Sri - Keltner Channel Dual - CTF

Sri – Keltner Channel Dual – CTF

Description:
The Sri – Keltner Channel Dual – CTF indicator is an advanced multi–timeframe version of the classic Keltner Channel. It allows you to visualize and compare two independent Keltner Channels simultaneously — each computed on custom timeframes with fully configurable parameters for adaptive volatility analysis.

🔍 Key Features

Dual Timeframe Channels: View two Keltner Channels from different timeframes (e.g., 1H and 1D) on the same chart for cross–timeframe confluence.

Customizable Settings:

Choose between SMA or EMA for basis line calculation.

Select Average True Range, True Range, or Range for band width computation.

Adjustable length, ATR period, and multiplier for each channel.

Precision with CTF (Custom Time Frame): Uses request.security() to pull accurate higher–timeframe data directly into your chart.

Visual Clarity:

Red bands represent the first timeframe channel.

Blue bands represent the second timeframe channel.

Central basis lines are displayed in black and gray for easy distinction.

📈 Usage Tips

Ideal for identifying multi–timeframe trend direction, volatility expansion/contraction, and support/resistance zones.

Combine with oscillators or momentum indicators for enhanced signal confirmation.

Use higher–TF channels (e.g., 1D or 4H) as context zones while trading lower–TF charts.
🧠 Concept

The Keltner Channel is a volatility-based envelope that adapts dynamically to market conditions using the ATR. This dual CTF version enhances the traditional tool by blending two timeframe perspectives — helping traders anticipate trend continuation or reversal zones with higher precision.