Keltner | Bollinger | Squeeze
Percent B (%B), it's derivation Percent K (%K) and squeeze indicator combined in one.
blue line = bollinger %
orange line = keltner %
red background = squeeze*
squeeze = bollinger bands are inside (encapsulated by) keltner channel
blue line = bollinger %
orange line = keltner %
red background = squeeze*
squeeze = bollinger bands are inside (encapsulated by) keltner channel
Sürüm Notları:
Fixed squeeze calculation.
Sürüm Notları:
Added scaled RSI indicator - let's call it rsi_2 - which is calculated in following way:
> rsi_2 = (rsi / 100) - 0.5
RSI is now plotted as histogram, where
* This indicator was created primarly for my own purposes, all comments and suggestions are welcome.
> rsi_2 = (rsi / 100) - 0.5
RSI is now plotted as histogram, where
- green color = overbought / oversold market
- red color = normal
* This indicator was created primarly for my own purposes, all comments and suggestions are welcome.
Sürüm Notları:
Added smoothing parameter to %B and %K.
Note: Indicator works best with 30min+ time-frames.
Note: Indicator works best with 30min+ time-frames.