So how to use this very easy system
we have two system the first is based on ATR resistance and support and the other based on % channel based on donchian channel
The black line is the price line
The red lines are % line of the donchian channel (here it set to 2 and 3 % (you can set it any number you want ) this lines are the low end
Theblue d lines are % line of...
Do you want to know
This indicator is a modified form of Bollinger Bands.
It works in a similar way like BB does. If you take a look at the "line" chart, you will clearly see, that a close outside these bands is very unlikely and works very well as a rejection line for the chart.
Since, the chart is likely to get rejected at the bands those have been...
This indicator is great to detect resistance and support
The H and L are based on new high and low formed by Donchian cahnnel , the lines of support and resistance are based on pivot system
by the TF you can control the time length of the donchian channel
no alert to this system
Using the ratio of donchian channel from early script we can calculate factor Z which is the estimate of the high ratio and the low ratio
crossing it with +100 and -100 we can produce the signals with addition on non repaint donchian ratio channel
inside the script one can take profit for both long and short , buy again and sell again with stop loss if needed...
So this indicator have the following:
1. MTF CCI
2. donochian channel MTF both non repaint mode
buliish and bearish zone determine by ratio of the the donochian cahnnel
enter or exit can be either the bullish or bearish change of color or by cross over or under of the CCI
or combination of both
The high max and low max of the donochian channel show in hilated bar
This indicator give the ratio between the high and low of donochian channel and if we take ratio and add it to each other then we can calculate if it + meaning bullish trend or negative meaning bearish trend
using non repainting MTF we can see the zone of the channel at different time set
we can use this indicator to filter bad signal or make it stand alone...
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 script uses higher and lower swings to generate the resistance(red) and support (green) also the orange color represents the crossunder midline.
It will generate a new sell or buy entry suggestion when the price reject the resistance or the support and the median line it will confirm the trend direction between low high swings in this way you are able to make...
this indicator plots stochastic RSI inside donchian channel.
0% stochastic rsi is coinciding with lower band while 100% stochastic rsi is matched on upper band
River Styx - Modified Donchian Channel with separate adjustments for upper and lower levels, with offset
Blue line = the highest price of the last 14 periods (resistance).
Red line = the lowest price of the last 14 periods (support).
Gray line = middle line between blue and red line.
Green line = exponential moving average of 2 periods of closing price.
This is my first public release of an indicator, free for all to use. There will be a multitude of indicators significantly more complex in the future, still under testing. It's simple purpose is to track highest high in red and lowest low in lime over a specified period of 5 preceding bars by default. The upper and lower banding have independent adjustable period...
This system design for you in order to make you money :) I hope...
1. the donochian channel is based on color of high and low price (easy to see where the bars exist)
2. resitance and support are drawn by bolinger system (black and red dots)
3. buy and sell are based on volume model (B and S ) with alerts
4. when PSAR and the buy or sell are in agrreement this...
RSC TrendTrading Indicator 1.0
This is a combined indicator for those who are familiar with the Short-Term Trading Strategies Class offered at Ready Set Crypto .
This indicator combines 4 indicators as one indicator (assuming you are looking the daily chart):
A Donchian Channel of 20 days (default) or more, used of buy signals
A Donchian Channel of 10...
RSC TrendTrading Indicator 1.0
This is a combined indicator for those who are familiar with the Short-Term Trading Strategies Class offered at Ready Set Crypto .
This indicator combines 4 indicators as one indicator (assuming you are looking the daily chart):
A Donchian Channel of 20 days (default) or more, used of buy signals
A Donchian Channel of 10...
PRO Framework is here to help traders identifying interesting price areas to trade on. This indicator is absolutely not meant to give trading signals, but to filter out those who will have to be avoided when they occur into uninteresting prices.
This indicator has been designed to assist traders who want to learn the PRO Strategy , it's meant to be combined...
In this model we have fib Donchian channel with super trend alerts (B=buy) S =sell
and trailing volume system up trend alert and down trend alert
so have fun
This is a simple backtest of the bulit-in Donchian Channel indicator. For an indicator with a single parameter, the backtest results are impressive at 87k%. My previous indicator MASARS showed better results (176K%) but it achieved it by 4 parameters. Fewer parameters reduces the chance of overfitting. I am testing these indicators for use in my final algo, so...
![BTCUSD: Donchian Channel Strategy (DCS) [cI8DH]](https://s3.tradingview.com/f/FwfebmNR_mid.png "Donchian Channel Strategy (DCS) [cI8DH]")
