Indicator comparison

Bollinger Bands vs Keltner Channels

Bollinger Bands react to standard deviation; Keltner Channels use ATR around an EMA.

Indicators compared

• Bollinger Bands: Volatility bands around a moving average for expansion and stretch context.
• Keltner Channels: ATR-based channels around an EMA for envelope and volatility context.

Common mistakes

• Treating either indicator as a full trading system
• Stacking duplicate signals
• Skipping timeframe fit checks

Use the comparison for educational TradingView workspace planning, not trading advice.