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Multiple people appear to have coded Keltner Channels within their product install, so it would appear to be a useful addition. The ability to overlay price charts with a Keltner Channel would be very useful to me and likely others. Variables would include the channel widths, etc. with increments in standard deviations, ATR, etc. A great description (reference) is available at: http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:keltner_channels Thanks.
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Hi,
The Realtime version did have this added, but it is not currently included in the D/C (End-of-Day) version. I'll check into why this was done, but here's the formula if needed:
{Keltner Channels}
x:=Input("Number of Periods", 2,500,21);
Mov((H+L+C)/3,x,S);
Mov((H+L+C)/3,x,S) + Mov((H-L),x,S);
Mov((H+L+C)/3,x,S) - Mov((H-L),x,S);
Edited by user Tuesday, April 18, 2017 3:40:37 PM(UTC)
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 1 user thanked MS Support for this useful post.
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Rank: Newbie
Groups: Registered, Registered Users
Joined: 2/1/2011(UTC)
Posts: 8
Location: Houston, Texas ... NE area
Thanks: 1 times
Was thanked: 1 time(s) in 1 post(s)
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Thank you. I appreciate the code, though I will be learning how to utilize it before implementation.
I recently attended an investing class that used Keltner Channels extensively, along with EMA 50 & EMA 100. I had hoped to utilize MetaStock, thus simplify my early morning Watch List review.
Yes - I have MetaStock 15 EOD ... and I would really love Keltner Channels added with the ability to tweak the variables.
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