This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow...
Use the synchronization of the 3 lines Basis, Upper, Lower to calculate whether the trend will continue or not. 1. Color the 3 lines Basis, Upper, Lower of the Keltner channel - If the value of 3 Basis, Upper, and Lower lines in front of a candle increases, fill in green. - If the value of 3 Basis, Upper, and Lower lines in front of one candle decreases, color in...
This is momentum based indicator Input 1. Two EMA 2. Stochastic Thought process 1. Difference between fast and slow ema has a oscillating nature. 2. Stochastic %k %d crossover gives early signals 3. early entry gives low risk high reward setup Calculation 1. A= EMA (fast) - EMA (slow) 2. B =Stochastic(%K)-Stochastic(%D) When A is increasing and B is positive,...
Alternative Keltner calculation using NWMA
Simple Keltner Indicator with a custom alert. The alert should ring when any Band has the price crossing.
Here's an updated version of the CBG Keltner Channel indicator. 1. Added a new option for painting bars and backgrounds. - Option 5 will paint up bars if the midline moving average is moving up and price is above the control moving average. It will paint down bars if the opposite is true. If neither are true, it will paint a neutral color. The neutral color...
A different spin on Keltner Channels. Using 3 channels of varying widths provides a good visual for potential entries off of extremes. Normal channel is center, green and red "zones" could be used as potential entry/exit areas, and the outside yellow zones may be viewed as extremes (signifying potential breakouts or strong reversal areas).
The Keltner Channel, a classic indicator of technical analysis developed by Chester Keltner in 1960. The indicator is a bit like Bollinger Bands and Envelopes. This variation uses the Hull Moving Average as the centre line for the channel.
Percent B (%B), it's derivation Percent K (%K) and squeeze indicator combined in one. blue line = bollinger % orange line = keltner % red background = squeeze* squeeze = bollinger bands are inside (encapsulated by) keltner channel
Hello Fellow Traders! Script Info Keltner Channel uses Average True Range and Bollinger Bands uses Standard Deviation. And if you compare the two, you’ll realize Keltner Channel is “smoother” version to Bollinger Bands. I have included a one hour backtest including slippage and 0.075% commissions to meet most exchanges standards, as you can see it...
This is a script with alerts for standard Keltner Channer Strategy you can find in TradingView. Use "Once Per Bar" option when creating alerts.
There are quite a few band indicators out there, ATR, VWAP, Bollinger, Fib, etc. however, I could never find anything that could scale accurately during periods of high volatility. That brought me to writing this indicator. These bands use my Volume-Weighted Anchored Trend (VWAT) for the basis and highlight the standard deviation that you might expect high...
Keltner Channels around Hull Moving Average Script shared upon request. No guarantees on accuracy.
We used Marc Chaikin’s Chaikin Volatility as somewhat of a baseline for this indicator and then built on it. Like Chaikin Volatility, our indicator draws primarily upon high-low spreads to quantify a security’s volatility. It also has similarities to Keltner Channels as it uses ATR rather than standard deviations in its calculation of the different bands....
Here we have modified a keltner channel calculated using the Jurik Moving Average. This is a cleaner and longer term version of JMA Channels.
Uses volume weighted (optional) applied to the McGinley Dynamic for the basis of either a Bollinger Band or Keltner Channel. When volume weighting is enabled it uses a volume weighted standard deviation to calculate the bollinger width. Keltner channel also uses the McGinley formula to calculate the ATR used to determine the width of the channel. Both the 1x...
Plots one of several types of moving average types Supports ATR/Kelter Channels Supports Bollinger Bands Velocity squeezes shown on the moving average to identify possible turning points Supports ATR based stop for MA Trend Reversals MA Trend reversal alert conditions See related Moving Average Ribbon script.