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【Keltner Channel】
- inputs: Price( Close ), Length( 20 ), NumATRs( 1.5 ), Displace( 0 ) ;
- variables: var0( 0 ), var1( 0 ), var2( 0 ), var3( 0 ) ;
- var0 = AverageFC( Price, Length ) ;
- var1 = NumATRs * AvgTrueRange( Length ) ;
- var3 = var0 + var1 ;
- var2 = var0 - var1 ;
- condition1 = Displace >= 0 or CurrentBar > AbsValue( Displace ) ;
- if condition1 then
- begin
- Plot1[Displace]( var3, "UpperBand" ) ;
- Plot2[Displace]( var2, "LowerBand" ) ;
- Plot3[Displace]( var0, "MidLine" ) ;
-
- if Displace <= 0 then
- begin
- condition1 = Price crosses over var3 ;
- if condition1 then
- Alert( "Price crossing over upper band" )
- else
- begin
- condition1 = Price crosses under var2 ;
- if condition1 then
- Alert( "Price crossing under lower band" ) ;
- end ;
- end;
- end ;
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