Donchian Flow

Donchain Flow is a breakout indicator inspired by Donchian channels, using a customizable block size to detect market swings. It generates buy/sell signals only on high-volume breakouts (RVOL > threshold) in strong trends (ADX > threshold), filtering out noisy/choppy periods. Visuals include channel lines, regime background coloring (green: bullish, red: bearish, gray: weak trend), and labeled signals for optimal entries. Ideal for trend-following strategies. Despite its simplicity, it performs surprisingly well. I recommend reviewing it for scalping.