OPEN-SOURCE SCRIPT
Aggiornato Keltner | Bollinger | Squeeze

Percent B (%B), it's derivation Percent K (%K) and squeeze indicator combined in one.
blue line = bollinger %
orange line = keltner %
red background = squeeze*
squeeze = bollinger bands are inside (encapsulated by) keltner channel
blue line = bollinger %
orange line = keltner %
red background = squeeze*
squeeze = bollinger bands are inside (encapsulated by) keltner channel
Note di rilascio
Fixed squeeze calculation.Note di rilascio
Added scaled RSI indicator - let's call it rsi_2 - which is calculated in following way:> rsi_2 = (rsi / 100) - 0.5
RSI is now plotted as histogram, where
- green color = overbought / oversold market
- red color = normal
* This indicator was created primarly for my own purposes, all comments and suggestions are welcome.
Note di rilascio
Added smoothing parameter to %B and %K.Note: Indicator works best with 30min+ time-frames.
Script open-source
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Declinazione di responsabilità
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.
Script open-source
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Declinazione di responsabilità
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.