modhelius

Advanced Keltner Channels

This is a more advanced version of the standard Keltner Channels indicator. It allows you to change the type of the moving average (Simple, Exponential, Weighted, Volume-weighted, Triple EMA or a moving average that uses RSI ). The indicator also allows you to volume weight the indicator (turned on by default). If you want to weight the indicator against the true range instead of volume this is also possible. By default, this will be done automatically for assets that do not support volume .
Versionshinweise: Fixed a minor bug which made it impossible to turn off volume weighting.
Versionshinweise: Update to Pine Script Version 4 and add resolution to study.
Open-source Skript

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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