This indicator combines the power of the Keltner channel with the power of the Relative Strength Indicator (RSI). It can help understand when the market is entering a bullish or a bearish trend.
Normally a Keltner channel would reference an Exponential Moving Average (EMA) of the price. In this case the Keltner Channel in the "Keltner + RSI Bitcoin Futures...
Derives a bias for BTC/USD on the daily timeframe and displays it on the chart in a configurable way. Takes price data from the CME BTC futures chart (exchange is configurable), regardless of what symbol you run it on.
Why? Because futures are said to give cleaner charts, but most traders are not trading CME futures. So you can use this indicator on whichever...
![BTCPERP: Keltner + RSI Bitcoin Futures Trading [luca_badoer]](https://s3.tradingview.com/v/VBupBXBO_mid.png "Keltner + RSI Bitcoin Futures Trading [luca_badoer]")
![BTCUSDT: [SCL] BTC Futures Daily Bias (CME BTC1!)](https://s3.tradingview.com/f/f9oUL99u_mid.png "[SCL] BTC Futures Daily Bias (CME BTC1!)")
