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Donchian Channel - Custom

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This is an extension to Donchian Channel - Pivot High Low indicator. Creating new version as the new type added isn't related to pivot high/low.

New type added is based on moving average. Instead of using highest and lowest of n bars, here, we are using lowest and highest of moving average of highs and lows for n bars.


Previous version of Donchian channel pivot points can be found here:
Donchian Channel - Pivot High-Low
版本注释
Added adoptive option as per the concept mentioned below:

Adaptive Donchian Channel

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