Keltner Channel
Chester Keltner · ATR channel
What it measures
Much like Bollinger Bands, except the width comes from **actual trading range (ATR)** rather than standard deviation. That makes it better at catching the moment a trend takes hold.
How TickTurn reads it
Price outside the upper band counts bullish, outside the lower band bearish. Inside the channel, within 0.5% of the midline counts neutral; further out, it counts toward whichever side it has left.
That judgement is made on closed daily bars only; a bar still in progress is left out, because including it makes the same symbol change its answer within the day. On the result screen this indicator holds one vote out of 21.
It is not an answer on its own
If one indicator could call tomorrow, everyone would use only that one. TickTurn asks 21 of them together not because any single one is trusted, but to show plainly where they disagree. Even the combined score, measured against the right baseline, came out only a shade better than chance — the scoring is written up in how we tested.