OPEN-SOURCE SCRIPT

Donchian Channels Difference

This script can be used to put alerts on a Donchian Channel which can't be done on the regular chart overlay. It is simply the difference between both the upper and lower values of the indicator and the price. You can put an alert when the difference between the price and the lower value is less than a certain value.
Centered OscillatorsOscillatorsTrend Analysis

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

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