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Dual Donchian Channels- Lockwood

Description
This indicator plots two Donchian Channels on the same chart, each using a different user-defined lookback period. A Donchian Channel shows the highest high and lowest low over a selected number of bars, helping identify breakouts, volatility, and trend conditions.
Features
Two independent Donchian Channels
Customizable lookback periods and colors
Upper, middle, and lower lines for each channel
Channels automatically adjust and stay anchored to price levels when the chart is scaled or moved
Useful for identifying volatility contractions, trend breakouts, and support/resistance zones
This indicator plots two Donchian Channels on the same chart, each using a different user-defined lookback period. A Donchian Channel shows the highest high and lowest low over a selected number of bars, helping identify breakouts, volatility, and trend conditions.
Features
Two independent Donchian Channels
Customizable lookback periods and colors
Upper, middle, and lower lines for each channel
Channels automatically adjust and stay anchored to price levels when the chart is scaled or moved
Useful for identifying volatility contractions, trend breakouts, and support/resistance zones
受保護腳本
此腳本以閉源形式發佈。 不過,您可以自由使用,沒有任何限制 — 點擊此處了解更多。
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。
受保護腳本
此腳本以閉源形式發佈。 不過,您可以自由使用,沒有任何限制 — 點擊此處了解更多。
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。