Hello everyone! This script is implementing a strategy that uses 7 indicators: SSL, Wavetrend, SSL Hybrid, Keltner Channel, EMA, Candle Height and ATR. This is the 2nd best strategy that we have tested so far (based on the 100 backtests).
STRATEGY ENTRY RULES
Long entry: go long if SSL Hybrid is blue (between last candle and entry candle) and SSL Channel crosses...
Concept:
After every low volatile phase comes a high volatile phase and after every high volatile phase comes a low volatile phase.
If the Bollinger bands are smaller then the Keltner channel (colored red), the price action is low in volatility… meaning a breakout (colored green) will happen soon.
If Bollinger band is bigger than the Keltner channel = green
If...
Keltner Channel with user options to calculate the moving average basis and envelopes from a variety of different moving averages.
The user selects their choice of moving average, and the envelopes automatically adjust. The user may select a MA that reacts faster to volatility or slower/smoother.
Added additional options to color the envelopes or basis based on...
This strategy is optimized for Bitcoin with the Keltner Channel Strategy, which is TradingView's built-in strategy. In the original Keltner Channel Strategy, it was difficult to predict the timing of entry because the Buy and Sell signals floated in the middle of the candle in real time. This strategy is convenient because if the bitcoin price hits the top or...
This strategy is optimized for Bitcoin with the Keltner Channel Strategy, which is TradingView's built-in strategy. In the original Keltner Channel Strategy, it was difficult to predict the timing of entry because the Buy and Sell signals floated in the middle of the candle in real time. This strategy is convenient because if the bitcoin price hits the top or...
This is a long-only strategy tested on LINK/USDT, 1 hour bar, from Feb 2019. The entry is determined by the breakout of upper Keltnel Channel and when the +DI is higher than 32. Instead of a fixed stop-loss from the original script , I change the exit to the middle band of the Keltnel Channel. 1st profit target will close 20% of the position. 2nd profit target...
This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow...
Use the synchronization of the 3 lines Basis, Upper, Lower to calculate whether the trend will continue or not.
1. Color the 3 lines Basis, Upper, Lower of the Keltner channel
- If the value of 3 Basis, Upper, and Lower lines in front of a candle increases, fill in green.
- If the value of 3 Basis, Upper, and Lower lines in front of one candle decreases, color in...
This is momentum based indicator
Input
1. Two EMA
2. Stochastic
Thought process
1. Difference between fast and slow ema has a oscillating nature.
2. Stochastic %k %d crossover gives early signals
3. early entry gives low risk high reward setup
Calculation
1. A= EMA (fast) - EMA (slow)
2. B =Stochastic(%K)-Stochastic(%D)
When A is increasing and B is positive,...
Here's an updated version of the CBG Keltner Channel indicator.
1. Added a new option for painting bars and backgrounds.
- Option 5 will paint up bars if the midline moving average is moving up and price is above the control moving average. It will paint down bars if the opposite is true. If neither are true, it will paint a neutral color. The neutral color...
A different spin on Keltner Channels. Using 3 channels of varying widths provides a good visual for potential entries off of extremes. Normal channel is center, green and red "zones" could be used as potential entry/exit areas, and the outside yellow zones may be viewed as extremes (signifying potential breakouts or strong reversal areas).
The Keltner Channel, a classic indicator of technical analysis developed by Chester Keltner in 1960.
The indicator is a bit like Bollinger Bands and Envelopes.
This variation uses the Hull Moving Average as the centre line for the channel.
Percent B (%B), it's derivation Percent K (%K) and squeeze indicator combined in one.
blue line = bollinger %
orange line = keltner %
red background = squeeze*
squeeze = bollinger bands are inside (encapsulated by) keltner channel
Hello Fellow Traders!
Script Info
Keltner Channel uses Average True Range and Bollinger Bands uses Standard Deviation.
And if you compare the two, you’ll realize Keltner Channel is “smoother” version to Bollinger Bands.
I have included a one hour backtest including slippage and 0.075% commissions to meet most exchanges standards, as you can see it...
![LINKUSDT: Keltner Channel [LINKUSDT] 1H](https://s3.tradingview.com/d/Dxqv8ftu_mid.png "Keltner Channel [LINKUSDT] 1H")
![XAUUSD: Keltner Color count [DinhChienFX]](https://s3.tradingview.com/p/py7JAC84_mid.png "Keltner Color count [DinhChienFX]")
