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✨ Astonishing Smooth Double Keltner Channels ✨
This indicator brings a fresh, ultra-smooth take on the classic Keltner Channels, designed to help you better visualize volatility and trend with minimal lag and maximum clarity.
Key Features:
Hull Moving Average (HMA) as the middle line for superior smoothness and responsiveness compared to traditional EMA.
Double Keltner Channels with customizable multipliers (default 4 and 8) to capture different volatility zones.
Adaptive ATR smoothing using RMA for stable yet responsive channel width.
Dynamic coloring of channel bands and background based on price position relative to the middle line — green for bullish, red for bearish.
Visual fills between channel bands for easy zone identification.
Price crossover signals plotted as arrows to highlight potential breakout or breakdown points.
Why use this indicator?
Keltner Channels are a powerful tool for identifying trend direction, volatility expansion, and potential reversal zones. This version enhances the classic formula by applying advanced smoothing techniques and visual cues, making it easier to interpret price action and make informed trading decisions.
How to use:
Adjust the length and multipliers to fit your trading style and the instrument’s volatility.
Watch the smooth middle line (HMA) to identify trend direction.
Use the channel bands as dynamic support/resistance and volatility boundaries.
Pay attention to the crossover signals for potential entry or exit points.
The background color helps quickly gauge market bias at a glance.
Feel free to customize the inputs and experiment with different settings to suit your strategy. This indicator works well on all timeframes and instruments.
If you find it useful, please leave a like and comment! Happy trading! 🚀📈
Key Features:
Hull Moving Average (HMA) as the middle line for superior smoothness and responsiveness compared to traditional EMA.
Double Keltner Channels with customizable multipliers (default 4 and 8) to capture different volatility zones.
Adaptive ATR smoothing using RMA for stable yet responsive channel width.
Dynamic coloring of channel bands and background based on price position relative to the middle line — green for bullish, red for bearish.
Visual fills between channel bands for easy zone identification.
Price crossover signals plotted as arrows to highlight potential breakout or breakdown points.
Why use this indicator?
Keltner Channels are a powerful tool for identifying trend direction, volatility expansion, and potential reversal zones. This version enhances the classic formula by applying advanced smoothing techniques and visual cues, making it easier to interpret price action and make informed trading decisions.
How to use:
Adjust the length and multipliers to fit your trading style and the instrument’s volatility.
Watch the smooth middle line (HMA) to identify trend direction.
Use the channel bands as dynamic support/resistance and volatility boundaries.
Pay attention to the crossover signals for potential entry or exit points.
The background color helps quickly gauge market bias at a glance.
Feel free to customize the inputs and experiment with different settings to suit your strategy. This indicator works well on all timeframes and instruments.
If you find it useful, please leave a like and comment! Happy trading! 🚀📈
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。