[RT] Re: ELA for Keltner Channel

["Phil Lane" <patterntrader@xxxxxxxxxx>]

the amazing keltner channel:

Inputs:  Price(typicalprice), MALen(17), Const(1.8);

Variables: CentLine(0), AvgRange(0), Upper(0), Lower(0);

CentLine=Average(Price,MALen);
AvgRange=Average(TrueRange,MALen);
Upper=CentLine+(AvgRange*Const);
Lower=CentLine-(AvgRange*Const);
plot1(CentLine,"CentLine");
plot2(Lower,"Lower");
plot3(Upper,"Upper");

----- Original Message -----
From: <Austowne@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, June 06, 2000 2:38 PM
Subject: [RT] ELA for Keltner Channel


> RT's
>
> Would like to add this study.  Once had it, but somehow managed to erase
it.
>
>
> Thanks to anyone who can help.
>
> Dave Austin
>
>
>