OPEN-SOURCE SCRIPT
Donchian Channels Alert System
This time I was using an script/indicator that was originally written by ChrisMoody on 12-14-2014, as turned it an Alert System to know whether the price breaks above or below the donchian channel of 20 periods.
I would like to show you how easy is to use it and configure it to receive this alerts in your phone.
Here's a page about what Donchian Channels are for the ones that don't know already: investopedia.com/terms/d/donchianchannels.asp
This simple indicator prints a green alert when the close price crosses above the upper band of the DC, and a red alert when the price crosses the lower band of the DC.
When these conditions are met, the indicator throws an alertcondition signal. You can personalize your Trading View alerts using this information.
Create new alert, In the condition select "DC Alert System" and below select "Break Above" or "Break Below" depending on the case you're looking for. Save the Alert and voila.
Simply as that.
The Donchian Channel period is set to 20 by default, but you can update it to what suit best for you.
Hope this is a +1 to your trade alert system.
Have a good day!
If you like this script please give me a like and comment below.
I would like to show you how easy is to use it and configure it to receive this alerts in your phone.
Here's a page about what Donchian Channels are for the ones that don't know already: investopedia.com/terms/d/donchianchannels.asp
This simple indicator prints a green alert when the close price crosses above the upper band of the DC, and a red alert when the price crosses the lower band of the DC.
When these conditions are met, the indicator throws an alertcondition signal. You can personalize your Trading View alerts using this information.
Create new alert, In the condition select "DC Alert System" and below select "Break Above" or "Break Below" depending on the case you're looking for. Save the Alert and voila.
Simply as that.
The Donchian Channel period is set to 20 by default, but you can update it to what suit best for you.
Hope this is a +1 to your trade alert system.
Have a good day!
If you like this script please give me a like and comment below.
Script open-source
Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.
Vous voulez utiliser ce script sur un graphique ?
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