OPEN-SOURCE SCRIPT
Donchian Fibo Channels
1. Set PRZ level for watching
2. Set period as swing time X 2 (or more)
3. Wait rebound from PRZ or PRZ break (use next if break)
2. Set period as swing time X 2 (or more)
3. Wait rebound from PRZ or PRZ break (use next if break)
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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