Donchian Channel Oscillator with MTF & Zero Line Cross Signalshonje19960321 wrote: Wed Nov 16, 2022 2:07 pm Dear Mr.Tools, this is a small upgrade request.
The silver line is located on the signal line and changes color to lime, and the silver line is located below the signal line to change color to red
gratitude
Great work.mrtools wrote: Wed Nov 16, 2022 2:55 pm Made it as an option to choose between zero cross or signal cross.
Wait until I get home tonight. The simulated backtest will teach you how to use it.Wole wrote: Wed Nov 16, 2022 5:14 pm Great work.
Can we get a brief explanation from those who use it?
Thanks.
Donchian Channel Oscillator with Candlestick Overlay, MTF & Alertshonje19960321 wrote: Wed Nov 16, 2022 4:19 pm Dear Mr. Tools, please add a three-color candle. The candle shows green when the silver line breaks above the channel, red when the silver line breaks below the channel, and gray when the silver line is inside the channel.
gratitude
Good job, I'll explain the colored candle idea when I get home. I can't go into details because I'm out there right now and don't have a computer. sorry.mrtools wrote: Wed Nov 16, 2022 6:12 pm Did this one for now, not real sure how to do a 5 color candle.
hi vvFish
Dear Mr. Tools, Thank you for your generosity in upgrading this gem. .mrtools wrote: Wed Nov 16, 2022 6:12 pm Did this one for now, not real sure how to do a 5 color candle.
Pretty cool results, if you use the <0 (look for sells) and >0 (look for buys) -function and combine it with "signal-cross".
Breakout Channels Represent Volatility Trendsjosi wrote: Wed Nov 16, 2022 10:11 pm Pretty cool results, if you use the <0 (look for sells) and >0 (look for buys) -function and combine it with "signal-cross".
I am not at all sure that the criterium "outside-channel" gives the best signals.
