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OPEN-SOURCE SCRIPT

Zero Lag Keltner Channels

Par TheBacktestGuy
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This is Keltner Channelz (KC) with Zero Lag Moving Average (ZLMA as base). It is smoother and has less lag than the original (EMA/SMA) variant.

It also can be used as a trend indicator and trend confirmation indicator. The upper and lower bands are green if it is an up trend, and red if a down trend. If both have the same color it is a stronger trend.
Notes de version
  • dynamically colorized center line
  • dynamically colorized background: it will be green if all lines are green, red if all lines are red and gray otherwise
  • cleaned and commented code
Notes de version
You can now select between Zero Lag EMA (ZLEMA) and Hull MA, which is similar low lag and smooth moving average.
Notes de version
  • Added ALMA (ARNAUD LEGOUX MOVING AVERAGE) to selectable moving average types
  • It measures the width of the channel and print it with blue color
Notes de version
  • Use function for MA selection
  • Different MAs for base line and range (ATR)
  • Added lagging moving averages for reference (SMA, EMA, RMA)
  • It can remove outliers by using stdev for True Range, the same idea as in my other indicator: "ATR Without Outliers" (ATRWO)
  • Fixed plotting channel width into data window only (TradingView removed the original method I used)
  • Added ATR into data window
Notes de version
Fixed HMA
Notes de version
Fixed range MA input name
Notes de version
  • Uses my TAExt library
  • Support different sources for upper and lower bands
  • More MAs, also lagging ones, but this makes a whole lot of usage possibilities (e.g. dynamic support resistance cloud)
  • Setting look back period for trend coloring is now possible
  • Ability to turn off trend colors if you use it just for stop and take profit levels or S/R cloud
  • Parameter grouping and tooltips
Notes de version
Multiple timeframe support
almaArnaud Legoux Moving Average (ALMA)ATRAverage True Range (ATR)bandshullKeltner Channels (KC)outliersTrend AnalysisZero Lag Exponential Moving Average (ZLEMA)zlma

Script open-source

Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

Vous voulez utiliser ce script sur un graphique ?

TheBacktestGuy

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