It is an indicator that simultaneously displays the Bollinger Bands (BB) and Keltner Channel (KC) calculated for the log scale. * If you need the normal scale version, please turn off the log mode in the settings. I think the usage is the same as normal BB and KC.
From here, it ’s an original way of thinking. I thought about countermeasures for the phenomenon that the BB contracts (squeezes) and breaks, but for some reason it suddenly reverses and breaks greatly in the opposite direction or ends in misfire. The main part of this Inge is KC, and I think that the range within KC is the range. Considering that the bar broke above and below the range of KC and broke, the trend market started. BB fits in KC and judges that the trend is game over
If it is within KC, it is contrarian at the upper and lower limits of KC. If it breaks, Trend following Profit if BB fits in KC I'm thinking about how to use it