Keltner Channels is a technical analysis tool that helps traders identify potential breakouts and trends in the market. It consists of three lines - an upper band, a middle line, and a lower band.To use Keltner Channels, you need to understand the following:Calculation: Keltner Channels are calculated using the average true range (ATR) indicator.

The Stochastic Oscillator is a widely used technical analysis tool in the trading world, particularly for scalpers. It helps traders identify potential entry and exit points by measuring the momentum and speed of price movements.The Stochastic Oscillator consists of two lines: %K and %D. The %K line represents the current closing price relative to the range of prices over a specific period, usually 14 periods. The %D line is a moving average of the %K line, typically a 3-period moving average.

The Percentage Price Oscillator (PPO) is a technical indicator used in trading to measure and track the momentum of a security's price movement. It is a derivative of the more popular Moving Average Convergence Divergence (MACD) indicator and is used by traders to identify potential buy and sell signals.The PPO calculates the difference between two moving averages of a security's price and expresses it as a percentage.

The Elder-Ray Index is a technical analysis indicator used in trading and investment strategies to identify the strength of a market trend. It was developed by Alexander Elder and is based on the concept of the Bulls Power and Bears Power.The Elder-Ray Index consists of two components: the Bull Power and the Bear Power. Bull Power measures the buying pressure in the market, while Bear Power measures the selling pressure. Together, they provide a comprehensive view of market momentum.

Parabolic SAR, also known as Stop and Reverse, is a technical analysis tool used by traders to determine potential trend reversals in the price movement of an asset. It was developed by Welles Wilder and aims to provide entry and exit points for traders.The Parabolic SAR indicator consists of a series of dots placed above or below the price on a chart. These dots help to identify the direction in which the price is trending.

The Moving Average Convergence Divergence (MACD) is a popular technical analysis indicator used by traders to identify potential buy and sell signals in the market. It is a trend-following momentum indicator that shows the relationship between two moving averages of an asset's price.The MACD indicator consists of two lines: the MACD line and the signal line. The MACD line is created by subtracting the 26-day exponential moving average (EMA) from the 12-day EMA.

The Percentage Price Oscillator (PPO) is a technical analysis indicator that measures the momentum of a security by comparing its short-term and long-term moving averages. It is a variation of the more widely used Moving Average Convergence Divergence (MACD) indicator.

Exponential Moving Average (EMA) is a commonly used technical indicator in trading, especially for scalping strategies. Unlike the Simple Moving Average (SMA), EMA gives more weight to recent price data, making it more sensitive to short-term price fluctuations.EMA is calculated using a formula that considers a specified number of periods and the current price data. The EMA calculation gives more importance to recent data points, while gradually decreasing the weight of older data points.

The Typical Price is a technical indicator commonly used in trading to assess the average price of an asset over a given time period. It is calculated by dividing the sum of the high, low, and closing prices by three.Traders utilize the Typical Price to gauge the overall trend and determine potential entry or exit points in the market. By incorporating the average price, it provides a more accurate representation of the asset's value, as opposed to relying solely on the closing price.

The Average Directional Index (ADX) is a technical indicator used to determine the strength and direction of a market trend. It is calculated using a series of mathematical formulas.The first step in calculating the ADX is to determine the Directional Movement. This involves calculating the True Range (TR), which measures the volatility of price movements.