High Customizable Keltner

[7510109079]

thx Apprentice. Saw your msg about time period. Thx also for the cloud lua

[lbikhope]

im looking keltner bands but with seting like Trade Stations
-PLength
-NumATRs
-Displace
Please and Thx

[lbikhope]

---------------------------------
inputs: Price( Close ), Length( 35 ), pct( .15 ), Displace( 0 ),NumDays(4), NumHours(0), NumMinutes(0) ;

variables: Avg( 0 ), Shift( 0 ), LowerBand( 0 ), UpperBand( 0 ), mp(0), setup(false);

Avg = AverageFC( Price, Length ) ;
Shift = pct * AverageFC( Length,35 ) ;
UpperBand = Avg + Shift ;
LowerBand = Avg - Shift ;

condition1 = price <= UpperBand and price >= LowerBand;
condition2 = Price crosses under UpperBand or Price crosses over LowerBand;

if Displace <= 0 or CurrentBar > AbsValue( Displace )or BarStatus(1) = 2
then if condition2 then begin
if countif(condition1,35)>= 35 then setup = true
else setup = false;
end;
----- maybe that help

[Apprentice]

Cental = Moving Average
Top =Central + Central * Percentage
Bottom =Central - Central * Percentage

Keltner Band.lua

(4.28 KiB) Downloaded 1810 times

[lbikhope]

look perfect thx a lot of but can u add cloud? please

[Apprentice]

With Cloud Version.

Keltner Band.lua

(5.72 KiB) Downloaded 1907 times

[Eric1704]

The Keltner from the June 14, 2012 post does not seem to work in shorter time frames. It goes way off from the price.
Thank you.

[Apprentice]

Try to use smaller Percentage value.
This should fix your problem.

[POPPJOBB]

Did the Alert get added into this indicator?
If so I cannot find it(I tried 2-3 versions)
The Alert is for price closing above or below Keltner channel.
Thanks

[Apprentice]

See top most post.
I just uploaded the version that has alert functionality.