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MetaTrader 5 Indicator | DNC

16.7.25 0

DNC indicator - Donchian channel.

The indicator has three input parameters:

  • Period - calculation period
  • Analyze current bar - consider the value of the current bar in calculations (Yes/No)
  • Show middle line - display the channel middle line (Yes/No)

Calculation:

Top    = Max(High, Period)  Bottom = Min(Low, Period)  Middle = (Top + Bottom) / 2

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