Name: Keltner channel – smooth ATR – indicator MetaTrader 5
Brand: RobotFX
SKU: 8391
Price: 4.89 USD
Availability: InStock
Rating: 4.3 (67 reviews)

Ketner channel is calculated as SMA (Simple Moving Average) +- ATR (Average True Range)

This version is deviating from that. It allows you to use one of the 4 average types :

simple moving average (SMA)
exponential moving average (EMA)
smoothed moving average (SMMA)
linear weighted moving average (LWMA)

and instead of using “regular” ATR it uses the smooth ATR (which is much smoother and faster from the regular ATR)

Keltner channel – smooth ATR – indicator MetaTrader 5

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