MTF Donchian Quadrants [DW] — Indicator by DonovanWall

volatility donchianchannels trendanalysis quadrants multi-timeframe mtf experimental

This is a simple Donchian Channel variation that separates the the channels into quadrants, and enables MTF calculation.
Average open and close plots are included for additional confirmation of a trend.

Release Notes:

Bug fix:

-Channel values were not being properly displayed.

Problem was solved by migrating from Pine Version 3 to Version 2.

For my full list of premium tools, check the blog:
wallanalytics.com/

Reach out on Telegram:
t.me/DonovanWall

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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