Volatility Bands by DGTVolatility represents how large an asset's prices swing around the mean price, the degree of variation of a trading price over time, and is commonly measured with beta (β) coefficients, standard deviations (σ) of returns where tools such as Average True Range, Bollinger Bands, Keltner Channel, Squeeze Indicator, etc presents volatility concept
Volatility often refers to the amount of uncertainty or risk related to the size of changes in a security's value. The higher the volatility, the riskier the security - the price of the security can change dramatically over a short time period in either direction. A lower volatility - security's value does not fluctuate dramatically, and tends to be more steady
This study, Volatility Bands , attempts to present a way to measure and visualize volatility , using standard deviations (σ) and average true range indicator, and aims to point out areas that might indicate potential trading opportunities
I will try to explain the usage with examples,
same setup with different option selected
as you may observe from the examples different setting may have advantages and disadvantages over one another, it is recommended to verify a trading setup with different available options.
Additionally, It is recommended to use this indicator in conjunction with other technical indicators, or verify using chart/candle patterns. Below is an usage example using in conjunction with other indicator, in the given example “Neglected Volume by DGT” is selected
Similarities and Differences
Bollinger Bands depicts two standard deviations above and below a simple moving average, and Keltner Channel depicts two times average true range (ATR) above and below an exponential moving average
Volatility Bands study combines the approach of both Bollinger Bands and Keltner Channel, with different settings and different visualization
Default settings are one standard deviations and one time average true range (ATR) above and below 13 period exponential moving average. Setting can be adjusted by users but let me remind all testes are performed with the default settings.
Mathematically expressed as
Upper band area between “ema + stdev” and “ema + atr”
Lower band area between “ema – stdev” and “ema – atr”
A different display is added with the inspiration I get from one of the @quantgym ‘s study, many thanks @quantgym 😉
When difference band display is selected the study will reflect the area between “ema + stdev – atr” and “ema – stdev + atr”. As shown in the examples above
Note: standard deviation calculation can be adjusted based on price action or its moving average.
Other differentiation between BB and KC is with V-BANDS mostly we look for trade opportunities when price action move out of the bands and in most cases we assume market is consolidating when the price action is within the bands
The other indicator that presents similarities to Volatility Bands is Squeeze Indicator, which measures the relationship between Bollinger Bands and Keltner's Channels to help identify consolidations and signal when prices are likely to break out. Mainly Volatility Bands is different version of Squeeze indicator, in fact the purpose is almost same but visualization is completely different. Additionally Volatility Bands Offers trading opportunities whereas Squeeze indicator only presents market states unless a momentum indicator is adapted to Squeeze indicator.
Disclaimer:
Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely
The script is for informational and educational purposes only. Use of the script does not constitute professional and/or financial advice. You alone have the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script
肯特纳通道(KC)
EMA Keltner Channel 1D100/200 EMAs, along with Keltner Bands based off them. Colors correspond to actions you should be ready to take in the area. Use to set macro mindset.
Uses the security function to display only the 1D values.
Red= Bad
Orange = Not as Bad, but still Bad.
Yellow = Warning, might also be Bad.
Purple = Dip a toe in.
Blue = Give it a shot but have a little caution.
Green = It's second mortgage time.
Double Donchian, Double Keltner, no-overlayThis is rather an educational script on how you can put multiple channels on the chart in a relatively non-confusing manner. Because it can be done doesn't mean you should do it (especially as a beginner). However, you might want to use maybe two.
Normally, TradingView would put them all over each other causing chart to lose readability. By a few clever conditions, higher timeframe KC does draw on the chart only if it is outside lower timeframe KC. Lower timeframe Donchian is 99,5% outside both Keltner Channels, and it will not show if it overlaps at any point. Higher TF Donchian ale two lines but no background.
Keltner channel 1 uses original settings
Keltner channel 2 uses TradingView default settings
Donchian 1 uses TradingView default
Donchian 2 uses 60 periods used by Turtles if I remember it correct
Have a great trade!
Keltner Channel AlertSimple Keltner Indicator with a custom alert.
The alert should ring when any Band has the price crossing.
Elder-Keltner-Impulse-MA Study by STTAStudy Name: Elder-Keltner-Impulse-MA Study by STTA
English:
This indicator shows in a combined way three Keltner Channels with EMA21 and multiplier 1,3,5, the Elder Impulse System and a short EMA 11 to recognize the valuation zone, according to various strategies of Dr. Alexander Elder.
This indicator can be applied on all symbols.
Inputs: displayed symbol
Settings:
Elder Force Index (EFI)
-EIF MACD Length
-EIF MACD Slow Length
-EIF MACD Signal Length
-EIF EMA Length
EMA Short Length
Keltner Channels (KC)
-KC MA Length
-KC Multiplier1-3
-KC Source
-KC Type
-KC Bands Style
Outputs:
-EIF Bar Colors
-KC Upper1-3 channel upper and lower Lines
-MA Short
CBG Keltner ChannelsHere's an updated version of the CBG Keltner Channel indicator.
1. Added a new option for painting bars and backgrounds.
- Option 5 will paint up bars if the midline moving average is moving up and price is above the control moving average. It will paint down bars if the opposite is true. If neither are true, it will paint a neutral color. The neutral color defaults to gray bars and no color for backgrounds.
2. I've also added a 3rd band.
The chart here shows the default settings except for the inner band which is turned off.
mForex - Keltner channel + EMA Scalping systemTransaction setup parameters
Time frame: M5, M15
Currency pair: EUR / USD , GPB / USD
Transaction: London, USA
Number of orders / day: 10 - 15 orders
Trading strategies
=== BUY ===
Candles close on the upper Keltner
EMA10 crosses the upper Keltner range from below
Stop loss in the middle band or up to 12 pips
Profit target: 15-25 pips
=== SELL ===
Candles close below Keltner below
EMA10 crosses the Keltner range below from above
Stop loss in the middle band or up to 12 pips
Profit target: 15-25 pips
Elliott Wave Oscillator Signals by DGTElliott Wave Principle , developed by Ralph Nelson Elliott, proposes that the seemingly chaotic behaviour of the different financial markets isn’t actually chaotic. In fact the markets moves in predictable, repetitive cycles or waves and can be measured and forecast using Fibonacci numbers. These waves are a result of influence on investors from outside sources primarily the current psychology of the masses at that given time. Elliott wave predicts that the prices of the a traded currency pair will evolve in waves: five impulsive waves and three corrective waves. Impulsive waves give the main direction of the market expansion and the corrective waves are in the opposite direction (corrective wave occurrences and combination corrective wave occurrences are much higher comparing to impulsive waves)
The Elliott Wave Oscillator (EWO) helps identifying where you are in the 5-3 Elliott Waves, mainly the highest/lowest values of the oscillator might indicate a potential bullish/bearish Wave 3. Mathematically expressed, EWO is the difference between a 5-period and 35-period moving average based on the close. In this study instead 35-period, Fibonacci number 34 is implemented for the slow moving average and formula becomes ewo = ema(source, 5) - ema(source, 34)
The application of the Elliott Wave theory in real time trading gets difficult because the charts look messy. This study (EWO-S) simplifies the visualization of EWO and plots labels on probable reversals/corrections. The good part is that all plotting’s are performed on the top of the price chart including a histogram (optional and supported on higher timeframes). Additionally optional Keltner Channels Cloud added to help confirming the price actions.
What to look for:
Plotted labels can be used to follow the Elliott Wave occurrences and most importantly they can be considered as signals for possible trade setup opportunities. Elliott Wave Rules and Fibonacci Retracement/Extensions are suggested to confirm the patters provided by the EWO-S
Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely
Disclaimer : The script is for informational and educational purposes only. Use of the script does not constitutes professional and/or financial advice. You alone the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script
Squeeze Momentum Indicator [LazyBear] vX by DGTModified version of Squeeze Momentum Indicator visualizing on Price Chart
author: LazyBear, modified by KıvançÖZBİLGİÇ
Rainbow Gator - EMAs strategy for Binary OptionThis is an EMAs indicator for Binary Option or Scalping Alert designed for lower Time Frame Trend (2-5minutes).
Although you will find it a useful tool for higher time frames as well.
The Alerts are generated when the fast EMA cross over/under other slower EMAs, you then have the chance to wait for the pullback during the new trend then enter for trend momentum (follow the trend).
Beware when the trend is close to EMA200.
You must draw your SRT (Support-Resistance-Trendline) before looking for setups.
Good luck.
NSDT Triple KeltnerA different spin on Keltner Channels. Using 3 channels of varying widths provides a good visual for potential entries off of extremes. Normal channel is center, green and red "zones" could be used as potential entry/exit areas, and the outside yellow zones may be viewed as extremes (signifying potential breakouts or strong reversal areas).
(NKC) MTF Squeeze Pro MultiTimeframe Squeeze Momentum Pro
Dots indicate squeeze
Fills indicate momentum
4x ATR of the Lows by CanUk101Plots 4 Keltner style channels above and below an EMA to allow overbought and oversold interpretation and assess volatility
Fancy Bollinger Bands [BigBitsIO]This script is for a Bollinger Band type indicator with as many features as I can possibly fit into a Bollinger Band type indicator.
Features:
- A single custom moving average serving as the middle band.
- Standard MA inputs.
- MA type.
- MA period.
- MA price.
- MA resolution (time frame).
- Visibility toggle.
- MA Candle Type
- Fancy MA inputs.
- Toggle to show only candles included in the MA calculation ("Highlight inclusion") or display entire MA history.
- Toggle to show a ghost trail when Highlight inclusion is toggled on. Displays a shaded version of past MA history before the inclusion period (as seen on snapshot).
- Toggle to show forecast values for the MA.
- Other inputs related to forecasting:
- Forecast bias. (Neutral forecasts MA if the current price remains the same.)
- Forecast period.
- Forecast magnitude.
- Toggle showing details on the screen
- Toggle the visibility of the fill between the upper and lower bands.
- Toggle to use ATR instead of the standard deviation to calculate the location of the upper and lower bands.
- Custom input for the ATR period.
A couple of quick notes. The label will only show up if toggled on, and will always show above the highest of either the candle high or upper band. The fill colors are based on the level of %B currently on the indicator. Higher levels are green, and brighter green, while lower levels are red and brighter red. The fill is lighter in shadow areas to reflect their status as not being included in the middle band calculation.
*** DISCLAIMER: For educational and entertainment purposes only. Nothing in this content should be interpreted as financial advice or a recommendation to buy or sell any sort of security or investment including all types of crypto. DYOR, TYOB. ***
CBG Keltner ChannelsKeltner Channel with the following Moving Average types: SMA, EMA, Weighted, Hull, Symmetrical, Volume Weighted, Wilder and Linear Regression. Plus 2 bands with full color shading.
The picture shows the Keltner channels with the Wilder MA, my favorite. See how easy it would have been to stay in the move down? Excellent indicator.
(JS) Squeeze Pro OverlaysSo this was something I planned on doing in the future, I knew it would take some time to put together but here it is, the Squeeze Pro 2 Overlays.
On my original Squeeze Pro, I had made several overlay indicators to go along with it, this time my goal was to combine all that stuff into a single indicator and allow the user to turn on and off the specific features they'd prefer to use. The version illustrated in the preview has everything turned on. What is "everything"? Here's the breakdown...
First of all - the color schemes in the Squeeze Pro match the color schemes in the Overlays indicator, so you can match them up (Color Scheme 3 in example). There are 6 schemes, option 1 is the original Squeeze colors.
There's also an option to make the light squeeze black, rather than white. This is for people who aren't using Dark Mode. It will flip all white to black, to make your charts better to read!
So there are 4 main overlays that can be switched on and off with this indicator, they include;
1. Early Signal Candles
2. BBMA Basis Line
3. Bollinger Bands/Keltner Channel Breaches
4. Signal Arrows
Early Signal Candles
The Early Signal Candles have two parameters, the entry smoothing period and the exit smoothing period.
There is a different type of early entry signal for each type of squeeze.
Low Squeeze generates white dots on the highs of the candles.
Mid Squeeze generates a lime green candle (or purple candle in color scheme 3).
High Squeeze generates a bigger purple circle on the high of the candle.
These three signals are made to mimic the original Early In/Out Candles from John Carter and represent the same thing (they work the same way).
As for the early exit, that would be determined by the color of the candle vs the color of the squeeze, works the same way as the original as well.
BBMA Basis Line
The BBMA (Bollinger Bands Momentum Average) was a moving average I had made to use with the squeeze on the previous version.
It is the basis line of the BB and KC used to make up the Squeeze (a 20 SMA). There are 4 different colors to it on this version.
1. Orange - This means no squeeze.
2. White/Black - Low Squeeze
3. Red - Mid Squeeze
4. Yellow - High Squeeze
You'll also notice these colors are light and dark in different spots - this is a representation of whether the Bollinger Bands are expanding or contracting. Dark means expanding, light means contracting.
Bollinger Bands/Keltner Channel Breaches
This is a pretty simple feature. If there is an ongoing squeeze, and a candle closes above or below the Bollinger Bands or Keltner Channels, a circle appears at the top or the bottom of the chart telling you which way the channel has been breached.
Signal Arrows
This is what makes up most of the overlay indicator. If you turn it on, the default is set to work just like the original. There are lots of options with this though.
First, you can turn each type of Squeeze Arrow on or off by checking/unchecking the boxes for them.
Now allow me to explain the "Signal Length", as there are several options.
The default is "6 Dots", this generates a signal when a particular type of Squeeze reaches the 6th dot ("12 Dots" works the same way).
"End of Squeeze" generates a signal once a type of Squeeze has concluded.
"End of Early Signal" generates a signal when the early dots (or candle) finishes.
"Custom" allows you to select your own dot duration to produce a signal, you select that number in the field below.
The other portion of this is the "Signal Type", this is where you select how each signal is generated once the selected amount of time takes place.
The default is the same as the original "+/-", this generates a signal based on whether Squeeze momentum is positive or negative.
"Rising/Falling" will only generate a signal if the Squeeze momentum maintains consistently over the last 6 bars.
"Crossed Zero" only generates a signal if the Squeeze momentum crosses above or below the zero line.
"Basis Line Momentum" is based on the BBMA. A signal is generated based on whether the current candle closes above or below the basis line.
"Divergence" only generates a signal if there is a divergence signal present at the time of the signal.
"Current Momentum" generates a signal based simply on the current direction of Squeeze momentum.
"Sum of Change" generates a signal based on the sum of the change in the Squeeze momentum being positive (long) or negative (short) over the length of time you select in the "Sum of Change Length" field.
Then "Combo" tries to take a look at everything and generates a score based on these parameters. Positive score = long, negative = short.
I hope I gave a detailed enough explanation on how everything works, let me know if you have any questions! Hope you like it!
Keltner | Bollinger | SqueezePercent B (%B), it's derivation Percent K (%K) and squeeze indicator combined in one.
blue line = bollinger %
orange line = keltner %
red background = squeeze*
squeeze = bollinger bands are inside (encapsulated by) keltner channel
KeltnerModified + DonchianColoredKeltner Channel + color coded candles when making new Donchian highs/lows
Zero Lag Keltner ChannelsThis 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.
Adam H Grimes - Keltner Channels with Day's High & LowThe indicator shows the day's high and low along with the Keltner Channels.
Keltner Channel Period - 20
Keltner Channel Multiple - 2.25