Emke Channel
This is a slightly modified Keltner Channel with 100/200 EMAs.
Based on mean reversion theory that price will be more and more difficult to maintain it's direction the farther it gets from the EMAs.
It uses the security feature to only show the 1D channel.
Based on mean reversion theory that price will be more and more difficult to maintain it's direction the farther it gets from the EMAs.
It uses the security feature to only show the 1D channel.