1 The Story
A modest idea that took his name
Chester Keltner described a simple ten-day moving-average trading band in 1960 — and explicitly claimed no originality for it. Others later named the modern channel after him.
Keltner was a Chicago grain trader and author. In his 1960 book How To Make Money in Commodities he laid out what he called the “ten-day moving average trading rule” — a band around an average. Decades later, Linda Raschke popularised a modern version using an EMA midline and bands based on ATR, and the tool became known as the Keltner Channel.1
2 The Big Idea
What they gave the markets
A band around a moving average — the seed of a volatility channel.
Keltner’s original was a simple average with a band; the enduring contribution was the framing that later became an ATR-based channel.1
3 The Method & Contribution
What he originated
4 See It On This Site
Go deeper
On this site
Our Keltner & Supertrend deep dive covers the modern ATR channel, the Bollinger comparison, and honest limits.
5 The Work
How To Make Money in Commodities
How To Make Money in Commodities
Chester W. Keltner · 1960- Introduced the moving-average band that became the Keltner Channel.
- A practical commodities trading manual of its era.
6 Read More
Go deeper
§ Sources
- Chester W. Keltner & the Keltner channel (1960) — Wikipedia.