Name: DNC – indicator MetaTrader 5
Brand: RobotFX
SKU: 7039
Price: 4.89 USD
Availability: InStock
Rating: 4 (118 reviews)

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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DNC – indicator MetaTrader 5