Keltner Channel with EMA

[Jfranco_2003]

Hi, how I can configure or make a Keltner Channel with EMA? I just found one in the forum but the EMA of the Keltner isn't exactly equal than the NT8 EMA. If someone have a script add on of this, or can teach me how to change the original Keltner please response me. Thanks!

[NinjaTrader_JoshG]

Hello Jfranco_2003,
Thanks for your post.

Do you simply want to swap out the SMA calculation for an EMA calculation?

[Jfranco_2003]

Yes, I want that the Keltner Channel be calculated with EMA no with SMA

[NinjaTrader_JoshG]

Jfranco_2003,

You can simply switch out the SMA method for EMA methods. Please see the following link for more information on the EMA method.

https://ninjatrader.com/support/helpGuides/nt8/en-us/?moving_average_-_exponential_e.htm

.
As this is very simple I will go ahead and post a Keltner Channel that is based on an EMA instead of an SMA. I suggest comparing this to the original so that you can better see what was changed.

To Import:

1. Download the NinjaScripts to your desktop, keep them in the compressed .zip file.
2. From the Control Center window select the menu Tools > Import > NinjaScript Add-on...
3. Select the downloaded .zip file
4. NinjaTrader will then confirm if the import has been successful.

[Jfranco_2003]

Thanks you!!!!!