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Donchian Channel Customizable

The Donchian Channel Indicator helps to identyfy the market trend and the breakouts of the channel.

Breaking above means the momentum of the market is highly bullish.

Breaking below means the momentum of the market is highly bearish.


SETTINGS:

PERIOD - default value 20. The number of last candles beeing taken into account when generating the line.

OFFSET - default value 0. The percentage number that makes the channel bigger or smaller.

LINE_COLOR - default color is set Blue. Here you can set whatever color that will be visible on your chart.


Works on all timeframes.

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Blahtech Limited
4.57 (14)
Was: $299  Now: $99   Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings
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