OPEN-SOURCE SCRIPT
CQ KeltnerPosition

This indicator shows where price is positioned inside a Keltner Channel using a normalized scale.
The output is a single oscillator that ranges from −1 to +1:
−1 when price is at the lower Keltner band
0 when price is at the channel midpoint
+1 when price is at the upper Keltner band
Values between these levels represent the relative position of price within the channel.
How it works
The Keltner Channel is built using a moving-average basis and an ATR-based range.
Upper and lower bands are calculated as:
Upper = Basis + (Multiplier × ATR)
Lower = Basis − (Multiplier × ATR)
The position is then normalized as:
((price − lower) / (upper − lower)) × 2 − 1
This normalization ensures consistent behavior across symbols, timeframes, and volatility regimes.
The output is a single oscillator that ranges from −1 to +1:
−1 when price is at the lower Keltner band
0 when price is at the channel midpoint
+1 when price is at the upper Keltner band
Values between these levels represent the relative position of price within the channel.
How it works
The Keltner Channel is built using a moving-average basis and an ATR-based range.
Upper and lower bands are calculated as:
Upper = Basis + (Multiplier × ATR)
Lower = Basis − (Multiplier × ATR)
The position is then normalized as:
((price − lower) / (upper − lower)) × 2 − 1
This normalization ensures consistent behavior across symbols, timeframes, and volatility regimes.
开源脚本
秉承TradingView的精神,该脚本的作者将其开源,以便交易者可以查看和验证其功能。向作者致敬!您可以免费使用该脚本,但请记住,重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神,该脚本的作者将其开源,以便交易者可以查看和验证其功能。向作者致敬!您可以免费使用该脚本,但请记住,重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。