Donchian Channels (Close)

This indicator shows Donchian Channels based on close prices only. Additionally, a box with the bands and the center line for the last bar can be shown.

The center line, the bands and the box can be hidden independently.

Four periods are being shown at the moment, but the indicator is easily extensible with copy and paste.

릴리즈 노트

Added lines showing where price momentum flips between bullish and bearish. Enabled by default for the two longest periods but can be switched on for all.

릴리즈 노트

Added offset parameter to show box from previous bars.

릴리즈 노트

Plot changes:
* named all lines
* showing values for hidden lines in status line and data window

오픈 소스 스크립트

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

For quick access on a chart, add this script to your favorites — learn more here.

danilogalisteu

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