This indicator adds channels based on bollinger bands to Elders Force Index to mimic the Lavorn ATR Channel concept.
Credit for original concepts to Alexander Elder and Kerry Lavorn.
(improvement potential - change out Bollinger bands for Average True Range. Please let me know if you change the code to achieve this).
Credit for original concepts to Alexander Elder and Kerry Lavorn.
(improvement potential - change out Bollinger bands for Average True Range. Please let me know if you change the code to achieve this).
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Spelling error: Correct Lavorn to Lovvorn