Turtle Atom Duck shows potential buy and sell
It consist of 3 indicators
Turtle - Donchian Channel
- bullish when price close above previous 1 bar high
- bearish when price close below previous 1 bar low
Atom - Bollinger Band
- bullish when price close above upper band
- bearish when price close below lower band
Duck...
There does not seem to be an offset for most Donchian Channel scripts out there. Many trading books have an offset of 1 but most Donchian Channels out there do not for some reason. I included one in case there is a need for it.
Release Note:
This indicator setup highly inspired by Donchian Channel and Hull Moving Average. Big thanks to both Richard Donchian and Alan Hull.
Back test and live test it and come to conclusion of how to use this indicator for live trading.
200 HMA:
200 Hull Moving Average plays major role in deciding the right trades using Donchian Channel. As part of...
Hello guys,
I would like to introduce you a script that combines two indicators: VPCI( volume price confirmation indicator) and donchian MAs
VPCI:
Fundamentally, the VPCI reveals the proportional imbalances between price trends and volume-adjusted price
trends. An uptrend with increasing volume is a market characterized by greed supported by the fuel needed...
This is rather an educational script on how you can put multiple channels on the chart in a relatively non-confusing manner. Because it can be done doesn't mean you should do it (especially as a beginner). However, you might want to use maybe two.
Normally, TradingView would put them all over each other causing chart to lose readability. By a few clever...
Hi!
This is a very simple script that I couldn't find on TradingView yet. Look at this indicator how you want (band, cloud, ma's) and create your own settings, I did not test it.
Normally, Donchian average calculates the average(middle) of the highest point of a given period and the lowest point of that same period.
Here I use two separate periods, one for...
This script plots multiple EMA's also it shows you when a particular EMA crosses up or below another EMA. You can customize the EMA's based on your setups or preferences.
This script basically will help you easily identify when a particular EMA has crossed over or crossed under another EMA at one glance.
Particularly useful when there is a lot of entanglement...
Donchian Channel Trading system visualised as a cloud.
Regular/Quick inputs;
Length: 20
Entry Length: 20
Stop Length: 10
Alternate/Slower Inputs;
Length: 55
Entry Length: 55
Stop Length: 20
For a more in-depth review, look up "Turtle Trading" rules
The simplest way to use the cloud;
-When the cloud flips from above to below (support), close any shorts and...
Donchian channel with Turtle trading style: buy long when price is higher than high 20 candles (green up arrow), and sell short when price is lower than low 10 candles (red down arrow).
nothing excessively new here..
a map of standardized trend over multiple lengths, extra parameter for smoothing the input source(close) will remove noise.
Hello Traders,
I think you all know Donchian Channels. so I am not going to write about it.
With this indicator I tried to create Donchian Trend Ribbon by using Donchian Channels.
How it works ?
- it calculates main trend direction by using the length that is user-defined. so you can change it as you wish
- then it calculates trend direction for each 9 lower...
Hello All,
I think all of you knows Donchian Channels . so I am not going to write about it.
With this indicator I tried to create Trend Lines by using Donchian Channel upper/lower bands. I tried add possible entry levels as well.
How it works ?
- it calculates main trend direction by using the length that is user-defined. so you can change it as you...
The script is not finnished yet and show's an other interpretation of how it could be scripted
Step -1 is complete... Basic Ichimoku with asjutable length and editable lines colors and visibilities.
Step -2 in progress... Adding ability to une multiple Spans, sens and Kumo on higher and lower timeframe.
Your Step : Like and Share ;) have a good year 2020...
// This is a simple Mean Reversion & Breakout Indicator.
// A Donchian Channel is plotted. A threshold equal to 0.25 of Daily ATR.
// If price reverses from this threshold, then it can be taken as possible Mean Reversion.
// If price crosses the previous Donchian levels, it can be taken as a possible breakout.
// Typical of such strategy is the whipsaw effect...
The script is not finnished yet and show's an other interpretation of how it could be scripted
Step -1 is complete... Basic Ichimoku with asjutable length and editable lines colors and visibilities.
Step -2 in progress... Adding ability to une multiple Spans, sens and Kumo on higher and lower timeframe.
Your Step : Like and Share ;) have a good year 2020...
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...
![FBMKLCI: [M2J] Indicator | Turtle Atom Duck Signal](https://s3.tradingview.com/i/iCOl5fVy_mid.png "[M2J] Indicator | Turtle Atom Duck Signal")
![BTCUSD: VPCI MA cross [LM]](https://s3.tradingview.com/y/yzdZyRKv_mid.png "VPCI MA cross [LM]")
![GE: [RS]Standardized Trend Map](https://s3.tradingview.com/9/9Jvlu3Ms_mid.png "[RS]Standardized Trend Map")
