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Aggie George  
#1 Posted : Saturday, April 15, 2017 2:59:51 PM(UTC)
Aggie George

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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.

MS Support  
#2 Posted : Tuesday, April 18, 2017 3:39:56 PM(UTC)
MS Support

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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)  | Reason: Not specified

thanks 1 user thanked MS Support for this useful post.
Aggie George on 4/19/2017(UTC)
Aggie George  
#3 Posted : Wednesday, April 19, 2017 3:18:34 PM(UTC)
Aggie George

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Location: Houston, Texas ... NE area

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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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