StockFetcher Forums · Filter Exchange · Keltner Channel based on High and Low prices<< >>Post Follow-up
sanxperez
2 posts
msg #121833
Ignore sanxperez
10/29/2014 1:17:23 PM

Looking for assistance on creating Keltner Channels (middle line only) based (calculated) on the stock High price and Low price.

So the indicator statement calculates the Middle Keltner channel based on the price High and the price Low.

Thanks in advice!

four
5,087 posts
msg #121842
Ignore four
modified
10/29/2014 9:18:21 PM

There are many variations to calculating the Keltner Channel, but generally speaking a moving average (10 or 20-period) of the typical price [(High + Low + Close)/3] is used to construct the midline.

http://www.onlinetradingconcepts.com/TechnicalAnalysis/KeltnerChannel.html

Fetcher[
set{hl, high + low}
set{kmid, hl / 2}
draw cma(kmid,10) on plot close
draw cma(kmid,150) on plot close

sp500
do not draw kmid

]



StockFetcher Forums · Filter Exchange · Keltner Channel based on High and Low prices<< >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2022 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus


This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.