How To Calculate Keltner Channels And Average True Range Python Code?

28 January 2017, 13:20
Ahmad Hassam
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Average True Range measure the volatility in the market.

Keltner Channels are calculated by drawing bands 2 time Average True Range above and below the Exponential Moving Average.

The period is usually 14. Keltner Channels are just like Bollinger Bands.

You don't need to calculate Average True Range. It is available as a standard indicator on MT4.

However Keltner Channels are not available on MT4.

In this blog post, I have posted python code for calculating Average True Range and Keltner Channels.

First I use numpy for calculating Average True Range.

Then I use pandas for calculating Average True Range and Keltner Channels.


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