Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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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
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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
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You can now select between Zero Lag EMA (ZLEMA) and Hull MA, which is similar low lag and smooth moving average.
Notes de version
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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
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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
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Fixed HMA
Notes de version
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Fixed range MA input name
Notes de version
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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
Can you help me to modify the script from one platform for trading view. It is the best indicator
TheBacktestGuy
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@ahldragon, It is already on TradingView. You mean to convert to other platform? I can't help it, I'm using TradingView only and Python for bots.
ahldragon
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@wallneradam, I have a scripts from another platform that use java script. I like it pretty much work pretty good 9 out of 10 win rate I wonder if you can help modify it for trading view.
TheBacktestGuy
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@ahldragon, I have written a private message to you.
HarveyK123
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So an alarm can be set for it to spot this ? I really like this type of moves when it occurs but alerts are lagging always.