// Licensed under the Apache License, Version 2.0 // © mihakralj //@version=6 indicator("Donchian Channels (DC)", "DC", overlay=true) //@function Calculates the Donchian Channel (DC) efficiently using monotonic deques //@param hi Source series for the highest high calculation (usually high) //@param lo Source series for the lowest low calculation (usually low) //@param p Lookback period (p > 0) //@returns Tuple containing [basis, upper_band, lower_band] //@optimized Uses monotonic deque for O(1) amortized complexity per bar dc(series float hi, series float lo, simple int p) => if p <= 0 runtime.error("Period must be > 0") var float[] hbuf = array.new_float(p, na) var float[] lbuf = array.new_float(p, na) var int[] hq = array.new_int() var int[] lq = array.new_int() int idx = bar_index % p array.set(hbuf, idx, hi) array.set(lbuf, idx, lo) while array.size(hq) > 0 and array.get(hq, 0) <= bar_index - p array.shift(hq) while array.size(hq) > 0 and array.get(hbuf, array.get(hq, -1) % p) <= hi array.pop(hq) array.push(hq, bar_index) while array.size(lq) > 0 and array.get(lq, 0) <= bar_index - p array.shift(lq) while array.size(lq) > 0 and array.get(lbuf, array.get(lq, -1) % p) >= lo array.pop(lq) array.push(lq, bar_index) float top = array.get(hbuf, array.get(hq, 0) % p) float bot = array.get(lbuf, array.get(lq, 0) % p) [math.avg(top, bot), top, bot] // ---------- Main loop ---------- // Inputs i_period = input.int(20, "Period", minval=1) i_high = input.source(high, "High Source") i_low = input.source(low, "Low Source") // Calculation [basis, upper, lower] = dc(i_high, i_low, i_period) // Plot plot(basis, "Basis", color=color.yellow, linewidth=2) p1 = plot(upper, "Upper", color=color.yellow, linewidth=2) p2 = plot(lower, "Lower", color=color.yellow, linewidth=2) fill(p1, p2, color=color.new(color.blue, 90), title="Band Fill")