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Triple keltner
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Created: by booker777 Attachments:13

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Triple keltner

  #11 (permalink)
Elite Member
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Keltner

Thanks Fats, sorry was out of town for several days but i am trying to mimic an indicator below if it can be done. It is what TWE (tradingwithanedge) uses. I believe it creates extremes from whichto trade reversals but not sure. Tks for help as usual.

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Triple keltner-5-29-es.jpg  
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  #12 (permalink)
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booker777 View Post
Thanks Fats, sorry was out of town for several days but i am trying to mimic an indicator below if it can be done. It is what TWE (tradingwithanedge) uses. I believe it creates extremes from whichto trade reversals but not sure. Tks for help as usual.

There are several indicators on that chart. Which one do you talk about?

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  #13 (permalink)
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Keltner


Specifically the extreme bands on the channels in the picture. i.e. where it shows the ES rejecting the upper band at 1652 around 10 a.m. and bouncing off the lower one around 1639ish around 11:15. Actually if you think you can decode what the BBL and key indicators are that would be great too but not sure if you could do that. First of all does that even look like a keltner band to you in the picture? Tks

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  #14 (permalink)
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booker777 View Post
Specifically the extreme bands on the channels in the picture. i.e. where it shows the ES rejecting the upper band at 1652 around 10 a.m. and bouncing off the lower one around 1639ish around 11:15. Actually if you think you can decode what the BBL and key indicators are that would be great too but not sure if you could do that. First of all does that even look like a keltner band to you in the picture? Tks

Those are Keltner Channels, you can use the triple Keltner to plot them, if you try out different settings.

I have quickly played around with it, the chart is below.

Maybe it is not identical, but it comes pretty close.


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Triple Keltner

Tks again Fats, you da man

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Update Vola Channels

Just added standard deviation bands to the triple Keltner Channels.

Therefore it will now allow to display triple Bollinger Bands as well.

As soon as I find the time, I will put it into the download section.


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