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2009.06.04 08:21
Donchian Channel Indicator

Donchian Channel Indicator - indicator for MetaTrader 4

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Views:
29726
Rating:
votes: 1
Donchian.mq4 (1.88 KB)view

Author:

Code: me.
Idea: Richard Davoud Donchian --> http://en.wikipedia.org/wiki/Donchian_channel

Description:

The upper line shows the highest high of n bars.
The lower line shows the lowest low of n bars.

Image:



Tested, yes. But not excessively. Use at your own risk. Feel free to modify or do whatever with it.