OPEN-SOURCE SCRIPT
Donchian Trend Signals
Actualizado
The Donchian Trend Signals is an indicator developed to help traders identify the current trend direction and potential liquidity grabs.
The usage of the indicator is very simple, on the chart you'll see a modified version of the classic and popular Donchian channel, calculated using the closing prices, that changes the color of the average middle line to indicate the direction of the current trend. The indicator also colors the candlestick.
Using the option "Complex Mode" will give your indicator additional data by changing the calculation method. These changes make the lines become the average between different lengths of the same Donchian channel formula.
Additionally, the indicator plots on the chart some buy or sell signals, displayed as diamonds above or below the candles. The signals are calculated to find potential liquidity grabs using the wicks, the true range of the candles, and the volume compared to his average value.
The usage of the indicator is very simple, on the chart you'll see a modified version of the classic and popular Donchian channel, calculated using the closing prices, that changes the color of the average middle line to indicate the direction of the current trend. The indicator also colors the candlestick.
Using the option "Complex Mode" will give your indicator additional data by changing the calculation method. These changes make the lines become the average between different lengths of the same Donchian channel formula.
Additionally, the indicator plots on the chart some buy or sell signals, displayed as diamonds above or below the candles. The signals are calculated to find potential liquidity grabs using the wicks, the true range of the candles, and the volume compared to his average value.
Notas de prensa
Breakout signals added: Breakout occurs whenever the closing price crosses above or below the Donchian lines. The color of the breakout signals, displayed as triangles in the direction of the breakout, depends on the decisiveness of the candle responsible for the breakout.Notas de prensa
Added the option to use Closing prices instead of Highs and LowsScript de código abierto
Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.