OPEN-SOURCE SCRIPT
Donchian Channels Strategy by KrisWaters
Doncian Channels is a trend tracking indicator developed by Richard Doncian. The upper line of the channel is determined by the highest value seen by the price in the defined period, the lower line of the channel is determined by the lowest value seen by the price in the defined period. The middle line takes the average value of the lower and upper channels.
Strategy Settings:
- Can apply only LONG positions.
- Can apply only SHORT positions.
- Use LONG/SHORT both.
- You can use ATR as a second exit condition. If ATR stop disabled, Donchian upper or lower channel value is use for the exit rule to long and short positions.
Strategy can be able to optimize by changing channel lengths and timeframe.
Strategy Settings:
- Can apply only LONG positions.
- Can apply only SHORT positions.
- Use LONG/SHORT both.
- You can use ATR as a second exit condition. If ATR stop disabled, Donchian upper or lower channel value is use for the exit rule to long and short positions.
Strategy can be able to optimize by changing channel lengths and timeframe.
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Pine Script Job Proposals:
t.me/kriswaters
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Connect with Pine Script Coders:
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Pine Script Job Proposals:
t.me/kriswaters
Script de código aberto
No verdadeiro espírito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam compreendê-lo e analisá-lo. Parabéns ao autor! Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações é regida pelas Regras da Casa. Você pode favoritá-lo para usá-lo em um gráfico.
Quer usar esse script no gráfico?
Pine Script Code Generator:
getpinescript.com/
Optimize Your TradingView Strategies:
pinetune.app
Connect with Pine Script Coders:
pinescripthub.com/
Pine Script Job Proposals:
t.me/kriswaters
getpinescript.com/
Optimize Your TradingView Strategies:
pinetune.app
Connect with Pine Script Coders:
pinescripthub.com/
Pine Script Job Proposals:
t.me/kriswaters
Aviso legal
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