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JMA + Keltner Band
Two popular bands around price action are the Keltner Band and Bollinger Band. Their difference is that Keltner band width is an average of true range and Bollinger is based on standard deviation of true range. This chart shows a Keltner Band and JMA crossing paths. Bands allow more sophisticated analysis than mere crossover moving averages. Note the absence of either blue or red lines in certain places. Trading logic can be set up to stay out of the market in these regions. |
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