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Keltner Channels - signal provider

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This enhanced channel for pro traders visually indicates enhanced entry or exit signal based on the position of the underlying within the channel. Remember: EVERY TREND HAS ITS RETRACEMENTS - with this indicator you will avoid entering in full uptrend (bearing more downside risk than upside) or exiting (shorting) at max downtrend.

To be used together with the trend on higher timeframes (especially for the interpretation of the baseline)

Upper part = potential sell signal (especially in overall downtrends)
Lower part = potential buy signal (especially in overall uptrends)

Basis = potential buy signal (especially in strong uptrends)
= potential sell signal (especially in overall downtrends)

Penafian

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