Gopal Krishan Doda
This is the modified version of Donchian channel indicator, popularly known as famous turtle indicator. I've modified it after removing 2 lines. The result is a single line, making a simple but one of the powerful indicator.
Buy: When price closes above Doda-Donchian line
Sell: When price closes below Doda-Donchian line
Stop-loss: Few pips away from Doda-Donchian line.
Works with any currency pair, CFD etc.