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LT Donchian Channel

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Published: 23 May 2022

Current version: 1.3

LT Donchian Channel

Name: LT Donchian Channel
Rating: 4.857143 (7 reviews)
Author: Thiago Duarte

4.86

Indicators
Thiago Duarte
Thiago Duarte
Programmer at Litoral Trading

Brazil

262938
4.6 (442)
Hello! My name is Thiago (James, in english) and I am a programmer.
I have been involved in the market since 2016 and I am brazilian.
I am founder and admin of Litoral Trading - community of market enthusiasts.

47 products 3 codes 6 topics 221 comments
Version: 1.3
Updated: 22 January 2024

Donchian Channel is an indicator created by Richard Donchian. It is formed by taking the highest high and the lowest low of the last specified period in candles. The area between high and low is the channel for the chosen period.
Its configuration is simple. It is possible to have the average between the upper and lower lines, plus you have alerts when price hits one side.

If you have any questions or find any bugs, please contact me.

Enjoy!

more...

1165

EB83Br72 2026.03.09 13:39 #

bom indicador, obrigado

1018

Rich8989 2024.11.22 15:50 #

Good Indicator...Thanks for sharing

2407

Rafal Krzysztof Manuszewski 2024.10.06 14:27 #

super

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The Weis Wave first takes the market volume and then organizes it with the price into Wave charts. It is the only software that will present the true picture of the market before you. If anyone of you, has watched an intraday price movement then you must know that it unfolds in a series of selling as well as buying waves-a procedures tearing down and building up. Wave analysis is an integral part of the trading method. The indicator helps to deal with today’s volatile market. Moreover, it works

FREE

For those who like trend the Force will be a very useful indicator. This is because it is based on the famouse ADX, which measure the strenght of a trend, but without its 3 confusing lines. Force has its very simple interpretation: if the histogram is above zero level the trend is up, otherwise it is down. You can use it to find divergences too, which is very profitable. Thanks to Andre Sens for the version 1.1 idea. If you have any doubt or suggestion, please, contact me. Enjoy! MT4 version:

FREE

RSI with moving average is great to see when the price is overbought and oversold instead of RSI only. INPU T PARAME TERS : RSI: Period - RSI period. Price - RSI applied price. Color scheme - RSI color scheme (4 available). MOVING AVERAGE: Period - MA period. Type - MA type. Apply - MA applica tion. Shift - MA shif t (correc tion). PRICE LINE: Show - specify if line with price, only line or nothing. Style - line style. OTHER: Overbought level - specify the level . Overbought descriptio

FREE

LT Colored Fibo is a simple indicator that paints the price zones between Fibonacci Retracement levels. Its configuration is extremely simple. It is possible to change the colors of each level of the retracement, choose between background or front of the chart and also work only with the current asset or all open. If you found a bug or have any suggestion for improvement, please contact me. Enjoy! This is a free indicator, but it took hours to develop. If you want to pay me a coffee, I apprecia

FREE

Candle Counter is a simple indicator that list the amout of candles in the day according to the current chart timeframe. It is specially useful for those teaching others how to trade, as it can draw attention to a specific candle of the day. Configuration: Reverse mode - if on, the actual candle is the first one. Position - Above or below the candles. Vertical distance - Vertical distance from the candles in pipets/points. Size - Font size. If you need help please don't hesitate to contact me.

FREE

Are you a trend surfer like us? Do you use Moving Averages too? Ever wanted the are between them to be painted? Yeah, we solved this problem with the Filled MAs indicator! It is very simple, just puts two fully customizable Moving Averages on chart and fill the space between them, changing the color as they intersect. Thanks to gmbraz for the version 1.1 idea. Any questions os suggestions please contact me! Enjoy! This is a free indicator, but it took hours to develop. If you want to pay me a

FREE

This indicator show the candle remaining time on the chart and/or in the corner of the window. It also display notificaton (popup and push) when a new candle is formed (optional). You configure the timer on candles and at chart corner. I don't need to explain the functions because are very simple. MT4 version: https://www.mql5.com/en/market/product/38677 Any doubt or suggestion please contact us. Enjoy! This is a free indicator, but it took hours to develop. If you want to pay me a coffee, I a

FREE

This is a utility indicator that creates mini charts on left side of the chart you are looking at. It is very useful to watch many timeframes simultaneously, without having to change between multiple charts. Its configuration is very simple. You can have up to 4 mini charts opened. They automatically load the template of the "parent" chart. If you have any doubt please contact me. Enjoy! This is a free indicator, but it took hours to develop. If you want to pay me a coffee, I appreciate a lot

FREE

LT Easy Market - Transform Any Market into a Precise Trading Zone Have you ever found yourself lost trying to trade in strong trending markets? Or frustrated because you can't clearly see entry points during consolidations? LT Easy Market was developed to solve this dilemma by completely normalizing price movement and creating an "eternally" sideways visualization that makes identifying overbought and oversold extremes easy and surgically precise. == THE MAGIC OF NORMALIZATION == Instead of str

33 USD

Are you tired of erasing the objects on chart and then having to put them back in? What if you had a tool that would allow you to hide and show all objects any time? Cool, huh? That is why I developed this tool as an indicator. With it you hide all objects using a shortcut button on chart or the keyboard (customizable). If you have any suggestions or find a bug, please, contact us. Enjoy!

FREE

Round numbers (or key levels) is an amazing strategy. These numbers are strong support and resistance levels. So what this indicator does is draw horizontal lines on the chart to help you find these levels. Configurations: 1St level: Color - lines color. Style - lines style. Width - lines width. 2Nd level: Second level lines? - turn off second level lines. Color - lines color. Style - lines style. Width - lines width. Space between lines in points - I don't need explain :) Display at backg

FREE

This indicator show the candle remaining time on the chart and/or in the corner of the window. It also display notificaton (popup and push) when a new candle is formed (optional). You configure the timer on candles and at chart corner. I don't need to explain the functions because are very simple. MT5 version: https://www.mql5.com/pt/market/product/38470 Any doubt or suggestion to a new feature please comment. Enjoy!

FREE

Candle cross MA is an indicator that works "silently", that is, drawing only a moving average on the chart. It alerts you when the last candle cross with a moving average that you set. Alert is given only when the candle closes. The moving average settings are fully customizable. The indicator sends popup, and push notifications. You can also deactivate alerts when the chart is inactive. Are you the trend type? Do not miss another opportunity!

FREE

For those who like trend the Force will be a very useful indicator. This is because it is based on the famouse ADX, which measure the strenght of a trend, but without its 3 confusing lines. Force has its very simple interpretation: if the histogram is above zero level the trend is up, otherwise it is down. You can use it to find divergences too, which is very profitable. If you have any doubt or suggestion, please, contact me. Enjoy! MT5 version: https://www.mql5.com/en/market/product/41928 T

FREE

This is an indicator that highlights the price range, specifically in the morning. So it is very easy to identify when these zones are broken, giving you an excellent entry opportunity! Range Breakout works on all symbols and timeframes. It displays past price regions and projects the current one. If you find any bug or have any suggestion, please, contact us. Enjoy!

10 USD

This is our simplest tool! With it you hide the Bid and Ask lines from chart and have only a small rectangle showing what current price is. This tool is useful for those who want the cleanest chart possible. You can also show the Ask price only, instead of the Bid (most common). To further assist you in cleaning the chart check out our other tool: https://www.mql5.com/en/market/product/41835 Any questions or suggestions, please contact us. Enjoy!

FREE

Protect My Trades is an EA (expert advisor bot) that automatically put stop loss and take profit on market trades and pending orders. You can specify if want it to do this only on actual symbol trades or in all others. Its configuration is very simple. Functions: Take profit: distance to TP (0 = disabled, no TP will be created). Stop loss: distance to SL (0 = disabled, no SL will be created). Price type: price type in pips or pipets/points (pips is common in Forex). Actual symbol only: manage th

FREE

History On Chart is an indicator that shows the "trail" of all trades made in a specific period of time. It shows the entry and exit point with their respective dates and prices. It also shows the type of trades and the cash result. Open trades are also displayed, but only the entry point. The indicator is free and fully customizable. If you have any questions please contact us. Enjoy! This is a free indicator, but it took hours to develop. If you want to pay me a coffee, I appreciate a lot <

FREE

This is an informant indicator, very simple. It shows how much the price has chanded in percentage in certain period (month, week, day and actual period). It is discreet and small, does not visually posslute the chart. If your MT is not on portuguese idiom the indicator will automatically change to english. Check out our most complete tool for the market, the Trade Panel: https://www.mql5.com/en/market/product/42658 If you have any suggestion or find any bug, please, contact us. Enjoy! This is

FREE

LT Trade Copy MT4 is a high-performance utility designed for traders who need to replicate trades between MetaTrader 4 and MetaTrader 5 terminals on the same computer or local network with minimal latency and absolute precision. Engineered to be lightweight and stable, this utility allows seamless communication across platforms, making it the ideal solution for account managers and traders operating across multiple brokers simultaneously. Key Features: Dual Mode (Sender/Receiver): The s

39 USD

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1165

EB83Br72 2026.03.09 13:39 #

bom indicador, obrigado

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Reply from developer Thiago Duarte 2026.05.15 00:56 #

Fico feliz que tenha gostado!

1018

Rich8989 2024.11.22 15:50 #

Good Indicator...Thanks for sharing

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Reply from developer Thiago Duarte 2026.05.15 00:56 #

I am glad that you liked it!

2407

Rafal Krzysztof Manuszewski 2024.10.06 14:27 #

super

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Reply from developer Thiago Duarte 2026.05.15 00:57 #

I am glad that you liked it!

164

Santanilla71 2024.02.10 20:27 #

gracias muy bueno

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Reply from developer Thiago Duarte 2026.05.15 00:57 #

I am glad that you liked it!

190

Csaba Zoltan Jonas 2024.01.22 10:14 #

With the new MT5 update the indicator does not work. (Forget it, they have fixed the bug in MT5. Everything works again.)

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Reply from developer Thiago Duarte 2024.01.22 20:18 #

You could have informed me of this in the discussion tab. I would have updated the indicator on the same day.

120

Marcel Matsuno 2023.10.07 06:36 #

Bom 👍

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Reply from developer Thiago Duarte 2026.05.15 00:56 #

Fico feliz que tenha gostado!

Tom Birk 2023.08.10 13:57 #

Works Great! I use a 9 period on any time frame. Easy to read trend.

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Reply from developer Thiago Duarte 2023.08.10 15:31 #

I am glad that you liked it ˆˆ

kester ugochukwu enebeli 2022.09.11 16:14 #

helpful

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Reply from developer Thiago Duarte 2023.07.19 18:15 #

I am glad you liked it :D