OPEN-SOURCE SCRIPT

Distance Bands Oscillator_KT

1 668
█ OVERVIEW
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

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.