Brilliant Keltner Channel

This indicator draws the Keltner Channel using the rates chart calculated from any other timeframe.

The available Moving Averages are:

• Simple Moving Average

• Exponential Moving Average

• Smoothed Moving Average

• Linear Weighted Moving Average

• Tillson's Moving Average

Moving Average line is coded into RED or BLUE according to its direction from the previous candle.

Example: User can display the Keltner Channel calculated on the basis of a Daily (D1) chart on a H4 chart.

NOTE: Timeframe must be higher than the current timeframe of the chart, otherwise the indicator will draw nothing.