Keltner Channel

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Keltner Channel

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Description

Keltner Channel indicator is based on volatility using a pair of values placed as an "envelope" around the data field.

 

 

Syntax

KeltnerChannel(double offsetMultiplier, int period)
KeltnerChannel(ISeries<double> input, double offsetMultiplier, int period)

 

Returns midline value
KeltnerChannel(double offsetMultiplier, int period)[int barsAgo]
KeltnerChannel(ISeries<double> input, double offsetMultiplier, int period)[int barsAgo]

 

Returns upper band value
KeltnerChannel(double offsetMultiplier, int period).Upper[int barsAgo]
KeltnerChannel(ISeries<double> input, double offsetMultiplier, int period).Upper[int barsAgo]

 

Returns lower band value
KeltnerChannel(double offsetMultiplier, int period).Lower[int barsAgo]
KeltnerChannel(ISeries<double> input, double offsetMultiplier, int period).Lower[int barsAgo]

 

 

Return Value

double; Accessing this method via an index value [int barsAgo] returns the indicator value of the referenced bar.

 

 

Parameters

input

Indicator source data (?)

period

Number of bars used in the calculation

 

 

Examples

ns


// Prints the current upper value of a 20 period KeltnerChannel using default price type
double value = KeltnerChannel(1.5, 20).Upper[0];
Print("The current KeltnerChannel upper value is " + value.ToString());
 
// Prints the current lower value of a 20 period KeltnerChannel using high price type
double value = KeltnerChannel(High, 1.5, 20).Lower[0];
Print("The current KeltnerChannel lower value is " + value.ToString());

 

 

Source Code

You can view this indicator method source code by selecting the menu New > NinjaScript Editor > Indicators within the NinjaTrader Control Center window.