OPEN-SOURCE SCRIPT
Donchian Channels Alert System
This time I was using an script/indicator that was originally written by ChrisMoody on 12-14-2014, as turned it an Alert System to know whether the price breaks above or below the donchian channel of 20 periods.
I would like to show you how easy is to use it and configure it to receive this alerts in your phone.
Here's a page about what Donchian Channels are for the ones that don't know already: investopedia.com/terms/d/donchianchannels.asp
This simple indicator prints a green alert when the close price crosses above the upper band of the DC, and a red alert when the price crosses the lower band of the DC.
When these conditions are met, the indicator throws an alertcondition signal. You can personalize your Trading View alerts using this information.
Create new alert, In the condition select "DC Alert System" and below select "Break Above" or "Break Below" depending on the case you're looking for. Save the Alert and voila.
Simply as that.
The Donchian Channel period is set to 20 by default, but you can update it to what suit best for you.
Hope this is a +1 to your trade alert system.
Have a good day!
If you like this script please give me a like and comment below.
I would like to show you how easy is to use it and configure it to receive this alerts in your phone.
Here's a page about what Donchian Channels are for the ones that don't know already: investopedia.com/terms/d/donchianchannels.asp
This simple indicator prints a green alert when the close price crosses above the upper band of the DC, and a red alert when the price crosses the lower band of the DC.
When these conditions are met, the indicator throws an alertcondition signal. You can personalize your Trading View alerts using this information.
Create new alert, In the condition select "DC Alert System" and below select "Break Above" or "Break Below" depending on the case you're looking for. Save the Alert and voila.
Simply as that.
The Donchian Channel period is set to 20 by default, but you can update it to what suit best for you.
Hope this is a +1 to your trade alert system.
Have a good day!
If you like this script please give me a like and comment below.
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。