Combining Pivot High Low and Donchian Channel - both of which are useful indicators for trend following.
Donchian Channel shows highest and lowest prices for X number of bars.
Pivot High-Low identifies when price made new Highs and Lows
Applying Donchian Channel on Pivot High-Low channel, we are plotting highest and lowest pivots formed in X bars.
In this indicator, we have 3 options for Channel Base:
Donchian Channel shows highest and lowest prices for X number of bars.
Pivot High-Low identifies when price made new Highs and Lows
Applying Donchian Channel on Pivot High-Low channel, we are plotting highest and lowest pivots formed in X bars.
In this indicator, we have 3 options for Channel Base:
リリースノート:
Added pivot L and R option
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