Discover and read the best of Twitter Threads about #Keltner
Most recents (2)
Chester W. Keltner (1909-1998) was a Chicago grain trader. He worked with successful traders who back-tested trading systems. He talked about Ten-Day Moving average trading rule in his book 'How to Make Money in Commodities' in 1960.
He did not claim that he invented the strategy so origin of this idea is uncertain. But people started referring it as Keltner channel after the book.
There are two versions of Keltner channel. First is explained by Keltner in his book, and the other one is a modified version.
There are two versions of Keltner channel. First is explained by Keltner in his book, and the other one is a modified version.
#Bollingerbands (Threads to understand & It's actual use)
( Practical use)
*We all know that #BB is give us volatility of stock.
* It works on standard deviation principle
* Price always wave between Upper and Lower band.
( Practical use)
*We all know that #BB is give us volatility of stock.
* It works on standard deviation principle
* Price always wave between Upper and Lower band.
* It is always said that use #volatility contraction .
*After Volatility contraction price , move in quicker way.
* To identify this #volatility contraction, we use #BB
Examples show that round is volatility contraction. Price stuck in range and volatility is cooled off.
*After Volatility contraction price , move in quicker way.
* To identify this #volatility contraction, we use #BB
Examples show that round is volatility contraction. Price stuck in range and volatility is cooled off.
but , how to identify that volatility is really contracted?
many false signal will be generated.
So here is the secret.
Dont just trap in just #Bollingerbands
I am sharing secret to use it with #ketlner Channel
many false signal will be generated.
So here is the secret.
Dont just trap in just #Bollingerbands
I am sharing secret to use it with #ketlner Channel
