Elder Force Index with Lavorn Channels by CanUk101
Updated
This indicator adds channels based on bollinger bands to Elders Force Index to mimic the Lavorn ATR Channel concept.
Credit for original concepts to Alexander Elder and Kerry Lavorn.
(improvement potential - change out Bollinger bands for Average True Range. Please let me know if you change the code to achieve this).
Credit for original concepts to Alexander Elder and Kerry Lavorn.
(improvement potential - change out Bollinger bands for Average True Range. Please let me know if you change the code to achieve this).
Note
Spelling error: Correct Lavorn to Lovvorn
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.