OPEN-SOURCE SCRIPT
DonDon

Aim of this indicator is to detect trend and support more easy
first I use the fib donchian script that i publish sometime ago
next is speacial trend line based on modiffied bollinger and donchian channel
last add info panel so when close cross the basis line up the trend wil be green in the info panel , if cross down the trend will be in red
to this template we can add more indicator but i just keep this simple
first I use the fib donchian script that i publish sometime ago
next is speacial trend line based on modiffied bollinger and donchian channel
last add info panel so when close cross the basis line up the trend wil be green in the info panel , if cross down the trend will be in red
to this template we can add more indicator but i just keep this simple
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.