Definitions
In plain terms
A close revision can alter the center path, while OHLC and previous-close effects can alter the ATR path.
Technical
Each state has its own seed and decay factor, and neither has one exact finite expiry row under the modern variant.
Scope
Matching only the last envelope value can hide which recursive component first diverged.
Examples
- A reviewer traces Keltner Dual Recursive Memory from aligned inputs through its first-ready row and edge cases before accepting a displayed value.
Common misconceptions
- Matching only the last envelope value can hide which recursive component first diverged.
Concept relationships
Related
Contrasts with
Where this concept is used
Evidence and governance
- Keltner Channels TradingView · official platform documentation
Supports: preferred label, short definition, technical definition
Limits: The platform example does not prescribe universal seeds, periods, contact meaning, or predictive performance.
- TA-Lib Average True Range Reference Implementation TA-Lib · first party technical publication
Supports: preferred label, short definition, technical definition
Limits: TA-Lib readiness follows its own unavailable-first-TR convention and therefore differs from the local alignment.
- Reviewed by
- fintech-builder-batch-009
- Last reviewed
- 2026-07-30
- Next review
- 2027-07-30
- Record status
- published