Breakout
Donchian Channels for TradingView setups
Highest high and lowest low over a lookback window.
Best fit
- Breakout and range-expansion workflows.
- Use it as part of a complete workspace, not as a standalone trading system.
When to avoid relying on it
The lookback range is arbitrary or too small for costs.
Educational tool only. Not financial advice. Indicator suggestions are not trading recommendations.