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Zero Lag Keltner Channels
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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.
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.
Nota Keluaran
- 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
Nota Keluaran
You can now select between Zero Lag EMA (ZLEMA) and Hull MA, which is similar low lag and smooth moving average.Nota Keluaran
- Added ALMA (ARNAUD LEGOUX MOVING AVERAGE) to selectable moving average types
- It measures the width of the channel and print it with blue color
Nota Keluaran
- 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
Nota Keluaran
Fixed HMANota Keluaran
Fixed range MA input nameNota Keluaran
- 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
Nota Keluaran
Multiple timeframe supportSkrip sumber terbuka
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