Keltner Channels Explained: Calculation, Settings, vs Bollinger

Illustrative chart for the article "Keltner Channels Explained: Calculation, Settings, vs Bollinger"

Put Keltner Channels and Bollinger Bands on the same chart and they often look almost identical: a middle line with an envelope above and below. Then a single large candle prints, and the two react completely differently. Bollinger Bands balloon outward; the Keltner Channel barely widens. That difference is the whole reason to know both, … Read more