Available translations

Donchian Trend Ribbon

Summary: This indicator calculates ten Donchian channels and combines them in a similar way to the EMA based guppy indicator.
Donchian Trend Ribbon on the Charts
By calculating ten Donchian channels, the indicator then provides a final output based upon the consensus of the trend direction of all of the calculations.
Products & Properties
The following properties are available to access:
Product Name Product Variable Properties
DonchianTrendRibbon dtr value0 - value9
The length of the initial Donchian calculation can be adjusted by locating and opening the Javascript Code under Data Building Procedure -> Procedure Loop under "Donchian Trend Ribbon" Procedure Loop.
A simple entry condition could be performed with the following example, when the first and last of the output values are aligned with a value of 2:
 chart.at01hs.dtr.value0 == 2 && chart.at01hs.dtr.value9 == 2
Trend Meter
PPO Aggregate

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1. Aggregated By @quantum8

2. Trend Meter

3. Donchian Trend Ribbon

4. PPO Aggregate