PROTECTED SOURCE SCRIPT
Rumpy's McGinley's Dynamic Bollinger Bands and Keltner Channel
Uses volume weighted (optional) applied to the McGinley Dynamic for the basis of either a Bollinger Band or Keltner Channel.
When volume weighting is enabled it uses a volume weighted standard deviation to calculate the bollinger width.
Keltner channel also uses the McGinley formula to calculate the ATR used to determine the width of the channel.
Both the 1x and 2x standard dev and ATR multiples had significant PA interaction so both intervals are plotted to the BB and KC.
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If you find it useful please consider a tip/donation :
BTC - 3BMEXEDyWJ58eXUEALYPadbn1wwWKmf6sA
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Keltner Channel :
When volume weighting is enabled it uses a volume weighted standard deviation to calculate the bollinger width.
Keltner channel also uses the McGinley formula to calculate the ATR used to determine the width of the channel.
Both the 1x and 2x standard dev and ATR multiples had significant PA interaction so both intervals are plotted to the BB and KC.
---------------------------------------
If you find it useful please consider a tip/donation :
BTC - 3BMEXEDyWJ58eXUEALYPadbn1wwWKmf6sA
---------------------------------------
Keltner Channel :
Script protegido
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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Script protegido
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.