Keltner Channel Indicator
Like the Bollinger Bands indicator, the Keltner Channel draws the channel of price movements relative to the central EMA line. However, unlike the BB channel, the Keltner Channel indicator doesn’t widen following the price. So, the price can go beyond the Keltner Channel, thereby indicating the trend exhaustion. Read more about Forex trading with the Keltner Channel in this article.
Forex trading with the Keltner Channel indicator
Channel trading strategies are based on market psychology. The price is in the channel about 80% of the time, moving to its borders on both sides but somehow returning to the middle, that… Read full author’s opinion and review in blog of #LiteForex
Leave a Comment