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10. Jan. 2021 03:29
Donchian Channel - Pivot High-Low
OANDA:AUDUSD
1D
AUD/USD
OANDA
Beschreibung
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10. Jan. 2021 03:29
Combining Pivot High Low and Donchian Channel - both of which are useful indicators for trend following.
Donchian Channel shows highest and lowest prices for X number of bars.
Pivot High-Low identifies when price made new Highs and Lows
Applying Donchian Channel on Pivot High-Low channel, we are plotting highest and lowest pivots formed in X bars.
In this indicator, we have 3 options for
Channel Base
:
Price
: This is regular Donchian channel based on High-Low Price
Pivots
: This is Donchian channel based on pivot points.
Combined
: Combines both. Takes highest of Price and Pivots for plotting high, lowest of Price and Pivots for plotting low
Versionshinweise
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16. Jan. 2021 23:31
Added pivot L and R option
Donchian Channels (DC)
High-Low Index
pivothigh
pivotlow
combinationindicator
Kommentare
firatkilic
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29. Sept. 2021 16:52
Thank you. Possible to add selectable time frames ?
UnknownUnicorn6774437
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22. Febr. 2021 12:26
Thank you master!
justinsandell
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24. Jan. 2021 21:20
I will try this out thank you
coolkal01
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31. Jan. 2023 11:39
This seems defective Catches the high DC but low DC not in accordance with low pivots
EmmsCamacho
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16. Nov. 2022 02:13
youre awesome
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