CapnOscar

Donchian Channels Mom

129 0 27
Donchian Channel On Momentum is tool for detecting trend and trade accordingly.. Use it with 30 mnts and above timeframes
Remove from Favorite Scripts Add to Favorite Scripts
study(title="Donchian Channels Mom", shorttitle="DCMom", overlay=false)

len = input(200, minval=1, title="Length")
src = input(close, title="Source")
momi = src - src[len]
smooth = input(10, minval=0, title="Smooth")
mom=ema(momi, smooth)

length = input(100, minval=1)
lower = lowest(mom,length)
upper = highest(mom,length)
basis = avg(upper, lower)
l = plot(lower, color=red)
u = plot(upper, color=red)
plot(basis, color=red, linewidth=3)
plot(mom, color=blue, linewidth=3)
fill(u, l, color=orange, transp=95)
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out