This is Keltner Channelz (KC) with Zero Lag Moving Average (ZLMA as base). It is smoother and has less lag than the original (EMA/SMA) variant.
It also can be used as a trend indicator and trend confirmation indicator. The upper and lower bands are green if it is an up trend, and red if a down trend. If both have the same color it is a stronger trend.
Here is a very simple tool that uses the Arnaud Legoux Moving Average(ALMA). The ALMA is based on a normal distribution and is a reliable moving average due to its ability to reduce lag while still keeping a high degree of smoothness.
Input Options:
-Offset : Value in range {0,1} that adjusts the curve of the Gaussian Distribution. A higher value will result in...
This script is a custom visualization tool to plot 4 Moving Averages (MA).
Each MA is customizable; you can:
enable (disable) the plot of MA;
select whether the MA is an EMA or an SMA;
the length;
the source (open, close, ...);
the offset value (default is 0).
Note:
The 1st MA is an EMA with length 50.
The others MAs are SMA with length 9, 30...
Plots the high and low of your chosen moving average.
Options are:
SMA = Simple Moving Average
EMA = Exponential Moving Average
WMA = Weighted Moving Average
HMA = Hull Moving Average
VWMA = Volume Weighted Moving Average
RMA = Exponetial Weighted Moving Average
ALMA = Arnaud Legoux Moving Average
Unbox "Use Current Timeframe" to use chosen timeframe below
I...
This hasn't been done before. People know the ALMA moving average, TradingView, of course, has a built-in function for the ALMA = alma(). But, when you use built-in functions, you can't have a series as a length. Pinecoders put out a bunch of functions for various routines wherein the built-in doesn't allow for a series as a length. I got some help from @everget...
Includes fast and slow Arnaud Legoux Moving Averages (ALMA). ALMA is a moving average based on a Gaussian(normal) distribution that reduces lag while still retaining smoothness.
Input Options:
-Offset : Value in range {0,1} that adjusts the curve of the Gaussian Distribution. A higher value will result in higher responsiveness but lower smoothness. A lower...
These ribbons are based on Arnaud Legoux's moving average and combined with Fibonacci levels to create near perfect points of interest. when price action enters one of these bands watch for it's reaction, if price gets rejected expect it to return to the previous band, like wise if the price breaks above one band you can expect it to continue to the next.
simple...
It is an RSI indicator with 3 lines (or 4 if you enable the original RSI in settings):
The lime is calculated from high
The fuchsia is calculated from low
The orange one is calcuated form both high and low , by calculating RSI's up from high and down from low
You can also select different moving averages for RSI calculation. (The...
Arnaud Legoux Trend Indicator (ALTI) was designed for Identifying the primary trend, secondary trend and minor trend in a clearer way. Using the trend for continuation trade and detect potential reversals are two common ways to use it. However, combining ALTI with good volume indicators also has special results.Good luck, traders.
![ES1!: ALMA Function [FN] - Arnaud Legoux Moving Average](https://s3.tradingview.com/r/rqxaTb6E_mid.png "ALMA Function [FN] - Arnaud Legoux Moving Average")
