D-Trend Channel

zcsoka
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D-Trend Channel

Post by zcsoka » Thu Jun 04, 2020 6:54 am

D-Trend Channel is a Donchian Channel based support resistance channel set. It consists of a mean line and 3 channels calculated based on the highest high and lowest low of the period scaled by the offset parameter.

The product is be available on the Marketplace.

D-Trend.png
D-Trend.png (288.66 KiB) Viewed 588 times

The settings panel is:

D-Trend Settings.png
D-Trend Settings.png (63.04 KiB) Viewed 588 times

which enables the following configuration:

(Please do not forget to hit Enter if you change numerical fields)

Bar Interval: The bar interval for the calculation. It is focusing on day traders and scalpers therefore shorter periods are available (1s, 2s, 5s, 10s, 30s, 1m, 5m)
Offset: The offset scaler for the channels in ticks
Median line type: Drawing type (Solid, Short Dash, Long Dash, Dot Dot-dash)
High and Low Channel 1 line type: Drawing type (Solid, Short Dash, Long Dash, Dot Dot-dash)
High and Low Channel 2 line type: Drawing type (Solid, Short Dash, Long Dash, Dot Dot-dash)
High and Low Channel 3 line type: Drawing type (Solid, Short Dash, Long Dash, Dot Dot-dash)
Line Width: Drawing thickness of the lines
Color Settings: Choose the color for every line.