Technical Indicators
Dukascopy Bank SA


Dukascopy Bank SA
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Keltner Channel

Created by Chester Keltner in the 1960s. This indicator is similar to Bollinger Bands, but uses volatility to set the bands, instead of standard deviation by Bollinger Bands. This means Bollinger Bands are more smooth but the Keltner Channel is more sensitive.


The most important events are the moves outside of the normal range indicated by the channel.

If the price breaches the upper line it indicates an upward trend.
If the price breaches down through the lower line it indicates an downward trend.


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))

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