This article introduces the principles and applications of the Keltner Channel as a technical analysis tool. The Keltner Channel combines the analysis of price volatility and trading volume to identify market trends and turning points. The article also provides an improved version of the code on the TongdaXin platform, making this indicator more accurate and useful in stock market technical analysis.
Historical volatility is an indicator that measures the price fluctuations in the stock market. It reveals the true pulse of the market by calculating the average deviation between financial instruments and their average prices. Hull Moving Average (HMA) is a fast and smooth technical indicator that provides a smooth and efficient analysis of market dynamics through a special calculation method. Understanding and using HMA can help traders capture subtle changes in market trends and select appropriate trading opportunities.
Historical volatility is an indicator that measures the price fluctuations in the stock market. It reveals the true pulse of the market by calculating the average deviation between financial instruments and their average prices. High volatility implies high-risk and high-return opportunities, while low volatility suggests relatively fewer profit opportunities. Traders can find their suitable volatility levels by comparing the volatilities of different securities and utilizing other technical analysis tools.
The document introduces the Fisher Transform, an indicator used in market analysis to capture price reversals. It explains the background and working principle of the Fisher Transform, as well as its strengths and weaknesses. The document also provides advanced techniques for using the indicator and includes the code implementation in Pine Script language.