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Donchian Channels with Signal Arrows by melissial20 is a document available to read on EtoBox.
What is Donchian Channels with Signal Arrows about?
This document defines an indicator called "Donchian Channels Arrow" that draws Donchian channel lines and arrows to signify buy and sell signals. It takes a period input to calculate the highest high and lowest low values. It allows customizing the visibility, colors, and widths of the channel lines and fill area. Buy signals occur when close is below the lowest low, and sell signals occur when close is above the highest high.
- Author
- melissial20
- Language
- EN