Keltner Worm Forecast

2. Aug. 2021

Beta V0.1.0

This Keltner Channel Worm gives 6 different KCs at max, and allows you to set a multiplier for the offset and worm settings (exponential).

The idea behind this script is that the overall brightness of the Keltner Channel will indicate the strength of the forecast. If the candles are shrouded by darkness, a correction is due.

Enjoy and let me know if you have any suggestions for improvements down below!

<3 Happy Trading
Sir Poggy

2. Aug. 2021

Versionshinweise

• Added a status box for the Worm with a single true/false forecast. (May add more forecasting in the future)
  

2. Aug. 2021

Versionshinweise

• Changed how forecast is detected (uses high/low instead of close)
  

2. Aug. 2021

Versionshinweise

• Added inputs for color and transparency
  

2. Aug. 2021

Versionshinweise

v0.5.0 BETA

• Added forecast strength percentage calculation
  
• Added alert for Strong Worm Forecast
  
• Reordered the worm printing text to make more sense
  
• Various bug fixes
  
• Added comments
  

2. Aug. 2021

Versionshinweise

• I accidentally removed the color code
  

2. Aug. 2021

Versionshinweise

v1.0.0 Full Release version

• Changed default values, cleaned up code.
  

2. Aug. 2021

Versionshinweise

• Added Long and Short alerts - Alerts for Long and Short are triggered when the outermost Keltner Worm value is crossed down [S] or up [L]
  
• Some bug fixes.
  
• Added display in the status box for a long and short opportunity.
  

2. Aug. 2021

Versionshinweise

v1.1.0

• Added long and short labels to the chart
  

2. Aug. 2021

Versionshinweise

• Made some changes to some formulas
  
• Fixed an issue with worm exit alert repeatedly triggering
  
• Added options to enable or disable alerts separate from hiding and showing labels.