Comment on Code your Technical Analysis strategy

iVaibhav commented on 18 Aug 2013, 09:13 AM

Hi Nithin,

I would like to know if a Keltner Channel overlay is available? If not then is their a way I can code it (Create the indicator). I prefer readings of 20 and 2 on Keltner channel.

Calculations:

There are three steps to calculating Keltner Channels. First, select the length for the exponential moving average. Second, choose the time periods for the Average True Range (ATR). Third, choose the multiplier for the Average True Range.
Middle Line: 20-day exponential moving average Upper Channel Line: 20-day EMA + (2 x ATR(10)) Lower Channel Line: 20-day EMA – (2 x ATR(10))

Please suggest how I can chart the above?

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