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LT Donchian Channel

4.75

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!

Reviews 5
Santanilla71
164
Santanilla71 2024.02.10 20:27 
 

gracias muy bueno

Marcel Matsuno
120
Marcel Matsuno 2023.10.07 06:36 
 

Bom 👍

Tom Birk
53
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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Thiago Duarte
4.67 (42)
Have you missed any tools or shortcuts in Meta Trader? Simple things that would make your daily trading much easier ? We have the solution for you: our Trade Panel! This is an EA tool (Expert Advisor) that, if configured to controll all symbols, needs to be loaded only once. This is the Lite version (free) of our tool. Professional version:   https://www.mql5.com/en/market/product/42658 Obs. Trade Panel has the power  to unpin from Me ta  T rader  to con trol all  the symbols wi thou t
FREE
LT Watermark MT5
Thiago Duarte
4.69 (16)
This indicator draw a watermark on the chart, with the timeframe and symbol name. You can change everything, including add a aditional watermark. Functions: Symbol watermark: Size -  text size. Font -  text font. Color -  text color. Background text -  watermark at foreground or background mode. Horizontal correction -  x correction in pixels. Vertical correction -  y correction in pixels. Separator period X symbol -  what will separate the period from symbol. Aditional watermark: Enable custom
FREE
LT Volume
Thiago Duarte
4.69 (13)
This is a conventional volume indicator, which displays the ticks or real volume (if available from your broker). But it has others features like: 5 color schemes: single, when crossing with moving average, when crossing a specific level, when having different volume between bars and when candle change color. Being hable to have a customizable moving average. Being hable to have a value indicator line. Many thanks to  Diego Silvestrin  for the ideas to version 1.1 and   Konstantin Demidov   for
FREE
LT Day High Low
Thiago Duarte
4.59 (27)
This indicator draw a line on high and low levels of X number of days. It is possible to have an alert (in the software and mobile app) for when the price breaks the high or low of the current day. Configurações: Days -   past days to calculate (1 = actual day only). Alert when reach levels -   activate the alert for specific levels or both. Push notification -   enable the alert to the mobile MT5 app. Appearance High -   high level color. Low -   low level color. Size actual day -   thi
FREE
LT Clock MT5
Thiago Duarte
5 (10)
Simple indicator that draws the market hours on chart (broker, local and GMT). Functions: Horizontal distance - from border. Vertical distance - from border. Color - text color. Font - text font. Size - text size. Corner - which chart corner will be drawn. Show seconds - show or hide seconds. Draw as background - candles front or back. Label local - text before local time. Label broker - text before broker time. Label GMT - text before GMT time. Separator - separator between label and time Objec
FREE
Active Symbol is a tool that works together with our Trade Panel. Since version 1.2 our panel can manage multiple symbols without having to open it in all of them, just one. This tool make this possible, because with it the actual or remote symbol information are saved for our Trade Panel to use. Remember to enable the panel control mode in the all symbols function. If you have some problemas with the shortcut buttons on chart on unpinned mode of Trade Panel try change the tickets digits option.
FREE
Do you like Meta Trader? Nice, me too. Have you missed one or more features that could exist in it? Me too. Annoyed by this, I decided to create the Trade Panel. This tool has two versions: Lite and Pro. It is literally magical!  It expands, and a lot, the possibilities of your Meta Trader! It ceases to be a good program and becomes excellent! Do you doubt? It is okay. Buy and see for yourself ;) One warning: you will love it! Lite version (free):   https://www.mql5.com/en/market/product/40410 A
RSI with Moving Average
Thiago Duarte
4.86 (14)
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 . Overboug
FREE
LT Weis Waves
Thiago Duarte
5 (11)
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
LT Easy Market
Thiago Duarte
5 (3)
Easy Market makes the market easier to trade. It allows you to see an "eternally" side (no trend) market, making it extremely easy to see when the price is overbought or oversold. Both trend and consolidation traders will like Easy Market. You can use it as an auxiliary window (below chart) or in full screen mode. See the screenshots and note how it gives you accurate entries! If you have any doubt or suggestion, please, contact us! Ejoy!
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
LT Force
Thiago Duarte
5 (6)
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! This is a fre
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
FREE
Trade Copy is an EA-shaped tool that replicates the trades done on a Meta Trader 5 to all Meta Traders 5 opened on same computer. Is useful if you want to trade more than once account yours or if you want to work with third party account management. Demo version:  https://www.mql5.com/pt/market/product/40906 MT4 version:  https://www.mql5.com/pt/market/product/40902/ Configurations: MAIN OPTIONS Idiom - change to English or Portuguese. Copy trades from - specify if the trades will be copied fro
LT Round Numbers
Thiago Duarte
4.8 (5)
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
LT Watermark MT4
Thiago Duarte
5 (4)
This indicator draw a watermark on the chart, with the timeframe and symbol name. You can change everything, including add a aditional watermark. Functions: Symbol watermark: Size -  text size. Font -  text font. Color -  text color. Background text -  watermark at foreground or background mode. Horizontal correction -  x correction in pixels. Vertical correction -  y correction in pixels. Separator period X symbol -  what will separate the period from symbol. Aditional watermark: Enable custom
FREE
Volume Weighted Average Price or VWAP is an indicator wich shows different average prices on chart. This is very useful to find strong negotiation price areas and as trend following. Configurations: Day, Week and Month - Show different VWAPs according to the period. You can change each line style on "colors" tab. 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 appreciate a lot   <3 PayPal, Skrill, Ne
FREE
LT Clock MT4
Thiago Duarte
4.73 (11)
Simple indicator that draws the market hours on chart (broker, local and GMT). Functions: Horizontal distance -  from border. Vertical distance -  from border. Color -  text color. Font -  text font. Size -  text size. Corner -  which chart corner will be drawn. Show seconds -  show or hide seconds. Draw as background -  candles front or back. Label local -  text before local time. Label broker -  text before broker time. Label GMT -  text before GMT time. Object ID -  identification from object
FREE
Are you the type who likes to use moving averages and surf the trend? Me Too! that is why I developed this indicator. It is basically a moving average that changes the color according to the trend (up or down). Its appearance can be customized and the price method too. The setup is very simple, no need to explain. If you have any questions or find any errors 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   <3
FREE
New Candle Alert MT5
Thiago Duarte
4.8 (5)
New Candle Alert is a simple indicator that notify you when a new candle is formed. Func tions : Alert type - option to choose between message with sound or only sound. Message -   alert message. Push notifications -   enable push notifications. Show timeframe -  show the symbol timeframe. Show hour -   show the alarm time. Test message - if you don't want to wait a new candle formed to see the message. MT4 version:  https://www.mql5.com/pt/market/product/37988 Hope you enjoy it. Any doubt or su
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
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
Candle Cross MA
Thiago Duarte
5 (3)
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
LT Price Change
Thiago Duarte
4.88 (17)
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 i
FREE
As it name implies, this is an exaustion oscillator. However, you may wonder: what differs you from others oscillators like RSI, Stochastic, CCI etc? The difference is that ours is more powerful and accurate ! Your oscillator filters the nois e made by other oscillators, and shows you only the exact moment to enter the trade. Of course, using it alone, like any other indicator, has its risks. Ideally, reconcile it with technical analysis and/or others indicators. If you buy i t you ge t up  to 1
Trade Copy is an EA-shaped tool that replicates the trades done on a Meta Trader 5 to all Meta Traders 5 opened on same computer. Is useful if you want to trade more than once account yours or if you want to work with third party account management. The images are from MT5 because it is the same as MT4. Demo version:  https://www.mql5.com/pt/market/product/40947 MT5 version (more advanced):  https://www.mql5.com/en/market/product/40901 Configurations: MAIN OPTIONS Idiom -  change to English or
LT Spread MT5
Thiago Duarte
5 (1)
This is a simple indicator that shows the spread in points. It is useful for those like trade scalper, in addition to be customizable. Functions: Color - I don't need to explain :) Font type - I don't need to explain :) Font size - I don't need to explain :) First text - text in front of spread number Second text - aditional text after the spread number. Corner - specify the corner where the spread will be written. Horizontal distance - horizontal distance from the edge. Vertical distance -
FREE
LT Simple Price
Thiago Duarte
4.67 (6)
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
Filter:
Santanilla71
164
Santanilla71 2024.02.10 20:27 
 

gracias muy bueno

Csaba Zoltan Jonas
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.)

Thiago Duarte
184521
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.
Marcel Matsuno
120
Marcel Matsuno 2023.10.07 06:36 
 

Bom 👍

Tom Birk
53
Tom Birk 2023.08.10 13:57 
 

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

Thiago Duarte
184521
Reply from developer Thiago Duarte 2023.08.10 15:31
I am glad that you liked it ˆˆ
kester ugochukwu enebeli
80
kester ugochukwu enebeli 2022.09.11 16:14 
 

helpful

Thiago Duarte
184521
Reply from developer Thiago Duarte 2023.07.19 18:15
I am glad you liked it :D
Reply to review
Version 1.3 2024.01.22
Compiled to work with the new MT5 and MQL5 version (build 4153).
Version 1.2 2023.07.20
- Now alerts also specify the symbol name (thanks to jaecker).
Version 1.1 2022.05.28
- Improved calculations, now the indicator is incredibly more faster!