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Questions On Keltner Channel Indicator

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    Questions On Keltner Channel Indicator

    I don't have the paid version of NT so I can't open the source code. I'm assuming that NT uses an SMA? Also, how many time periods of ATR are used?

    Thanks
    Chuck

    #2
    Hello Chuck,

    Thank you for your note.

    The source code is available with the free license from NinjaTrader.
    You are most likely using a free license from your broker, which limits features.

    You can obtain the free NinjaTrader license from the download page here: http://www.ninjatrader.com/webnew/do...g_software.htm
    Ray S.NinjaTrader Customer Service

    Comment


      #3
      Originally posted by NinjaTrader_RJStein View Post
      Hello Chuck,

      Thank you for your note.

      The source code is available with the free license from NinjaTrader.
      You are most likely using a free license from your broker, which limits features.

      You can obtain the free NinjaTrader license from the download page here: http://www.ninjatrader.com/webnew/do...g_software.htm
      Thanks RJ. I will do that but can you please answer my questions? Is an SMA used? Also, what time period ATR does NT use?

      Regards
      Chuck
      Last edited by maxreturn; 08-03-2009, 12:22 PM.

      Comment


        #4
        Originally posted by maxreturn View Post
        Thanks RJ. I will do that but can you please answer my questions? Is an SMA used? Also, what time period ATR does NT use?

        Regards
        Chuck
        The midline is a standard moving average with the upper and lower bands offset by the SMA of the difference between the high and low of the previous bars. The offset multiplier as well as the SMA period is configurable.

        Again, the code will be able to provide more information. You can access it by going to Tools --> Edit NinjaScript --> Indicator --> KeltnerChannel.
        Ray S.NinjaTrader Customer Service

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