Dark
Theme
Light
Theme
Register
Username or Email
Username or Email
Password
Password
Forgot
Signup
Forgot
Browse
Register
Downloads / Indicators
Articles
Upgrade to Elite
Unanswered Posts
My Posts
Return to Homepage
Today's Posts
Trading Reviews and Vendors
Futures Brokers Reviews
Traders Hideout (general)
Platforms and Indicators
Trading Journals
Elite Trading Journals
Psychology and Money Management
Off-Topic
The Elite Circle
Webinars
Trading Articles
Main Trading Articles Index
Article Categories
Help, Tutorials, How-To's
Traders and Trading Methods
Platforms, Tools and Indicators
Terms (Glossary)
Article Tools
List New Articles
List Recent Article Changes
Random Article
Most Popular Articles
Category Groupings
Wanted Articles
Most Linked to from Forum
Go to Page...
Quotes
by TradingView
>
Downloads
>
The Elite Circle
>
Categories
Show
Search
Help
Search
title and description
keywords
Advanced Search
Winning nominations
What's Hot
What's New
New Ratings
Some Random Entries
Home Category
Login to Download
QG- Better Channel MTF
The idea of a channel similar to Donchian channel but one that expands in trending markets and narrows in a ranging markets was born by Alex Grover on TradingView.
This script is a conversion from original TV script to Ninjascript.
The channel breakout generally indicates beginning of a new trend and pullbacks towards middle of channel are generally reliable trend continuation signals.
I have added multi timeframe version of this script here that shows trend in a higher timeframe and pullbacks in a lower timeframe.
Improvements and additions in this script are welcome.
Category
The Elite Circle
Details:
QG- Better Channel MTF
Category:
The Elite Circle
August 24th, 2022
Size: 3.86 KB
Keywords:
better
channel
2559
indiantrader
Comments/ratings
chalil
September 1st, 2022 09:19 AM
Improvements to the MTF can be:
option to change the channel opacity
option to change the colour of each line as it rises remains flat or drops
Thanks for sharing.
Zhuhai
September 2nd, 2022 06:44 PM
Perfection.
wglsdzb
September 19th, 2022 03:59 PM
Does not work for Forex, does not draw
Ganymed
September 22nd, 2022 01:23 AM
:-)
djansen
October 25th, 2022 09:54 PM
Brilliant
djansen
October 25th, 2022 09:54 PM
Brilliant
Falco11
December 15th, 2022 09:11 AM
No Comment
DaveP711
February 26th, 2023 02:31 PM
Very slick! Thanks! The midline is superb- lots of uses for it.
ndakotan
March 21st, 2023 05:05 PM
looks great
prutrader
August 1st, 2023 09:41 PM
Excellent
Page 1 of 2
1
2
>
Sort by
Date created (ascending)
Date created (descending)
Username
futures io is now NexusFi
Trading Webinars How-to's
Trading Reviews & Products
Join Markets Chat waitlist
NinjaTrader Brokerage (Broker)
Ninja Mobile Trader (Server Hosting)
Apex Trader Funding (Prop Trading)
Tradovate (Trading Platform)
NinjaTrader (Trading Platform)
SharkIndicators (Trading Software)
© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.