Two Lines Donchian Channel

  • Indicators
  • Amrullah Khan
    Amrullah Khan

    Amrullah Khan

    I'm an IT Consultant, digital service provider (Digital Nomad), webmaster who design, develop, program websites (Web), application (Apps), customized online & offline solutions, deploy fully ready application (Full Stack), Integration with multiple Commercial Apps or Database on any platform
  • Version: 1.0

Double Line Donchian Channel MT5/Meta Trader 5 Indicator, this is customized Indicator to show only 2 Lines of Highest and Lowest PRICE line where you can add a MA (MOVING AVERAGE) for center line.

What is Donchian Channel?
Donchian Channels are three lines generated by moving average calculations that comprise an indicator formed by upper and lower bands around a midrange or median band. The upper band marks the highest price of a security over N periods while the lower band marks the lowest price of a security over N periods. The area between the upper and lower bands represents the Donchian Channel. Career futures trader Richard Donchian developed the indicator in the mid-20th century to help him identify trends. He would later be nicknamed “The Father of Trend Following.”


Video Two Lines Donchian Channel
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Scalper Vault   is a professional scalping system which provides you with everything you need for successful scalping. This indicator is a complete trading system which can be used by forex and binary options traders. The recommended time frame is M5. The system provides you with accurate arrow signals in the direction of the trend. It also provides you with top and bottom signals and Gann market levels. The indicator provides all types of alerts including PUSH notifications. PLEASE CONTACT ME A
Divergence Bomber
Ihor Otkydach
4.89 (94)
Indicators
Each buyer of this indicator also receives the following for free: The custom utility "Bomber Utility", which automatically manages every trade, sets Stop Loss and Take Profit levels, and closes trades according to the rules of this strategy Set files for configuring the indicator for various assets Set files for configuring Bomber Utility in the following modes: "Minimum Risk", "Balanced Risk", and "Wait-and-See Strategy" A step-by-step video manual to help you quickly install, configure, and
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This is an OLD indicator which was rather efficient to be paired with MA Cross, Bollinger Bands, Dochian Channel and many other strategies and this provides you with market change of BEAR and BULL trends. Since there isn't much listed in MT5 Market, I would like to share my very own indicator for your usage. Please feel free to comment or criticize for better and improvement of the indicator listed.
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Fair Value Gaps (FVG) and Liquidity Voids are price ranges you can exploit for better entries and exits on your trades. They're similar concepts, so let's look at them from the top and break it down. Think of FVG and Liquidity voids as soft-spots in the market. They are paths of least resistance. That doesn't mean price will go through them, but price could go through them more easily.  To find and locate it is easy but tidiest to repeat the same thing all over again. This helps to boost your t
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Amrullah Khan
Indicators
This is a a simple Entry Signal for those who needs the assistants in finding Quick Entry base on Math Calculation formula for that particular Time Frame. This Entry Alert comes with visual Arrow Indicator.  Arrows pointing Downwards from the top is Sell Entry while Arrows pointing Upwards from the Bottom is a Buy Entry visually on the chart. You can customized the color of the arrows and the size while the alert popup will be up on screen as well the moment the entry triggers.  I do suggest
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