• Overview
  • Reviews (6)
  • Comments (3)

Santa Donchian

4.5

Santa Donchian Indicator is an efficient way to detect support, resistence and break outs in any market.

The Donchian channel measures the high and the low of a previously defined range. Typically, a trader would look for a well-defined range and then wait for the price to break out to either one side for a trade entry trigger.

Advantages

  • Never repaints, never backpaints, never recalculates.
  • Works in all symbols and all timeframes.
  • Perfect trend filter for any strategy or expert advisor.
  • Fully compatible with Expert Advisor (EA) development.


Reviews 6
Brian
76
Brian 2022.07.20 05:20 
 

Donchian Channel indicator a great addition to the Santa Trader. Thank you for posting it.

Cristian Mateo Duque Ocampo
1872
Cristian Mateo Duque Ocampo 2023.10.18 14:44 
 

This is an excellent indicator, impeccable work, it contains proprietary parameters such as channel offset, period and deviation that make it very useful. Additionally, the usability that allows to identify the candlesticks by colors makes it visually very easy to use. I would only add alerts and the appearance of the mean line, also perhaps some more information about its use or calculation in the presentation of the indicator would be useful. Otherwise I think it is an excellent job.

Este es un excelente indicador, un trabajo impecable, contiene parámetros propios como el desplazamiento del canal, el periodo y la desviación que lo hacen muy útil. Adicionalmente, la usabilidad que permite identificar las velas por colores hacen que sea visualmente muy fácil de usar. Solo agregaría alertas y la aparición de la línea media, también quizá seria útil algo mas de información sobre su utilización o calculo en la presentación del indicador. Por lo demás considero que es un excelente trabajo.

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FourAverage is a new word in trend detection. With the development of information technology and a large number of participants, financial markets are becoming less amenable to analysis by outdated indicators. Conventional technical analysis tools, such as a Moving Average or Stochastic, in their pure form are not able to determine the direction of a trend or its reversal. Can one indicator indicate the correct direction of the future price, without changing its parameters, based on the history
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Santa Bollinger Indicator  is an efficient way to detect price retracement in any market. A common approach is to identify overbought or oversold market conditions. When the price of the asset breaks below the lower band of the Bollinger Bands, prices have perhaps fallen too much and are due to bounce. On the other hand, when price breaks above the upper band, the market is perhaps overbought and due for a   pullback . Advantages Generates instant buy and sell signals. Never repaints, never back
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Cristian Mateo Duque Ocampo
1872
Cristian Mateo Duque Ocampo 2023.10.18 14:44 
 

This is an excellent indicator, impeccable work, it contains proprietary parameters such as channel offset, period and deviation that make it very useful. Additionally, the usability that allows to identify the candlesticks by colors makes it visually very easy to use. I would only add alerts and the appearance of the mean line, also perhaps some more information about its use or calculation in the presentation of the indicator would be useful. Otherwise I think it is an excellent job.

Este es un excelente indicador, un trabajo impecable, contiene parámetros propios como el desplazamiento del canal, el periodo y la desviación que lo hacen muy útil. Adicionalmente, la usabilidad que permite identificar las velas por colores hacen que sea visualmente muy fácil de usar. Solo agregaría alertas y la aparición de la línea media, también quizá seria útil algo mas de información sobre su utilización o calculo en la presentación del indicador. Por lo demás considero que es un excelente trabajo.

quangdai1406
46
quangdai1406 2022.08.12 05:16 
 

User didn't leave any comment to the rating

Brian
76
Brian 2022.07.20 05:20 
 

Donchian Channel indicator a great addition to the Santa Trader. Thank you for posting it.

Peter Pedro
68
Peter Pedro 2022.01.08 23:02 
 

User didn't leave any comment to the rating

Alexandre Sousa Bezerra
4287
Alexandre Sousa Bezerra 2021.10.31 15:19 
 

User didn't leave any comment to the rating

Marco Aurelio Cestari
20373
Reply from developer Marco Aurelio Cestari 2021.11.01 03:00
Thank you Alexandre! Probably someone hurt ThorstenKock, so he comes here to make useless reviews on every market product, trying to slander and end up feeling better somehow, poor guy.
ThorstenKock
2584
ThorstenKock 2021.10.29 01:07 
 

User didn't leave any comment to the rating

Marco Aurelio Cestari
20373
Reply from developer Marco Aurelio Cestari 2021.11.02 00:53
You should be banned. You're giving 1 star to every new product on the market with useless reviews.
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