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You liked the script? Try it in the MetaTrader 5 terminal
- Views:
- 20993
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- Published:
- 2016.10.31 13:20
- Updated:
- 2016.11.22 07:32
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In the original Keltner channel used simple moving
average (SMA) and it uses ranges for bands calculation (not average true
range, but average range).
Here are added the most commonly used EMA calculation for middle line too. Additional options are: if you wish to see the middle line or not, if you wish to see bars colored on slope (bars or candles) additional Heiken Ashi prices, and some more.

This is the Leader of the MACD as described by Giorgos E. Siligardos.

There are some additions in this indicator compared with MetaTrader 4-version.

This is an auto-correlation version of Spearman rank indicator.

Parabolic SAR that avoids some of the problems of existing PSAR-indicators and calculates the values correctly.