ClearPath Trader

Keltner Channels

EMA midline with ATR-based bands. Similar use-case to Bollinger but volatility scaled by ATR instead of standard deviation.

Category: Volatility · Complexity: ★★☆☆☆ (2/5)

Tags: volatility, live-overlay, volatility

Live chart overlay: KC

Keltner Channels chart illustration

Formula

Middle = EMA(n); bands = Middle ± m·ATR

How to read

ATR-scaled envelope. Closes outside can mark trend thrust; fades toward the EMA in quiet markets.

Limitations

Multiplier choice changes everything. Not a volume tool.

Typical settings

EMA 20, ATR 10 × 2

Keltner Channels is part of the ClearPath Encyclopedia of Indicators — 190 models explained with standard SVG illustrations, so you can study an indicator before you put it on a live chart.

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