Keltner Channels: Free TradingView Indicator (Pine Script)

Add It to Your TradingView Chart

1Copy the scriptPress Copy script above, or the copy button on the code below.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

Source Code

20 lines of Pine Script v5 from Technical-Indicators/Technical Indicators are Here🤩/Keltner-Channels.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.

Keltner-Channels.pine

//@version=5
indicator(title="Keltner Channels", shorttitle="KC", overlay=true, timeframe="", timeframe_gaps=true)
length = input.int(20, minval=1)
mult = input(2.0, "Multiplier")
src = input(close, title="Source")
exp = input(true, "Use Exponential MA")
BandsStyle = input.string("Average True Range", options = ["Average True Range", "True Range", "Range"], title="Bands Style")
atrlength = input(10, "ATR Length")
esma(source, length)=>
    s = ta.sma(source, length)
    e = ta.ema(source, length)
    exp ? e : s
ma = esma(src, length)
rangema = BandsStyle == "True Range" ? ta.tr(true) : BandsStyle == "Average True Range" ? ta.atr(atrlength) : ta.rma(high - low, length)
upper = ma + rangema * mult
lower = ma - rangema * mult
u = plot(upper, color=#2962FF, title="Upper")
plot(ma, color=#2962FF, title="Basis")
l = plot(lower, color=#2962FF, title="Lower")
fill(u, l, color=color.rgb(33, 150, 243, 95), title="Background")

Overview

Keltner Channels builds a basis from an exponential or simple moving average of a chosen source, then places upper and lower bands a multiplier away from that basis. Band width uses average true range, true range, or a smoothed high-low range, depending on the selected bands style. Length, multiplier, source, moving-average type, and ATR length change the channel. It fills the area between the bands and does not generate entries or exits.

Exponential or simple moving average basis
ATR, true range, or range band width
Upper, basis, and lower plots
Shaded channel fill
Adjustable length and multiplier

Details

Published by

TWODS-CAPITAL on GitHub

Type

Indicator, Pine Script v5

Draws

On the price chart

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.

File

Technical-Indicators/Technical Indicators are Here🤩/Keltner-Channels.pine

Repository

github.com/TWODS-CAPITAL/Trading-View-Indicators. See its other scripts in the library

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

Setting	Type	Default	Variable
length	`int`	`20`	`length`
Multiplier	`float`	`2.0`	`mult`
Source	`source`	`close`	`src`
Use Exponential MA	`bool`	`true`	`exp`
Bands Style	`string`	`Average True Range`	`BandsStyle`
ATR Length	`int`	`10`	`atrlength`

Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.

Similar Pine Scripts

Hampel Filter

by everget

948

The Hampel Filter indicator identifies and filters out price outliers to smooth price data directly on the main chart. It calculates the rolling median and Median Absolute Deviation (MAD) of the chosen source series over a specified length. When a data point e

Indicator v4 Moving averagesVolatility & bands

Updated 10 days ago · GPL-3.0

Momentum Setup: Vijay Thakare Option Buying Scalping Setup

by ArunKBhaskar

575

This overlay indicator plots a Supertrend from an ATR length and factor, four exponential moving averages, and a selectable VWAP or TWAP taken from a chosen timeframe on the price chart. It also shows MACD and stochastic with adjustable lengths, smoothing, ver

Indicator v5 Oscillators & momentumMoving averages

Updated 1 year ago · MPL-2.0

Bollinger Bands Winner IND [Alorse]

by Alorse

330

This indicator plots trade entry and exit signals on the price chart by combining Bollinger Bands with optional filter conditions. It calculates standard Bollinger Bands along with RSI, Aroon, and moving average filters. Reversal signals trigger when price bre

Indicator v4 Volatility & bandsOscillators & momentum

Updated 2 months ago · None stated

Multiple Moving Averages

by namuan

318

This indicator plots four customizable moving averages directly on the main price chart using default lengths of 3, 8, 21, and 50 periods. It fills the space between adjacent averages in green or maroon depending on trend alignment. Additionally, it computes B

Indicator v5 Moving averagesTrend

Updated 2 months ago · MIT

NVDA Trend Ribbon

by longsurf-ai

277

This indicator plots three exponential moving averages and ATR volatility envelopes on the price chart. It compares the fast and slow EMAs to shade a trend ribbon and marks confirmed upward and downward crossovers with triangle labels. Settings change the thre

Indicator v6 TrendMoving averages

Updated yesterday · MIT

Algo AVT

by ricardosantos79

261

This indicator calculates an outlier-filtered moving average based on statistical filtering concepts. It stores close prices in a rolling array over a user-defined length, calculates the mean and standard deviation, and excludes values falling within a specifi