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You liked the script? Try it in the MetaTrader 5 terminal
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- 46270
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- Published:
- 2014.11.04 15:38
- Updated:
- 2016.11.22 07:32
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Classic Donchian-channel with Fibonacci retracement levels.
Two classic tools in one!
Adjustable parameters:
- Donchian_Period (Donchian-channel period)
- Ignore_Candle_Wicks (Set it to true if you want to use only candle bodies instead of candle wicks)
- Show_Prices (Displays the price values of Fibonacci levels)
Other DonForex tools can be found on the MetaTrader 4 Market.

Draws either MACD, Stochastic, RSI or CCI of 3 timeframes in a separate window.

This indicator will show trend, based on EMA200 of the higher timeframe.

Helps trader by setting automatic Stop Loss (SL) and Take Profit (TP) on trades while scalping.

Easy to use ticks recorder.