Keltner channel is a technical analysis indicator showing a central moving average line plus channel lines at a distance above and below. The indicator is named after Chester W. Keltner (1909–1998) who described it in his 1960 book How To Make Money in Commodities . This name was applied by those who heard about it from him, but Keltner called it the ten-day moving average trading rule and indeed made no claim to any originality for the idea.
5-654: Keltner may refer to: People Chester W. Keltner, (1909–1998), grain analyst described what became known as the Keltner channel Dacher Keltner , professor of psychology Howard Keltner (1928–1998), comics creator and indexer Jim Keltner , (b. 1942), session drummer Ken Keltner , (1916–1991), Major League Baseball third baseman Places Keltner, Kentucky , United States Keltner, Missouri , United States Other uses Keltner list , developed by baseball statistician Bill James Topics referred to by
10-413: Is different from Wikidata All article disambiguation pages All disambiguation pages Keltner channel In Keltner's description the center line is a 10-day simple moving average of typical price , where typical price each day is the average of high, low and close, The lines above and below are drawn a distance from that center line, a distance which is the simple moving average of
15-406: The past 10 days' trading ranges (i.e. range high to low on each day). The trading strategy is to regard a close above the upper line as a strong bullish signal, or a close below the lower line as strong bearish sentiment, and buy or sell with the trend accordingly, but perhaps with other indicators to confirm. The origin of this idea is uncertain. Keltner was a Chicago grain trader and perhaps it
20-501: The same term [REDACTED] This disambiguation page lists articles associated with the title Keltner . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Keltner&oldid=908427176 " Categories : Disambiguation pages Disambiguation pages with surname-holder lists Place name disambiguation pages Hidden categories: Short description
25-506: Was common knowledge among traders of the day. Or in the 1930s as a young man, Keltner worked for Ralph Ainsworth (1884–1965) backtesting trading systems submitted when Ainsworth offered a substantial prize for a winning strategy, so it could have been among those. But ideas of channels with fixed widths go back to the earliest days of charting, so perhaps applying some averaging is not an enormous leap in any case. Later authors, such as Linda Bradford Raschke , have published modifications for
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