PROTECTED SOURCE SCRIPT
Neo DC Channel
What is Neo DC Channel
Neo DC Channel is using the concept of Donchian Channels but add some more functions in other to represent more data.
Donchian Channels are three lines generated by moving average calculations that comprise an indicator formed by upper and lower bands around a midrange or median band. The upper band marks the highest price of a security over N periods while the lower band marks the lowest price of a security over N periods.
The Background color will bedisplay when the bar range is more than x% of the Upper – Lower’s Donchian Channels width and the bar is cross up/down the middle line.
Green Background will display when bar is crossing up the middle line
Red Background will display when bar is crossing down the middle line
What made Neo DC Channel?
- Donchian Channels
- MA Concept
- Percentage of bar due to the Donchian Channels’s Channels width
Use of Neo DC Channel
- can be use as the confirmation indicator if trader apply the indicator to any trading strategy which already have trend identifier Indicator.
- can also be use as trend changer/switcher indicator.
Neo DC Channel is using the concept of Donchian Channels but add some more functions in other to represent more data.
Donchian Channels are three lines generated by moving average calculations that comprise an indicator formed by upper and lower bands around a midrange or median band. The upper band marks the highest price of a security over N periods while the lower band marks the lowest price of a security over N periods.
The Background color will bedisplay when the bar range is more than x% of the Upper – Lower’s Donchian Channels width and the bar is cross up/down the middle line.
Green Background will display when bar is crossing up the middle line
Red Background will display when bar is crossing down the middle line
What made Neo DC Channel?
- Donchian Channels
- MA Concept
- Percentage of bar due to the Donchian Channels’s Channels width
Use of Neo DC Channel
- can be use as the confirmation indicator if trader apply the indicator to any trading strategy which already have trend identifier Indicator.
- can also be use as trend changer/switcher indicator.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarle liberamente e senza alcuna limitazione – ulteriori informazioni qui.
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Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarle liberamente e senza alcuna limitazione – ulteriori informazioni qui.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.