Keltner Channel is usually calculated as SMA (Simple Moving Average) +- ATR distance for the bands.
In the series of different types of Keltner Channel indicators, here is a version that is adaptive too. In this version, Perry Kaufman’s Adaptive Moving Average (KAMA) is used for calculation, which makes it a good choice whenever the indicator should adjust itself to market conditions automatically.
AMA to KAMA crossover - histogram version -… Theory : In “Adaptive Moving Averages” in this issue, author Vitali Apirine introduces an adaptive moving average (AMA) technique based…
KAMA - indicator MetaTrader 5 The Kaufman Adaptive Moving Average is a version of the adaptive moving average based on the exponentially smoothed moving average…
Keltner channel - indicator MetaTrader 5 Keltner channel indicator with a multiplier and two ways to calculate the boundaries: By averaging the candle body size…
