Description
Keltner Channel indicator is based on volatility using a pair of values placed as an "envelope" around the data field.
Syntax
KeltnerChannel(double offsetMultiplier, int period)
KeltnerChannel(ISeries<double> input, double offsetMultiplier, int period)
Returns midline value
KeltnerChannel(double offsetMultiplier, int period)[int barsAgo]
KeltnerChannel(ISeries<double> input, double offsetMultiplier, int period)[int barsAgo]
Returns upper band value
KeltnerChannel(double offsetMultiplier, int period).Upper[int barsAgo]
KeltnerChannel(ISeries<double> input, double offsetMultiplier, int period).Upper[int barsAgo]
Returns lower band value
KeltnerChannel(double offsetMultiplier, int period).Lower[int barsAgo]
KeltnerChannel(ISeries<double> input, double offsetMultiplier, int period).Lower[int barsAgo]
Return Value
double; Accessing this method via an index value [int barsAgo] returns the indicator value of the referenced bar.
Parameters
| Parameter | Description |
|---|---|
| input | Indicator source data (Series<T>) |
| period | Number of bars used in the calculation |
Examples
// Prints the current upper value of a 20 period KeltnerChannel using default price type
double value = KeltnerChannel(1.5, 20).Upper[0];
Print("The current KeltnerChannel upper value is " + value.ToString());
// Prints the current lower value of a 20 period KeltnerChannel using high price type
double value = KeltnerChannel(High, 1.5, 20).Lower[0];
Print("The current KeltnerChannel lower value is " + value.ToString());
Source Code
You can view this indicator method source code by selecting the menu New > NinjaScript Editor > Indicators within the NinjaTrader Control Center window.