Today we have a simple, but endlessly versatile, indicator that plots the X Period High/Low/Mid of your chosen market. Traditionally the 52 week High/Low is used as a breakout signal. However, by changing to an X period, and adding a midway line, we create a more versatile indicator that can be tailored to various markets. By default it's set at 250 periods...
This indicator uses KAMA to adjust the length of a channel according to volatility. A set up is generated when a candle closes below/above the mid point line; this is indicated via the background color. Buy/sell on the break of the high/low of the signal candle. Use the channel top/bottom as a stop (or a close above/below the mid pint line)
Uses donchian points to anchor VWAPs (start a new VWAP interval). The defaults are set up for a 1H chart, with lookback periods of 1 day, 2 days, 1 week, 2 weeks and 4 weeks for the anchor points. Green : upper donchian AVWAPs, Red : lower donchian AVWAPS, thin/1day to thickest/4 week. Option to test whether a new point should be formed from a high or low...
Simple indicator that nased on two donochian bases each calculated slight different with MTF , where we based a faster of 240 min over slower of daily one on each other and we put on lower time frame (30 min, 1 hour or 2 hour ) hence we can see the bullish trend (green ) or bearish trend (green ) more easy can be used as by its own (slight lag ) or with other...
Donchian channels weighted with volume, they are now closer to the price and can cross it.
This model has Donchian channel support and resistance levels if you want to buy and sell according to it then you need to activate the HIGH (resistance =sell) , LOW= support =buy as you can make signal once they occur It has MTF so you can see it in different time frame on your graph
Based on the donchian bollinger that made before , then we can build signal by the channel with alerts , take profit and stop loss
This indicator give as a donchian channel as bollinger when the coin bellow the median the asset is bearish zone and opposite when its above the median you can change the time frame=now on 1440 min and the standart deviation of the donchian as you wish so this model try to make the donchian channel to be more flexible like bollinger to some extent
Introduction There is a lot of indicators similar to this one, however i think this one don't share the same calculation method and this is why i share it. This indicator aim to forecast price direction using an exponential filter architecture using highest and lowest information for the estimation of a smoothing variable. This filter is similar to the average...
Introduction Channels are used a lot on technical-analysis, however most of the them rely on adding/subtracting a volatility indicator to a central tendency indicator, sometimes the central tendency indicator can even be replaced by pure price. A great channel who does not rely on this kind of architecture is the Donchian channels or the quartiles bands. Here i...
Here it a TSI with MTF function , together with Donchian high and low channel the best entry and exit are shown in arrow
This uses a Donchian center line and adds an ATR multiple to generate a channel.
This script uses the last hlc3 value of 1H, 4H, D and/or W and rotates it 360º up/down with four increments of 90º to find out potential support and resistance areas. Can be used as a dynamic support & resistance tool or just to gauge how overbought/oversold the market is. Special thanks to @Nv56 for his assistance in writing this script.
So how to use this very easy system we have two system the first is based on ATR resistance and support and the other based on % channel based on donchian channel The black line is the price line The red lines are % line of the donchian channel (here it set to 2 and 3 % (you can set it any number you want ) this lines are the low end Theblue d lines are % line of...
This indicator is great to detect resistance and support The H and L are based on new high and low formed by Donchian cahnnel , the lines of support and resistance are based on pivot system by the TF you can control the time length of the donchian channel no alert to this system
Using the ratio of donchian channel from early script we can calculate factor Z which is the estimate of the high ratio and the low ratio crossing it with +100 and -100 we can produce the signals with addition on non repaint donchian ratio channel inside the script one can take profit for both long and short , buy again and sell again with stop loss if needed...