I have some code below for TS which utilizes a displaced slowMA. How would I replace this displaced slowMA with a displaced low band of a keltner channel? This one is taxing my brain!!

Thanks

Pi

inputs:
Extension1_Percent(200),
Extension2_Percent(250),
ExtensionColor(red),
ExtensionColorMove(darkre d),
ShowExtensionHistory(true ),
LineLength_Bars(4),
SlowAvgPrice(close),
SlowAvgLength(10),
SlowAvgDisplace(3),
FastAvgPrice(close),
FastAvgLength(5);

variables:
Debug(false),
StartSwitch(false),
SecondSwitch(false),
ThirdSwitch(false),
OriginalLow(0),
Counter(0),
Projection1(0),
Projection2(0),
SlowAverage(0),
FastAverage(0),
TLForeCast(0),
LowBar(99999999),
TL(-1);

//========================= =========
// Calcluation Module
//========================= =========
Once TL = TL_New(Date,Time,0,Date,T ime,0); //Initialized TrendLine
SlowAverage = WAverage(SlowAvgPrice, SlowAvgLength);
FastAverage = WAverage(FastAvgPrice, FastAvgLength);
Counter += 1;
if date <> date[1] then begin //reset conditions on start of day
StartSwitch = false;
SecondSwitch = false;
ThirdSwitch = false;
end;

if SlowAvgDisplace >= 0 or CurrentBar > AbsValue(SlowAvgDisplace) then begin

Pitrader,

your code doesn't show where the displacement is done, but the code for a lower Keltner band is this:

 

Code

inputs: KeltnerPrice( Close ), KeltnerLength( 20 ), KeltnerNumATRs( 1.5 ), KeltnerDisplace( 0 ) ; variables: KeltnerMidline( 0 ), KeltnerATR( 0 ), LowerKeltnerBand( 0 ); KeltnerMidline = AverageFC( KeltnerPrice, KeltnerLength ) ; KeltnerATR = KeltnerNumATRs * AvgTrueRange( KeltnerLength ) ; LowerKeltnerBand = KeltnerMidline - KeltnerATR ; if KeltnerDisplace >= 0 or CurrentBar > AbsValue( KeltnerDisplace ) then Plot1[KeltnerDisplace]( LowerKeltnerBand, "LowerBand" ) ;

Regards,
ABCTG

Thanks for the info ABCTG. I will give it a shot and let you know how it worked out.


Cheers


Pi

Hey ABCTG everything worket out.


Thanks again.


Pi

Pi,

you are welcome and thanks for letting me know.

Regards,
ABCTG