|
Description |
Keltner() returns a Keltner Channels center line. |
|
|
Syntax |
|
|
|
Parameters |
|
|
|
Return Value |
A Keltner Channel center line. |
|
|
Examples |
KELTNER_EX1(SERIES,PERIOD=9,MULT=12)=KELTNER(SERIES,PERIOD,MULT)
KELTNER_EX2(INPUT,PERIOD=9,MULT=12)=KELTNER(INPUT,PERIOD,MULT) |
|
|
Comments |
The Keltner centerline is a moving average of the specified period (for the study function, a simple moving average is always used). The upper and lower channel lines are the centerline plus and minus a scale factor times the modified moving average of true range. To obtain the upper channel line, specify a positive multiplier; to obtain the lower line, specify a negative multiplier. Note that since the true range is used, the data series must be an unqualified instrument name. |