can anybody share this indicator?

hmsanil

Active Member
#1
hi all, I want the top part of the indicator shown in the image. Can anybody share the indicator please
 
Last edited:

HULK

Active Member
#2
// Keltner Channels are constructed similar to Bollinger Bands
// around a moving average +/- volatility.
// The difference is in the measurement of volatility.
// Bollinger uses standard deviation. MA(Close,20) +/- #STDs
// Keltner uses ATR (Average True Range). MA(Close,20) +/- #ATRs
// Keltner channels may be easier to use for detecting oversold / overbought conditions



Length = 20; Num_ATRs = 2;
// Length and Num_ATRs parameters should be personalized for your preferred
settings.

Mov_Avg = MA(C,Length);
KUP = Mov_Avg + Num_ATRs * ATR(Length);
KDOWN = Mov_Avg - Num_ATRs * ATR(Length);


Plot (KUP,"KUP",1,1);
Plot (KDown,"Kdown",1,1);
Plot (Mov_Avg,"Mov_Avg",6,1);


HULK
 

hmsanil

Active Member
#3
// Keltner Channels are constructed similar to Bollinger Bands
// around a moving average +/- volatility.
// The difference is in the measurement of volatility.
// Bollinger uses standard deviation. MA(Close,20) +/- #STDs
// Keltner uses ATR (Average True Range). MA(Close,20) +/- #ATRs
// Keltner channels may be easier to use for detecting oversold / overbought conditions



Length = 20; Num_ATRs = 2;
// Length and Num_ATRs parameters should be personalized for your preferred
settings.

Mov_Avg = MA(C,Length);
KUP = Mov_Avg + Num_ATRs * ATR(Length);
KDOWN = Mov_Avg - Num_ATRs * ATR(Length);


Plot (KUP,"KUP",1,1);
Plot (KDown,"Kdown",1,1);
Plot (Mov_Avg,"Mov_Avg",6,1);


HULK
hi,

thanks, but i would like to see the line which is passing above the chart with buy and sell signals
 

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