Band Walk

Band Walk turns the band walk (price persistently closing along one outer envelope band during a strong trend) into a confirmed, alertable state, written as the concept's first dedicated build. It draws a Bollinger Bands or Keltner Channel envelope (Midline, Upper Band, Lower Band), confirms a walk once enough band closes land inside a short window with the channel geometry agreeing, and manages the state bar by bar. A dashboard reports walk direction, bars ridden, band closes, midline holds, and whether the opposite band is bending away.

How to Trade the Band Walk?

• Walk ▲ / Walk ▼ label: the required band closes just completed with the midline sloping the same way, trend strength that argues for continuation tactics, not fades.
• Midline pullback markers: a dip that tags the midline and closes back in the walk's direction is the classic continuation spot; its alerts fire even while markers are hidden.
• ✕ label: the walk ended: a first close across the midline, or too many closes failing to reach the band. Deceleration first; reversal needs separate evidence.

Band Walk Settings

• Channel Type (default Bollinger Bands): envelope the walk is read on; Keltner Channel uses ATR bands around an EMA.
• Length (default 20): basis length of the channel.
• Source (default close) and Multiplier (default 2): input series and band distance.
• ATR Length (default 10): Keltner Channel mode only.
• Band Closes to Confirm (default 3): closes required before a walk confirms.
• Detection Window (default 5): bars those closes must fall within.
• Midline Slope Filter (default enabled): midline must tilt with the walk.
• Opposite Band Filter (default disabled): far band must also bend away from price.
• Max Closes Off the Band (default 5): consecutive misses that end an active walk.
• Dashboard and style toggles cover the panel, labels, pullback markers, gradient fill, and background tint.

Frequently Asked Questions

Can the Band Walk be used to fade outer-band touches?

How many band closes should confirm a walk?

Does the ✕ label mean the trend reversed?