Smart Keltner
Keltner Channel is an indicator developed by the Chester Keltner and it consists of 3 lines, one is a moving average and the others are 2 are usually set two time the ATR above and below the first one (the moving average). We built the Smart Keltner indicator in order to give you the opportunity to have 2 customizable channels instead of just 2 simple lines, the one from above the moving average and the one from below.
Available platforms: TradingView, NinjaTrader 8
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You will also find a few more options built in the Smart Keltner indicator:
- Three different methods used for the deviation calculation: Range percent, ATR and Standard Deviation
- The possibility to have the zone between the upper/ lower extremes shaded
- Different painting colors of the indicator’s plot, depending on the current trend
- Multiple types of painting, once a candle closes within/ beyond an extreme (bars paint, background paint)
- A large variety of signal and alerts: Sound alerts, Email alert, Twitter alert, Pop-up message alert etc.