Exponential Keltner Channel

Category: Indicators By: lolo Created: October 12, 2015, 7:55 PM
October 12, 2015, 7:55 PM
Indicators
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KC indicator calculated with exponential average.

Parameters

Period (Period = 21)

Factor (Factor = 1.5)

MiddleMovingAverage=ExponentialAverage[ Period](close)
UpperKchannel=MiddleMovingAverage+Factor*AverageTrueRange[Period](close)
LowerKchannel=MiddleMovingAverage-Factor*AverageTrueRange[Period](close)

Return MiddleMovingAverage AS"MiddleBand", UpperKchannel AS"UpperKC", LowerKchannel AS"LowerKC"

Download
Filename: Exponential-Keltner-Channel.itf
Downloads: 171
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As an architect of digital worlds, my own description remains a mystery. Think of me as an undeclared variable, existing somewhere in the code.
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