Keltner Channel

What Does Keltner Channel Mean?
A volatility based 'envelope' indicator that measures the movement of stocks in relation to an upper and lower moving-average band.

Keltner Channel
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.

Kagi Chart Kicker Pattern

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