Keltner channels versus Bollinger Bands: which do you prefer?

Both draw bands around price, but Keltner uses average true range while Bollinger uses standard deviation — one measures typical range, the other statistical stretch. The choice changes which extremes you fade.

Which do you trade?

• the band you prefer and why
• how the two signal differently in squeezes
• the strategy built on your chosen band

The Bollinger guide and ATR guide cover the two constructions.