OPEN-SOURCE SCRIPT
Donchian Mean Reversion Alerts

Donchian Channels mean reversion signals/alerts with RSI filtering with signals applied to the mean, for strong trend situations.
Original Author: ChrisMoody
Modified Donchonian Channel with separate adjustments for upper and lower levels
Purpose is if you expect big move up, Use lower input example 3 or 4, and longer lower input, 40 - 100 and use lower input line as a stop out
Opposite if you expect big move down
Mid Line Rule in Long Example. If lower line is below entry take partial profits at Mid Line and move stop to Break even.
If Lower line moves above entry price before price retraces to midline use Lower line as Stop...Opposite if Shorting
Created by user ChrisMoody 1-30-2014
Updated 7-11-2018 by Dysrupt
Revamped for mean reversion strategy
Created midline alerts for strong trending upside buy signals/downside sell signals.
Added RSI Filtering
Added Alerts
Removed bar color change
Original Author: ChrisMoody
Modified Donchonian Channel with separate adjustments for upper and lower levels
Purpose is if you expect big move up, Use lower input example 3 or 4, and longer lower input, 40 - 100 and use lower input line as a stop out
Opposite if you expect big move down
Mid Line Rule in Long Example. If lower line is below entry take partial profits at Mid Line and move stop to Break even.
If Lower line moves above entry price before price retraces to midline use Lower line as Stop...Opposite if Shorting
Created by user ChrisMoody 1-30-2014
Updated 7-11-2018 by Dysrupt
Revamped for mean reversion strategy
Created midline alerts for strong trending upside buy signals/downside sell signals.
Added RSI Filtering
Added Alerts
Removed bar color change
開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。