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Distance Bands Oscillator_KT
█ OVERVIEW
This tool is based on both Bollinger Bands and Keltner Channels, and measures 3 distances between the two, respectively.
Similar to the Band Width indicator, this can be used as a measure of volatility, and can be used to measure uptrend, downtrend and chop regions on a given chart.
Happy Trading,
ET
This tool is based on both Bollinger Bands and Keltner Channels, and measures 3 distances between the two, respectively.
- Upper Kelt to Upper Bollinger Band
- Lower Kelt to Lower Bollinger Band
- Kelt Basis to Bollinger Basis Basis
Similar to the Band Width indicator, this can be used as a measure of volatility, and can be used to measure uptrend, downtrend and chop regions on a given chart.
Happy Trading,
ET
Eric Thies
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