Adaptive Donchian Channel

This is Slight modified version of Donchian channel. Only change here is, channels update only when there is breakout. If price keeps ranging within channel, it will not contract based on new highest and lowest range.

This can be used for identifying powerful breakouts post long consolidation and filter out fakeouts.

Versionshinweise:

Added option to apply on external source

Versionshinweise:

Updated to V5