ATR Bands and/or Keltner Channels With more complete set of options.

MatDerKater

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Oct 19, 2020
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I like to use 14 period ATR 0.75 bands, calculated from the candle high for stop loss levels on short trades, and calculated from the low for the stop loss level on long trades.

ATR bands in MW only allows to be calculated from the Close. : (

Alternatively, I could use Keltner Channels with a 1 period moving average and a 14 period moving average, and Upper and Lower Ranges of 0.75 to achieve the same effect....BUT....the Keltner Channels in MW doesn't allow for either the upper band or lower band to be disabled, leaving a mess from the band(s) that I don't want in the study.

Basic stuff that is frustrating that I can't do on MW......(and yep, no bother at all on TV, where I have it setup on charts I quickly refer to when wanting to quickly eyeball where my SL needs to be).

A hot key configuration option to switch between candle types would also be nice feature, and one I am sure many users would make use of (I think switching between Heiken Ashi and Jap candles is fairly common).
 
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