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jasondhadley
Dec 22, 2016 10:42 PM

Keltner Channels Trending Squeeze 

Description

Dark green cloud indicates long term up trend
Light green cloud indicated short term up trend within long term uptrend
Light red could indicates long term downtrend
Dark red indicates short term downtrend

Green circles indicate upward trend overall
Red circles indicate downward trend overall
Orange circles indicate possible squeeze building. THe longer the squeeze the more drastic a price change once it breaks out either direction.

Version 1 of this script. Currently working on 2.
Comments
jasondhadley
Version 3 of the Indicator has been released here: tradingview.com/script/p1LgiaWj-Keltner-Channels-Trending-Squeeze-V3/
snbhujle
@jasondhadley, this works really well with my almost all my watchlist stocks. Please can you share the script so that I can add my customized alerts or any any workaround that will help me set alerts based on the cloud formation?
jasondhadley
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