King Keltner Trading Strategy

King Keltner is based on a moving average system first devised by Chester Keltner in 1960. The main indicator is a moving average calculation. The King Keltner strategy expands on the original strategy with the theory that a change in trend is signaled when the market moves abruptly away from its moving average. A buy signal is the market penetrating the upper band and a sell occurs when the market penetrates the bottom band. The strategy can be summarized with the following: buy on strength and sell on weakness. The system uses a liquidation stop at the moving average to protect against a failed breakout. The King Keltner system is a long term approach, short term profits not the goal.

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Tags: Keltner, Liquidation Stop, Long Term, Moving Average