Yes, they are called Keltner channels. The default setting is
1.5 ATR, while using 1, 2, and 3 ATRs is my preference (all three).
/NG is following the 3 ATR down, by the way.
The middle line is 20EMA, which is a major EMA. I use 21EMA,
which works a bit better and is a Fib number. Below 20 and 21 EMA
is bearish, above 21 EMA is bullish.
Usage is shown on the screenshot below. The middle line is
depicted as a dotted line.
So unless I hear otherwise, I'll just assume my guesses on
howthese Keltner Channels are used / implied in the KISS
tables and in the 4 cycles are correct.
Yes, they are called Keltner
Noob questions on ATR use in KISS and cycles: On ...
Posted by junkie on 1st of Feb 2023 at 07:19 pm
Yes, they are called Keltner channels. The default setting is 1.5 ATR, while using 1, 2, and 3 ATRs is my preference (all three). /NG is following the 3 ATR down, by the way.
The middle line is 20EMA, which is a major EMA. I use 21EMA, which works a bit better and is a Fib number. Below 20 and 21 EMA is bearish, above 21 EMA is bullish.
Usage is shown on the screenshot below. The middle line is depicted as a dotted line.
Thanks junkie! Very helpful. So unless
Posted by zaphod on 2nd of Feb 2023 at 12:08 am
Thanks junkie! Very helpful.
So unless I hear otherwise, I'll just assume my guesses on howthese Keltner Channels are used / implied in the KISS tables and in the 4 cycles are correct.
Yes, correct. The same principle
Posted by junkie on 2nd of Feb 2023 at 12:31 am
Yes, correct. The same principle is used. A trailing stop is ratcheted up or down, while a moving average is a smooth line. That is the difference.