Screening with the Keltner Channel

Technical Investment Methods - Analyzing market trends with technical methods. 

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Subject Author Date Screening with the Keltner Channel ChartFilter 09-19-2006  Re: Screening with the Keltner Channel BrunoR 09-20-2006
Posted by ChartFilter on September 19, 2006, 3:37 pm Overview The Keltner Channel is a band or envelope indicator which is made up of two bands plotted around an Exponential Moving Average (EMA), usually the 20-day EMA. The Keltner Channel is based on the Average True Range and can be used in place of standard deviation (Bollinger) bands or percentage envelopes (moving average envelopes). The main signals given by the Keltner Channel are similar to other band indicators (price crosses center, price crosses outerband) and it is considered a trend following system. Since the Keltner Channel is a trend following system, it is important to understand the innate weakness that the Keltner Channel and other band/trend following systems have. Trend following systems work best in trending markets and tend to fail in sideways or indecisive markets because they are not meant to catch "tops and bottoms." Read more: http://www.chartfilter.com/newsletter/nl30/nl30.htm For more technical analysis indicators see: http://www.chartfilter.com/indicators.htm For video's on strategies and how-to guides see: http://www.chartfilter.com/video.htm Subscribe to our monthly technical analysis educational newsletter, an excellent resource for the traders. Sign up here: http://www.chartfilter.com/archivednewsletter.htm Technical and Fundamental stock screener Includes a full technical report, Standard and Poor's balance sheet, intra-day charting and company profiles. Also with over 100 PreScreens! This combination of features makes our stock screener the most powerful screener available. Features: http://www.chartfilter.com/screenerfeatures.htm Need software? Our charts feature buy/sell signals for every support indicator, value tracking for both price and indicator charts, screen with price and volume ratio's, set daily alert combinations, technical and fundamental screener, portfolio manager and fundamentals. Features: http://www.chartfilter.com/toolsfeatures2.htm http://www.chartfilter.com Technical Analysis Education and Stock Tools Posted by BrunoR on September 20, 2006, 9:52 am Therein lies the problem; It's as good as any other method!!! ChartFilter wrote: > Trend following systems work best in > trending markets and tend to fail in sideways or indecisive markets > because they are not meant to catch "tops and bottoms." Similar Threads Posted Trade using Keltner Channels August 21, 2007, 1:03 pm Commodity Channel Index October 14, 2005, 11:35 pm Commodity Channel Index August 15, 2007, 10:11 am The QQQQ is forming a new falling channel June 29, 2008, 3:26 pm Learn how to trade with the Commodity Channel Index (CCI) August 31, 2007, 9:42 am The QQQQ is near the falling channel resistance line March 23, 2008, 6:07 pm QQQQ may reach the channel resistance level near 49.6 May 11, 2008, 8:12 pm QQQQ is retesting the rising channel support June 1, 2008, 4:57 pm CHANNEL PARTNER LOOKOUT FOR KAYCEE GROUP IN INDIA January 11, 2007, 11:18 pm Graphical chart patterns screening October 21, 2006, 6:34 am