• Registered: 2010-06-25
  • Posts: 36

Topic: Keltner Channels

Hi all,
In the Keltner channel drop down menu, where you select the logic for entering the market, it says " The bar opens below the upper band after opening above it" Uh? It should says "The bar closes below the upper band after opening above it". also it is wrong for "opens above after opening below it"
i4xtoo

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  • footon
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  • Registered: 2009-08-17
  • Posts: 2,969

Re: Keltner Channels

It's right, as it checks the opening prices.
http://s3.postimage.org/154gwqhxg/image.jpg

The red line marks the opening point, firstly above, then below, and position is opened.

  • Registered: 2010-06-25
  • Posts: 36

Re: Keltner Channels

OK, but it says "the bar (singular) opens below the upper band after opening above it" .Same bar can't open above and below at the same time. IMHO it is confusing, but thanks anyway
i4xtoo