Keltner Channel bands occur above and below the market. Prices within the bands are considered "normal".<br>
When the breakout is below the lower Kelthen Kelther band, a setup is established. When the breakout appears, a sell stop order is placed at the low of the bar where the breakout appeared minus 1 point.<br>The number of bars and the multiplier used for Keltner Channel bands calculation can be adjusted.