WARNING: despite of strategy doesn't use future data (not repaints) it doesn't consider broker`s commissions, which can be harmful for real life high frequency trading. Strategy will definitely fail on non-ordinary security behavior. But if new behavior will get stable, tuned params should make strategy profitable again.
This is the second version of this...
WARNING: despite of strategy doesn't use future data (not repaints) it doesn't consider broker`s commissions, which can be harmful for real life high frequency trading.
Strategy works well on ES futures short bars like 1min.
A cleaner aesthetic and an introduction to the indicator's uses.
I would also be very appreciative of any Keltner Channels related ideas or concepts you may have run across to add features to this indicator.
**** [Edit: New version (v02) posted, see the comments section for the code *****
Simple strategy. You only consider taking a squeeze play when both the upper and lower Bollinger Bands go inside the Keltner Channel. When the Bollinger Bands (BOTH lines) start to come out of the Keltner Channel, the squeeze has been released and a move is about to take place.
I...
![SPY: [RichG] Easy MTF Strategy](https://s3.tradingview.com/z/zeMUHHOD_mid.png "[RichG] Easy MTF Strategy")
