Auto trend channel based on donchian or standard deviation.
A Double Exponential Moving Average (DEMA) with three sets of channel lines each one Average True Range (ATR) apart, above and below the DEMA. Similar to my "ATR Channels" indicator, but using a DEMA instead of an EMA for the base. In addition, this indicator also plots a fast DEMA as well as a fill between the two. Fully customizable, you can toggle both DEMAs,...
Donchian channels weighted with volume, they are now closer to the price and can cross it.
Introduction Channels are used a lot on technical-analysis, however most of the them rely on adding/subtracting a volatility indicator to a central tendency indicator, sometimes the central tendency indicator can even be replaced by pure price. A great channel who does not rely on this kind of architecture is the Donchian channels or the quartiles bands. Here i...
Draws a channel based on ATR (Average True Range) and RSI. Detects band touches and colors the background appropriately.
This is a simple Day Trade indicator, but can be used for swing and long term trades. It is based on Donchian Channels to detect trend and point out resistance or support breakouts using arrows. The bars ared colored when a breakout occurs. When a resistance breakout occurs the current and the next bars are colored green (default) and when a support breakout...
The Keltner Channel, a classic indicator of technical analysis developed by Chester Keltner in 1960. The indicator is a bit like Bollinger Bands and Envelopes. WARNING: - This script to change bars colors.
The Keltner Channel, a classic indicator of technical analysis developed by Chester Keltner in 1960. The indicator is a bit like Bollinger Bands and Envelopes.
This indicator try to create a channel by summing a re-scaled and readapted sinusoidal wave form to the price mean. The length parameter control the speed of the sinusoidal wave form, this parameter is not converted to a sine wave period for allowing a better estimation, higher length's work better but feel free to try shorter periods. The invert parameter...
Shout out to nPE- for the idea. Bands made with stdev from 10 day OHLC. Keeps resolution to daily, so you can use bands as daily pivots for day trading. Upper band 1=yesterday close + 0.5 std(ohlc,10) Upper band 1=yesterday close + 1 std(ohlc,10) Mid=yesterday close Lower band 1=yesterday close - 0.5 std(ohlc,10) Lower band 2=yesterday close - 1 std(ohlc,1
Basic high and low channels, allows for two high and two low channels of specified lengths. Use for channel breakout trades, basic idea is to go long when the longer high channel is broken and close when shorter low channel is broken, vice versa for shorts Feel free to leave me a tip if you like this script: 1MprT7YEEWaM6bUcpD7eeHM3Ht8n3R5jP1
Highest High and Lowest Low channel Strategy You can change long to short in the Input Settings Please, use it only for learning or paper trading. Do not for real trading.
Highest High and Lowest Low channel Strategy
Канал Дончиана с регулируемым сдвигом, он же Price Channel. Для тех кто любит стратегию черпах, черпаховый суп и для поклонников комплексного анализа фибоначчи Першикова.
Plots three Average True Range channels as described in Alexander Elder's "The New Trading for a Living". You can adjust the EMA and ATR days that are the basis of these channels. This is my first script – happy to get any feedback on this! Thanks :)