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I seek a formula by which I can plot Keltner Channels as popularised by Linda Rascke. She puts Keltner channels set at 2.5 times the 20-day EMA daily range, centered around the 20-period EMA. Any suggestions would be appreciated.
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Rank: Advanced Member
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I believe Linda Raschke version of the Keltner channels formula was :
MOV(C,20,E);
MOV(C,20,E)+(ATR(10)*2.5);
MOV(C,20,E)-(ATR(10)*2.5);
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Rank: Newbie
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Thank you Patrick for your assistance
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