IndicatorsIntermediate
Keltner Channels
A band around a 20-day average, set 2 × the average daily range (ATR) above and below it.
- What it means
- Riding the upper or lower band shows a strong trend; a narrow band shows a quiet market.
- What to watch
- Closes outside the band, and the band narrowing after a long quiet spell.
- How Compass-Alpha uses it
- Background only; not used in any figure on Compass-Alpha.
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MACD
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