OPEN-SOURCE SCRIPT

donchian diff [LM]

2108
Hello traders,

I would like to present you Donchian diff script. The idea behind this script is that as in Ichimoku I consider base line as equilibrium so I calculate percentages between base line and current price and calculate percentage between base line and conversion line and use them as a filter. For signals I used also that candle has to be highest or lowest in x(configurable) consecutive candles.

It has following setting:
Base line setting
Conversion line setting
buy/sell signal setting - here you can setup buy/sell condition
filter setting - here you can set up percentages of the distances

Hope you will enjoy it,
L

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.