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nonoyeslearns

EMA Keltner Channel 1D

nonoyeslearns  
Trend Analysis Moving Averages Keltner Channels (KC) Parallel Channel bands
80
1
trendanalysis movingaverage keltnerchannels parallelchannel bands
100/200 EMAs, along with Keltner Bands based off them. Colors correspond to actions you should be ready to take in the area. Use to set macro mindset.

Uses the security function to display only the 1D values.

Red= Bad
Orange = Not as Bad, but still Bad.
Yellow = Warning, might also be Bad.
Purple = Dip a toe in.
Blue = Give it a shot but have a little caution.
Green = It's second mortgage time.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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