Definitions
In plain terms
For the symmetric modern variant it equals twice the multiplier times ATR and does not depend algebraically on the EMA level.
Technical
Width is ready with both envelopes and inherits the ATR path, units, seed, and quote-scale dependence.
Scope
It is not normalized across instruments unless an additional denominator is declared.
Formula
Keltner width = upper - lower = 2 * multiplier * ATRW_t=U_t-L_t=2k\,ATR_t| Symbol | Meaning | Unit |
|---|---|---|
U_t | upper Keltner envelope | price units |
L_t | lower Keltner envelope | price units |
k | range multiplier | ratio |
ATR_t | current Average True Range | price units |
Output unit: price units
Examples
- A reviewer traces Keltner Full Channel Width from aligned inputs through its first-ready row and edge cases before accepting a displayed value.
Common misconceptions
- It is not normalized across instruments unless an additional denominator is declared.
Concept relationships
Where this concept is used
Evidence and governance
- Keltner Channels TradingView · official platform documentation
Supports: preferred label, short definition, technical definition, formula
Limits: The platform example does not prescribe universal seeds, periods, contact meaning, or predictive performance.
- Reviewed by
- fintech-builder-batch-009
- Last reviewed
- 2026-07-30
- Next review
- 2027-07-30
- Record status
- published