Keltner Channels: A Different View of Volatility

Keltner Channels usually use an exponential moving average as the center line and ATR-based bands around it.

They help visualize price relative to a volatility-adjusted channel.

Some traders use them to study trend continuation, pullbacks, or changes in volatility.

But a move outside the channel doesn't guarantee a breakout, and a move back inside doesn't automatically signal a reversal.

I look at whether price is trending, ranging, or reacting to a major level.

The channel is a reference—not a complete trading system.