Hi! This is a very simple script that I couldn't find on TradingView yet. Look at this indicator how you want (band, cloud, ma's) and create your own settings, I did not test it. Normally, Donchian average calculates the average(middle) of the highest point of a given period and the lowest point of that same period. Here I use two separate periods, one for...
Predictimoku (Cloud 9) - Modified Ichimoku by Cryptorhythms 📜Intro New spin on the old standby ichimoku! Predictimoku (Cloud 9): This indicator uses a proprietary algo to forecast the kijun tenkan & senkou spans accurately out into the future. 📋Background Unfortunately you may have seen it around twitter as part of a paid for course with indicator...
A mixture of A Bollinger and fork from Ricardo Santos Donchian/Bollinger(DBH). Looks Nicer on a higher time frame, 4hr+. Default of DBH is 20, but 13/15 looks clearer to me.
This script plots multiple EMA's also it shows you when a particular EMA crosses up or below another EMA. You can customize the EMA's based on your setups or preferences. This script basically will help you easily identify when a particular EMA has crossed over or crossed under another EMA at one glance. Particularly useful when there is a lot of entanglement...
Donchian Channel Trading system visualised as a cloud. Regular/Quick inputs; Length: 20 Entry Length: 20 Stop Length: 10 Alternate/Slower Inputs; Length: 55 Entry Length: 55 Stop Length: 20 For a more in-depth review, look up "Turtle Trading" rules The simplest way to use the cloud; -When the cloud flips from above to below (support), close any shorts and...
Brief: Default Small Donchian period : 20 for D,W,M and 9 for smaller timeframe (1) Default Big Donchian period : 50 for all timeframe Default ATR Stop: 2ATR Settings: Donchian Settings : it does nothing but tell you that below is Donchian Settings - Show Basis: show donchian basis line or not, default is no - Background: show donchian's background or not,...
This indicator gives a Donchain Channel with different upper and lower limits, Use wisely.
I present to you a script for testing the channel breakout strategy for the Bitmex exchange. Cryptocurrency itself is a trending tool, which is why breakout strategies generate the largest profits, and the channel breakout strategy is one of the most effective trend strategies. The optimization result shows the result of trading on a volume of 20% of the deposit....
Donchian channel with Turtle trading style: buy long when price is higher than high 20 candles (green up arrow), and sell short when price is lower than low 10 candles (red down arrow).
nothing excessively new here.. a map of standardized trend over multiple lengths, extra parameter for smoothing the input source(close) will remove noise.
This is simple test of Turtle Trading strategy by Richard Dennis. The script meant to place orders on Donchian Channel borders. It's best to test and use on mid-term charts like 1H and more. I've chosen Kraken XBT/USDT chart because this market opened in december 2019. The main problem of crypto trading strategy testing is the bullish market of 2017 year. That...
50% Fibonacci is driven from long term average price action in combined with pivot point. the strategy trigger buy signal when its on uptrend long term and buy on pivots. the similar scenario for sell signals. the strategy has good results on indices and some forex pairs. the parameter are as below: 1)last bar calculation 2)pivot point 3)take...
this strategy is based on combination of donchian channel and TMA moving average. buy signals triggers when TMA crosses average line of donchian channel and similar for selling position. the standard parameters are a below: donchian channel length: 55 Tma length: 20 the results of overview on germany index (1 contract+ 2$ commissions per order) is as below. in...
Hello Traders, I think you all know Donchian Channels. so I am not going to write about it. With this indicator I tried to create Donchian Trend Ribbon by using Donchian Channels. How it works ? - it calculates main trend direction by using the length that is user-defined. so you can change it as you wish - then it calculates trend direction for each 9 lower...
Hello All, I think all of you knows Donchian Channels . so I am not going to write about it. With this indicator I tried to create Trend Lines by using Donchian Channel upper/lower bands. I tried add possible entry levels as well. How it works ? - it calculates main trend direction by using the length that is user-defined. so you can change it as you...
Buying or Selling levels are identified with SMA 50 along with Fractals for breakouts and reversals. SMA will be green when the trend is Bullish SMA will be red when the trend is Bearish The color is set GREEN and RED for Bullish and Bearish trend
Richard Donchian created Donchian Channels, which is a type of moving average indicator and a look-alike of other support and resistance trading indicators like Bollinger Bands. Donchian Channels has a simple plotting of highest high and lowest low of the last “n” periods. The “n” periods is based on the trader’s choice, who can select the period according to...
Long and Short entries based on the Donchian Channel indicator. The entry can be set to Higher High/Lower Low or the basis line.