Keltner Platform

3 thg 7, 2020

This script gives you the information on Keltner Channels in three or four different timeframes. I usually like to put the information from high-timeframe charts on the lower ones to see the bigger picture without switching. Keltner Platform gives you the idea of how far the price is from its moving average in the true range units.

BLACK - daily
GREEN - 4h
RED - 1h
ORANGE - 15 m if the timeframe is below 1h

How to remember colours? Black is ground, green are plants growing on it, red is the flame, orange is lower temperature flame. This is how they should be settled when all timeframes are in an early uptrend.

You can use different MA types for calculation, simple is recommended (by me).

Have a great trade!