Thread: Keltner Channel
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Old 03-23-2009, 01:03 PM
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Quote:
Originally Posted by fxbs View Post
for yor pict (&anyone who wish to answer)
I was trying to understand WTH kerdoskopos wants:
Quote:
I want an indicator with a simple use of atr:high+0.30*atr(21) (green colour)
low-0.30*atr(21) (red colour) without moving averages etc
High/Low of??? any candle? a period?
0.30 is?? pips/percent/?

He discarded previous links so, I have to assume some HH or LL for some period. No moving averages. Ok, no moving averages.

Question is completely ambiguous and needs to be corrected/translated to traders language.
I donīt know why I've post a reply with the indicator. Maybe because we have the duty to help newbies.

On the indicator just hide the upper and lower channel and keep borders. HH/LL with ATR dev.
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