Watch how to download trading robots for free

Find us on Twitter!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

DNC.mq5 (10.41 KB) view

: Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

DNC indicator - Donchian channel.

The indicator has three input parameters:

Period - calculation period
Analyze current bar - consider the value of the current bar in calculations (Yes/No)
Show middle line - display the channel middle line (Yes/No)

Calculation:

Top    = Max(High, Period)
Bottom = Min(Low, Period)
Middle = (Top + Bottom) / 2

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22191

DNC_Bandwidth

DNC Band Width indicator

DNC_Percentage

DNC Percentage indicator

CCI_OBOS_Crossover

CCI OBOS Crossover indicator

OBOS

OBOS indicator

DNC - indicator for MetaTrader 5