Keltner Channel - NinjaTrader | futures io social day trading
futures io futures trading


Keltner Channel
Updated: Views / Replies:5,996 / 17
Created: by rryti Attachments:3

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 3  
 
Thread Tools Search this Thread
 

Keltner Channel

  #11 (permalink)
Elite Member
Chattanooga, Tennessee, USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: currency futures
 
Posts: 32 since Sep 2010
Thanks: 3 given, 20 received


Fat Tails View Post
I have added a Tillson T3 and updated the indicator here:

https://futures.io/download/ninjatrader-7/indicators/625-download.html?view

wow, instant response.

you're incredible. THANK YOU.

wish I had programming knowledge like that

Reply With Quote
The following 2 users say Thank You to rsmtrade for this post:
 
  #12 (permalink)
Elite Member
Chattanooga, Tennessee, USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: currency futures
 
Posts: 32 since Sep 2010
Thanks: 3 given, 20 received

so would you consider writing a MACD with all these different moving averages available?

i like using MACD as a way to watch moving averages without having to clutter up my price panel with a ton of lines.

Reply With Quote
 
  #13 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,651 since Mar 2010
Thanks: 4,226 given, 25,600 received
Forum Reputation: Legendary



rsmtrade View Post
so would you consider writing a MACD with all these different moving averages available?

i like using MACD as a way to watch moving averages without having to clutter up my price panel with a ton of lines.

I have already written that indicator.

https://futures.io/elite-circle/27222-webinar-linda-bradford-raschke-volume-price-relationship-5.html#post327080

I have not yet had the time to add it to the download section of the forum, but will do during the next days. There will also be a Stochastics indicator.

Reply With Quote
The following 4 users say Thank You to Fat Tails for this post:
 
  #14 (permalink)
Elite Member
Chattanooga, Tennessee, USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: currency futures
 
Posts: 32 since Sep 2010
Thanks: 3 given, 20 received

thank you again!

Reply With Quote
The following user says Thank You to rsmtrade for this post:
 
  #15 (permalink)
Elite Member
Chicago + IL
 
Futures Experience: Beginner
Platform: NT
Favorite Futures: ES
 
Posts: 62 since Feb 2014
Thanks: 220 given, 52 received

Hi @Fat Tails,

I like and use this indicator more often as of late. I understand the paint bars are based on the slope of the mid-line (blue rising, white neutral and red declining) but what dictates whether a bar colour is solid or transparent? Also, I am not familiar with neutral threshold and offset multiplier and what those options change. I have it set to the default. thanks in advance!

Reply With Quote
 
  #16 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,651 since Mar 2010
Thanks: 4,226 given, 25,600 received
Forum Reputation: Legendary


robert880 View Post
Hi @Fat Tails,

I like and use this indicator more often as of late. I understand the paint bars are based on the slope of the mid-line (blue rising, white neutral and red declining) but what dictates whether a bar colour is solid or transparent? Also, I am not familiar with neutral threshold and offset multiplier and what those options change. I have it set to the default. thanks in advance!

The shape of a candle stick does not allow to distinguish the open from the close. Therefore typically the following colors are used

-> upclose (close > open): green body
-> downclose (close < open): red body

When the candle sticks are painted in line with an uptrend or downtrend, you can no more use colors to differentiate bewteen upcloses and downcloses. In that case it is best to use the same convention as is used for black and white candlesticks

-> upclose (close < open): hollow (transparent) body
-> downclose (close < open): filled (colored) body

The trend shown by the indicator can be show as rising, falling and flat. The notion "flat" is pretty subjective. The moving average or channel line will probably never be 100% horizontal. Therefore flat means that the slope is close to zero, but it does not mean that the slope is exactly zero. In order to allow for a range of flatness, the neutral threshold is used. If you set that value to zero, only the perfectly horizontal lines will be shown as flat - which means that you use two trend states only - uptrend and downtrend - because there is no perfectly horizontal line. If you increase the value for the neutral threshold, this will also increase the range of all values that are still being considered as "flat".

Reply With Quote
 
  #17 (permalink)
Elite Member
Brussels Belgium
 
Futures Experience: Intermediate
Platform: Ninjatrader
Favorite Futures: es
 
Posts: 4 since Feb 2012
Thanks: 7 given, 0 received

Hi @Fat Tails

Thanks for the awesome indicators you build.

When you have the time I have a question on the universal Keltner Channel.
Is there a way, mayby in combination with your alert on indicator, to be notified by email when there is a cross of the outer channels?

Reply With Quote
 
  #18 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,651 since Mar 2010
Thanks: 4,226 given, 25,600 received
Forum Reputation: Legendary


manlinden View Post
Hi @Fat Tails

Thanks for the awesome indicators you build.

When you have the time I have a question on the universal Keltner Channel.
Is there a way, mayby in combination with your alert on indicator, to be notified by email when there is a cross of the outer channels?


It would be possible to add this feature. I am just afraid that all these background colors, arrows, sound & e-mail alerts do not have a high priority on my to-do-list. You could just try to copy and paste this feature from other indicators.

However, there will be a new version of the indicator, which comes with a few more moving averages. I just need to upload it.

Reply With Quote

Reply



futures io > > > > Keltner Channel

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Keltner Bands indicator cory The Elite Circle 21 November 15th, 2012 04:31 PM
Keltner Channel Paint Bar and StrategyTrader alexlusiv Platforms and Indicators 1 June 28th, 2012 07:22 PM
Keltner Channel: Multicharts vs. Esignal kottgolf MultiCharts 3 May 7th, 2012 02:56 PM
Keltner kiasom EasyLanguage Programming 2 November 17th, 2010 03:01 PM
Help w/ Keltner from TradeStation to NT7 bluemele NinjaTrader Programming 15 November 8th, 2010 01:30 PM


All times are GMT -4. The time now is 08:40 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-12 in 0.12 seconds with 20 queries on phoenix via your IP 54.90.207.75