Multiple-Timeframe Keltner Channel — Indicator by kewbimingle

volatility averagetruerange keltnerchannels mtf multi timeframe parallelchannel moving average kewbie

Keltner Channels are volatility-based envelopes set above and below a moving average first devised by Chester W. Keltner then later revised by Linda Bradford Raschke.
This script allows for the overlay of the Keltner Channel across multiple-timeframes.
Additionally allows for the selection of the true range average type with a user defined lookback period.
Default settings is the traditional type of KC seen on TV.

Note: When inputting the MA-Basis strings it is case sensitive; enter only lowercase or all uppercase. If a typo is made it will by default revert to an EMA base.

Protected script

This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.

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.

Want to use this script on a chart?