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Re: Keltner Channels



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Here is the ela file and the code below if you need that.

Philip

Inputs: Price(Close),MALen(20),Const(2.5);
Vars: CentLine(0), AvgRange(0), Upper(0), Lower(0);

CentLine=XAverage(Price,MALen);
AvgRange=XAverage(TrueRange,MALen);
Upper=CentLine+(AvgRange*Const);
Lower=CentLine-(AvgRange*Const);

Plot1(CentLine,"CentLine");
Plot2(Upper,"Upper");
Plot3(Lower,"Lower");


----------
> From: Steve McGuire <netvest@xxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: Keltner Channels
> Date: 27 October 1998 17:58
> 
> Does anyone know how to calculate Keltner Channels? ELA formula would be
> great if available.
> 
> Thanks
Attachment Converted: "c:\eudora\attach\Keltner1.ela"