Donchian Channel Trend Intensity [DW]

2018년 1월 7일

This is an experimental study designed to analyze trend intensity using two Donchian Channels.
The DCTI curve is calculated by comparing the differences between Donchian highs and lows over a major an minor period, and expressing them as a positive and negative percentage.
The curve is then smoothed with an exponential moving average to provide a signal line.

Custom bar colors included with two coloring methods to choose from.

2019년 1월 13일

릴리즈 노트

Updates:

Cleaned up the code. Condensed the operations into a function.

Bar color selection is now an easy to use dropdown menu.