Theory:
The Keltner Channel is a popular technical indicator that combines the Simple Moving Average (SMA) with the Average True Range (ATR) multiplied by a specific factor. In this version, we’re focusing on the intra-day ATR, which you can learn more about here.
Usage:
You can utilize the Keltner Channel just like the standard version. It’s a versatile tool that helps you identify potential entry and exit points in the market.
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