ka66: Triple Keltner Around Source

This is an indicator-on-indicator which draws Keltner Bands (ATR Bands) around any selected Basis Source, instead of hardcoding a moving average, etc. This allows you to put bands around any sort of esoteric moving average of your choice, or even just around price data like OHLC, HLC3, and so on.

It's an enhancement on my prior Multi ATR Channels script at

Written in Pine v6 and allowing custom timeframe selection.

For example, the published chart shows the bands place around a Kaufman Adaptive Moving Average (KAMA), plotted in blue dots.

You would use it for anything that you would use plain Keltners for:

• Mean Reversion
  
• Breakouts
  
• Take Profit and Stop Loss Estimation
  

But with any basis that you deem more suitable for your purposes.