Analysis Techniques & Strategies

Keltner Channel SE (Strategy)

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Input Information

Name Type Default Description
Price Numeric Close Price value to consider for the breakout.
Length Numeric 20 The number of bars used to calculate the Keltner Channel.
NumATRs Numeric 1.5 Multiple of the average true range used to calculate the Keltner Channel band.


Short entry based on prices crossing the lower Keltner Channel band.


Keltner Channel bands appear above and below the market. Prices that are within these bands are said to be 'normal' prices.

A setup is established upon the breakout below the lower Keltner band. Once the breakout has occurred, a sell stop order is placed at the low of the bar on which the breakout occurred minus 1 point.

You can change the number of bars and the multiplier used to calculate the Keltner Channel bands.

Order Name: KltChSE

Related Strategy: Keltner Channel LE

Related Function(s): AverageFC, AvgTrueRange