OPEN-SOURCE SCRIPT
Updated KAMA Fibonacci Bands [DW]
This study is an experimental combination of the Kaufman Adaptive Moving Average with ATR and Fibonacci percentages.
Release Notes
Minor, but important update:Added an adjustable ATR multiplier parameter.
Release Notes
Updates:After some careful review, I noticed the previous version was actually reflecting OHLC/4 SMA values, rather than KAMA values. This version actually reflects KAMA values.
ATR sampling period is now linked to the sampling period parameter.
Bar colors are now included. The color scheme is based on the direction of the KAMA.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For my full list of premium tools, check the blog:
wallanalytics.com/
Reach out on Telegram:
t.me/DonovanWall
wallanalytics.com/
Reach out on Telegram:
t.me/DonovanWall
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For my full list of premium tools, check the blog:
wallanalytics.com/
Reach out on Telegram:
t.me/DonovanWall
wallanalytics.com/
Reach out on Telegram:
t.me/DonovanWall
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.