OK, thanks for your input.
Not sure if this is a MT4 code... but either way is it possible that you can convert this to a MT4 (Build 980 :)).
Here is the link if any one wants to visually see this in action - https://www.tradingview.com/script/Yrkdw0gR-Custom-Indicator-for-Donchian-Channels-System-Rules-Included/
//Modified Donchonian Channel with separate adjustments for upper and lower levels
//Purpose is if you expect big move up, Use lower input example 3 or 4, and longer lower input, 40 - 100 and use lower input line as a stop out
//Opposite if you expect big move down
//Mid Line Rule in Long Example. If lower line is below entry take partial profits at Mid Line and move stop to Break even.
//If Lower line moves above entry price before price retraces to midline use Lower line as Stop...Opposite if Shorting
//Created by user ChrisMoody 1-30-2014
study(title="CM_Donchian Channels Modified", shorttitle="CM_DC Modified", overlay=true)
length1 = input(4, minval=1, title="Upper Channel")
length2 = input(60, minval=1, title="Lower Channel")
upper = highest(length1)
lower = lowest(length2)
basis = avg(upper, lower)
l = plot(lower, style=line, linewidth=4, color=red)
u = plot(upper, style=line, linewidth=4, color=lime)
plot(basis, color=yellow, style=line, linewidth=1, title="Mid-Line Average")
fill(u, l, color=white, transp=75, title="Fill")
Yep, one more (this search is killing me)
Here is the version 2.3 then (and yes, this version has the double smoothing while the older did not have it)
Sir, do you have a copy of this release
Please share this indicator and template with me.
Any reference of that post ? i tried to search on closer 2/3 pages but impossible for me to search whole tsd.
I know my friend has no copy of the type HISTO.For this release
thank you brother
Histogram version of hull variation 2.3