Donchian Channel Width Strategy

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volatility donchianchannels donchianwidth donchianchannelwidth

The Donchian Channel was developed by Richard Donchian and it could be compared
to the Bollinger Bands . When it comes to volatility analysis, the Donchian Channel
Width was created in the same way as the Bollinger Bandwidth technical indicator was.

WARNING:
- This script to change bars colors.

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

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