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  • Discusión (6)
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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!

Comentarios 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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Evgenii Aksenov
4.78 (49)
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Batsirayi L Marango
5 (1)
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Matrix Arrow Indicator MT5
Juvenille Emperor Limited
5 (14)
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4.57 (14)
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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
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Thiago Duarte
4.67 (6)
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Thiago Duarte
5 (1)
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Filtro:
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
185454
Respuesta del desarrollador 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
185454
Respuesta del desarrollador 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
185454
Respuesta del desarrollador Thiago Duarte 2023.07.19 18:15
I am glad you liked it :D
Respuesta al comentario
Versión 1.3 2024.01.22
Compiled to work with the new MT5 and MQL5 version (build 4153).
Versión 1.2 2023.07.20
- Now alerts also specify the symbol name (thanks to jaecker).
Versión 1.1 2022.05.28
- Improved calculations, now the indicator is incredibly more faster!