Keltner | Bollinger | Squeeze

20 thg 3, 2020

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

20 thg 3, 2020

Phát hành các Ghi chú

Fixed squeeze calculation.

21 thg 3, 2020

Phát hành các Ghi chú

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

• green color = overbought / oversold market
  
• red color = normal
  

* This indicator was created primarly for my own purposes, all comments and suggestions are welcome.

22 thg 3, 2020

Phát hành các Ghi chú

Added smoothing parameter to %B and %K.

Note: Indicator works best with 30min+ time-frames.