FTB-C000493 / Indicator

Modern Keltner Variant

Modern Keltner Variant centers the channel on an exponential moving average and offsets it by a multiple of Average True Range.

Also known asEMA-ATR Keltner Channel

Definitions

In plain terms

The D07 lesson uses close EMA 20, Wilder ATR 10, and multiplier two as its frozen example.

Technical

The EMA and ATR are independently seeded recursive states whose aligned outputs define the two envelopes.

Scope

Parameters and seed conventions remain implementation choices rather than universal Keltner constants.

Examples

  • A reviewer traces Modern Keltner Variant from aligned inputs through its first-ready row and edge cases before accepting a displayed value.

Common misconceptions

  • Parameters and seed conventions remain implementation choices rather than universal Keltner constants.

Concept relationships

Where this concept is used

Evidence and governance

  1. 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.

Reviewed by
fintech-builder-batch-009
Last reviewed
2026-07-30
Next review
2027-07-30
Record status
published