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Chart of the day: Why it’s been hard to trade stocks

by | Apr 10, 2017 | Chart of the Day | 8 comments

  • Tom

    Is that Keltner channel or Bollinger band? can I use Bollinger since I don’t have Keltner at my platform? I’ve been using only 20 EMA so far but I’d like to set keltner or Bollinger to get also perspective to view free bars and potential climax or just oversold/overbought conditions.

    • Evgeny

      Keltner channel exists in all trading platforms, look in indicator. If you want same width you must insert in parameter “Multiplier” =2.25.

      • Tom

        Well, I’m using Oanda’s platform fxTrade and it does have only BB unfortunately

        • Evgeny

          Sorry, i`am never used FX platform only stock and futures. But for week/day data analyze you can use same different platform (ex. tradingview or ninja trader). And after trade your idea on your broker platform.

    • Mark Bray

      Tom, I believe Keltner channel is the same as Starc bands, if your platform has that.

      • Mark Bray

        I just tested this, and yes, Keltner and Starc are exactly the same.

        • TOM

          Perfect, I’ve got Starc, what kind of setting are you guys using? I need to set SMA, number of ATR periods and multiplier. Thank you

          • Permabear Hunter

            I generally go with 20 MA, 20 ATR periods, and 2.25x multiplier.