Quote:
Originally Posted by VulcanClassic
Hi Tymen,
What do the Keltner locations signify ?
Also, is there a particular timeframe that vectoring works on best ?
Happy Easter Everybody
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If I understand Tymen correctly, using the 5 minute chart, this is what happens with the price with these conditions. The table didn't turn out right in the post but I think you can get the point.
HTML Code:
[b]Bollinger Band MACD Keltner Channel Price[/b]
Up Up Upper Up
Down Down Lower Down
Up Down Middle Level
Down Up Middle Level
Level Up Above Middle Slightly up
Level Down Below Middle Slightly down
Up Level Above Middle Slightly up
Down Level Below Middle Slightly down