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.
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.
Versionsinformation:
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.
Versionsinformation:
Added offset parameter to show box from previous bars.
Versionsinformation:
Plot changes:
* named all lines
* showing values for hidden lines in status line and data window
* named all lines
* showing values for hidden lines in status line and data window