Editors' picksOPEN-SOURCE SCRIPT[RS]Donchian HL Width - Cycle Information
Updated
Experimental:
some information on cyclical new peaks using Donchian Channel % Widths.
some information on cyclical new peaks using Donchian Channel % Widths.
Release Notes
update to use arrays(theres a difference to old avg cycle as it was a exponential function, now uses array.avg()), plus some slight logic updates.Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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