Top Trend is a trend following indicator that signals breakouts and plots dynamic support and resistance levels. Included: -Calculation of Top Trend using either Bollinger Bands and Keltner Channels This is an exact clone of the "TopTrend" for MT4 indicator
Definition The Keltner Channel Width oscillator is a technical analysis indicator derived originally from the same relationship the Bollinger Band Width indicator takes on Bollinger Bands. Similar to the Bollinger Bands, Kelts measure volatility in relation to price, and factor in various range calculations to create three bands around the price of a given...
█ Goals This is an indicator that brings together Bollinger Bands and Keltner's Channels in one thing. Both are very similar, so I decided to make a merge of the best features I found out there. Here there is the possibility of choosing one of these two as needed. In addition, I added the following resources: 1. Pre-Defined intermediate bands with Fibonacci...
LNL Keltner Exhaustion resolves the constant issue of Bands vs. EMAs With the keltner exhaustion wedges, you can easily see the keltner channel extremes witout using the actual bands. That way, you will know whether the price is outside of the keltner channels + you can use other indicators (such as EMAs) on chart without the bands so the chart does not look...
Concept: After every low volatile phase comes a high volatile phase and after every high volatile phase comes a low volatile phase. If the Bollinger bands are smaller then the Keltner channel (colored red), the price action is low in volatility… meaning a breakout (colored green) will happen soon. If Bollinger band is bigger than the Keltner channel = green If...
Keltner Channel with user options to calculate the moving average basis and envelopes from a variety of different moving averages. The user selects their choice of moving average, and the envelopes automatically adjust. The user may select a MA that reacts faster to volatility or slower/smoother. Added additional options to color the envelopes or basis based on...
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).
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
This is a script with alerts for standard Keltner Channer Strategy you can find in TradingView. Use "Once Per Bar" option when creating alerts.
Keltner Channels around Hull Moving Average Script shared upon request. No guarantees on accuracy.
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.
This channel is a second version designed by the famous american analyst Linda Raschke; it allows you to find the main trend and to implement a trend-following strategy. You can open a new long/short position when the price cross up the basis and the upper/lower band (jointly with other indicators).
This is a corrected version of Squeeze Indicator that initially was authored by LazyBear and modified by KıvanÇ @fr3762 (twitter) Indicator description: www.forextrading-pips.com Interpretation: When both the upper and lower Bollinger Bands go inside the Keltner Channel, the squeeze is on. When the Bollinger Bands (BOTH lines) start to come out of the Keltner...