Zero Lag Keltner Channels

This 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.

Notes de version

dynamically colorized center line
dynamically colorized background: it will be green if all lines are green, red if all lines are red and gray otherwise
cleaned and commented code

Notes de version

You can now select between Zero Lag EMA (ZLEMA) and Hull MA, which is similar low lag and smooth moving average.

Notes de version

Added ALMA (ARNAUD LEGOUX MOVING AVERAGE) to selectable moving average types
It measures the width of the channel and print it with blue color

Notes de version

Use function for MA selection
Different MAs for base line and range (ATR)
Added lagging moving averages for reference (SMA, EMA, RMA)
It can remove outliers by using stdev for True Range, the same idea as in my other indicator: "ATR Without Outliers" (ATRWO)
Fixed plotting channel width into data window only (TradingView removed the original method I used)
Added ATR into data window

Notes de version

Fixed HMA

Notes de version

Fixed range MA input name

Notes de version

Uses my TAExt library
Support different sources for upper and lower bands
More MAs, also lagging ones, but this makes a whole lot of usage possibilities (e.g. dynamic support resistance cloud)
Setting look back period for trend coloring is now possible
Ability to turn off trend colors if you use it just for stop and take profit levels or S/R cloud
Parameter grouping and tooltips

Notes de version

Multiple timeframe support

Script open-source

Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.

PyneSys

PyneCore (pynecore.org) - open-source Python framework with Pine Script compatibility.
PyneComp (pynesys.io) - deterministic (not AI) Pine Script compiler to Python

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Script open-source

PyneSys

PyneCore (pynecore.org) - open-source Python framework with Pine Script compatibility.
PyneComp (pynesys.io) - deterministic (not AI) Pine Script compiler to Python

Aussi sur: