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You liked the script? Try it in the MetaTrader 5 terminal
- Views:
- 9618
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- Published:
- 2018.03.01 11:29
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Donchian Channel.
The indicator has two input parameters:
- Period - calculation period;
- Mode of calculation - calculation price: High/Low, or Close.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/19793

The indicator draws the opening price of the day. It works on timeframes up to H1.

The indicator calculates the ATR value based on the minimum price differences of the current and previous day, taking into account the volume of the current day.

The indicator draws a channel based on the value of the breakout of channel levels.

Dynamic Moving Average.