OPEN-SOURCE SCRIPT
Distance Bands Oscillator_KT
█ OVERVIEW
This tool is based on both Bollinger Bands and Keltner Channels, and measures 3 distances between the two, respectively.
Similar to the Band Width indicator, this can be used as a measure of volatility, and can be used to measure uptrend, downtrend and chop regions on a given chart.
Happy Trading,
ET
This tool is based on both Bollinger Bands and Keltner Channels, and measures 3 distances between the two, respectively.
- Upper Kelt to Upper Bollinger Band
- Lower Kelt to Lower Bollinger Band
- Kelt Basis to Bollinger Basis Basis
Similar to the Band Width indicator, this can be used as a measure of volatility, and can be used to measure uptrend, downtrend and chop regions on a given chart.
Happy Trading,
ET
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Eric Thies
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Eric Thies
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.