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KPOS (Keltner Position)

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Shows closing prices relative to dynamic keltner channel (STARC bands), normalized as oscillator. Default settings are same as Adam H Grimes' who has posted some statistics on the bands. KPOS values show position of closing price relative to lower bands (as a percentage), such that 0 = lower band, 50 = ema (midpoint), and 100 = upper band. Bands can be widened or narrowed by adjusting ATR Multiple. Best used with confluence of support and resistance to identify momentum breakouts, continuations, and divergences.
Note di rilascio
Shows closing prices relative to dynamic keltner channel ( STARC bands ), normalized as oscillator. Note the position of closing prices in purple channel above compared to oscillator position. Default settings are same as Adam H Grimes' who has posted some statistics on the bands. KPOS values show position of closing price relative to lower bands (as a percentage), such that 0 = lower band, 50 = ema (midpoint), and 100 = upper band. Bands can be widened or narrowed by adjusting ATR Multiple. Best used with confluence of support and resistance to identify momentum breakouts, continuations, and divergences.

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