Donchian

Donchian Channel with Fibbed Levels and Alerts – indicator MetaTrader 4

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Donchian Channel with Fibbed Levels and Alerts - indicator for MetaTrader 4
I enhanced the original concept of the Donchian channel to include the ability to set additional levels internal or external of the calculated range. This has resulted in a great indi that can run behind any moving average cross strategy or such like so that you have current levels to aim toward or place stops … Read more

Donchian Channel – indicator MetaTrader 5

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Donchian Channel - indicator for MetaTrader 5
The real author: Richard Dawood Donchyan Donchian channel is constructed by taking the highest (maximum from High) and the lowest (minimum from Low) prices for the previous N periods. The instrument will be bought (long positions will be opened) when the current price maximum increases the maximum channel value and it will be sold (short … Read more

Donchian Channels System – indicator MetaTrader 5

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Figure 1. Donchian_Channels_System
The indicator implements a breakthrough system using Donchian_Channels. When price exits the gray channel, the candlestick color changes to the color corresponding to trend direction. Green for the growth of a financial asset, orange color – fall. Bright colors denote coincidence of trend direction and direction of a candlestick. Dark colors correspond to the situation … Read more

Donchian Channel Indicator – indicator MetaTrader 4

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Donchian Channel Indicator - indicator for MetaTrader 4
Author: Rasoul Mojtahedzadeh Donchian Channel indicator is originally designed by Richard Donchian. The indicator can capture the price movement and the price trend decently. There is only one parameter to set manually, the number of previous trading sessions, or bars, which has a default value of 20. The highest high, the lowest low and their … Read more

Donchian Fibo – indicator MetaTrader 5

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Donchian Fibo for MetaTrader 5
Authors: Richard Donchian, based on the code by Luis Guilherme Damiani, posted by Nikolay Kositsin. (All credits maintained.) This indicator is a modified version of Donchian Channels by Luis Guilherme Damiani, inspired by DonForex DonchianFibo indicator MetaTrader 4. I never found this indicator for Metatrader 5, so i made one for me. Hope you enjoy it. Donchian … Read more