OPEN-SOURCE SCRIPT
Madrid Donchian SEC bar
This study is based on the Donchain Channel Bar indicator but this adds security as a parameter. This allows several instances of this indicator to be used in the same page to create a heat map to take look at a glance at several securities, just like the example where this was implemented.
The only two parameters it requires are the security symbol and the length of the analysis.
The only two parameters it requires are the security symbol and the length of the 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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