PROTECTED SOURCE SCRIPT

Dual Donchian Channels- Lockwood

16
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

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。