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Keltner Channel

EMA20-based trend detection
ATR-based volatility channel construction
Upper = EMA20 + 2.5×ATR
Lower = EMA20 − 2.5×ATR
Measures breakout strength vs volatility expansion
Interpretation
🟢 Strong trend = % Above EMA high 🟡 Neutral = inside channel 🔴 Weak = below EMA compression
Default Chart
Auto-loads S&P500 Keltner structure
Ticker Close EMA20 Upper Lower % Above EMA ATR % Days Above EMA
AMPG 8.49 5.69 7.61 3.77 49.2 9.04 30
TNGX 30.94 25.1 30.85 19.34 23.29 7.44 5
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