3 Attachment(s)
Keltner Bands Stop and Supertrend Stop
Hi all,
I have modified the Igorad Bbands_stop_v3 Indicator .
Just change Standard deviation by average true range.
-DeviationLength = period of Average True Range
If you choose Ma_length = 1 and UpBandPrice =4 (medianprice) and LoBandPrice=4 : you have the Supertrend (O. Seban).
Hoping this indicator can help someone.
Regards.
Attachment 782
Attachment 812
Building and testing Keltner Channel trading systems
Quote:
The concept of volatility in the financial market is very important to understand and to make it work in your favor when you are trading in the market. The main purpose of this article is to help you save time by providing you with many test results for trading systems based on the concept of volatility using the Keltner Channel technical indicator to find out how it can work as part of your complete system to measure volatility or take action under certain conditions concerning this important concept.
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