OPEN-SOURCE SCRIPT

Donchian Channel Width Strategy

The Donchian Channel was developed by Richard Donchian and it could be compared
to the Bollinger Bands. When it comes to volatility analysis, the Donchian Channel
Width was created in the same way as the Bollinger Bandwidth technical indicator was.

You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
algotradingbacktestingBollinger Bands (BB)Donchian Channels (DC)donchianchannelwidthdonchianwidthstragegyVolatility

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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