A Keltner Channel Variant Using Smoothed ATR and Flexible Averages

Summary

The document outlines a Keltner Channel variant that replaces the standard calculation with a choice of four center-line averages: simple, exponential, smoothed, or linearly weighted. It also substitutes a smoothed Average True Range for regular ATR, presenting the result as a smoother and faster-moving volatility measure. The basic concept remains a moving average with ATR-based bands, while the selected average type and range calculation change the channel’s responsiveness.

The text gives no parameter settings, equations for the smoothed ATR, chart examples, or performance evidence. It also does not define what “faster” means or show how the variants behave across instruments and market conditions. Traders would need to specify the calculation details and test the indicator before relying on it for signals.

Key ideas

• The channel centers on one of four moving-average types.
• Its bands use smoothed ATR instead of regular ATR.
• The document characterizes smoothed ATR as smoother and faster but provides no supporting comparison.
• No parameters, signal rules, or trading results are supplied.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.