Rumpy's McGinley's Dynamic Bollinger Bands and Keltner Channel — Indicator by rumpypumpydumpy

bollingerbands keltnerchannels volumeweighted keltnerchannel

Uses volume weighted (optional) applied to the McGinley Dynamic for the basis of either a Bollinger Band or Keltner Channel.

When volume weighting is enabled it uses a volume weighted standard deviation to calculate the bollinger width.

Keltner channel also uses the McGinley formula to calculate the ATR used to determine the width of the channel.

Both the 1x and 2x standard dev and ATR multiples had significant PA interaction so both intervals are plotted to the BB and KC.

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Keltner Channel :

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