FTB-C000508 / Implementation concept

Prior Completed Channel

Prior Completed Channel is the already-finalized Donchian channel from the row immediately before the current observation.

Also known aslagged Donchian boundary

Definitions

In plain terms

It provides a boundary that was knowable before the current bar completed.

Technical

At row t it uses the aligned channel state from t-1, with its own complete lookback and no current-row contamination.

Scope

Lagging the boundary changes comparison timing but does not redefine the underlying current-inclusive channel.

Examples

  • A reviewer traces Prior Completed Channel from aligned inputs through its first-ready row and edge cases before accepting a displayed value.

Common misconceptions

  • Lagging the boundary changes comparison timing but does not redefine the underlying current-inclusive channel.

Concept relationships

Where this concept is used

Evidence and governance

  1. Donchian Channels TradingView · official platform documentation

    Supports: preferred label, short definition, technical definition

    Limits: Causal lagging, tie ownership, and exact breakout event rules are local implementation boundaries.

Reviewed by
fintech-builder-batch-009
Last reviewed
2026-07-30
Next review
2027-07-30
Record status
published