (18) Available Studies: With the addition of GANN Lines and Keltner Channels, the number of available studies now totals 18, including Fibonacci Retracement and Projection, Bollinger Bands, MACD, and more.
 
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