TradingView
TheBacktestGuy
28 Feb 2020 pukul 20.25

Zero Lag Keltner Channels 

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Deskripsi

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.

Catatan Rilis

  • 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

Catatan Rilis

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

Catatan Rilis

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

Catatan Rilis

  • 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

Catatan Rilis

Fixed HMA

Catatan Rilis

Fixed range MA input name

Catatan Rilis

  • 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

Catatan Rilis

Multiple timeframe support
Komentar
B1ack-3ird
Amazing Indicator! Using this as confirmation & exits
Wmoura
This is a Great Indicator! Is there a way to import that into a specific plataform? I'm From Brazil and I use ProfitChart.
TheBacktestGuy
@Wmoura, No, Pinescript is for TradingView only.
danieldottavio
Great indicator!
ahldragon
Hello,

Can you help me to modify the script from one platform for trading view. It is the best indicator
TheBacktestGuy
@ahldragon, It is already on TradingView. You mean to convert to other platform? I can't help it, I'm using TradingView only and Python for bots.
ahldragon
@wallneradam, I have a scripts from another platform that use java script. I like it pretty much work pretty good 9 out of 10 win rate I wonder if you can help modify it for trading view.
TheBacktestGuy
@ahldragon, I have written a private message to you.
HarveyK123
So an alarm can be set for it to spot this ? I really like this type of moves when it occurs but alerts are lagging always.
japdhaliwal11
Thank you
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