OPEN-SOURCE SCRIPT

Quant Trend + Donchian (Educational, Public-Safe)

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What this does
Educational, public-safe visualization of a quant regime model:
Trend: EMA(64) vs EMA(256) (EWMAC proxy)
Breakout: Donchian channel (200)
Volatility-awareness: internal z-scores (not plotted) for concept clarity

Why it’s useful
• Shows when trend & breakout align (clean regimes) vs conflict (chop)
• Helps explain why volatility-aware systems size up in smooth trends and scale down in noise

How to read it
• EMA64 above EMA256 with price near/above Donchian high → trend-following alignment
• EMA64 below EMA256 with price near/below Donchian low → bearish alignment
• Inside channel with EMAs tangled → range/chop risk

Notes
• Indicator is educational only (no orders).
• Built entirely with TradingView built-ins.
• For consistent visuals: enable “Indicator values on price scale” and disable “Scale price chart only” in Settings → Scales.

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.