Donchain highest lowest price channel

Introducing the Donchian Channels indicator for MQL4, a powerful technical analysis tool designed to boost your trading success. This indicator consists of four lines that represent the upper and lower boundaries of price movement over a specified period.

With the Donchian Channels indicator, you can easily identify potential breakouts and reversals in the market. The upper line shows the highest high of the specified period, while the lower line represents the lowest low. The space between these lines creates a channel, providing valuable insights into the price range in which the asset has been trading.

But that's not all - we've taken this incredible indicator a step further. Our modification allows you to reduce the width of the channel by a certain percentage, denoted as 'shadowTop' and 'shadowBottom'. By narrowing the channel, you gain greater sensitivity to price fluctuations and can pinpoint precise entry and exit points.

Whether you're a seasoned trader or just starting out, the Donchian Channels indicator with reduced channel width is a must-have tool in your trading arsenal. It enables you to make informed decisions based on market volatility and price action.

Don't miss out on this opportunity to take your trading to new heights. Experience the power of the Donchian Channels indicator with reduced channel width and unlock your trading potential today.


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Effortless trading: non-repainting indicator for accurate price reversals This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides
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There is always a need to measure if the market is "quiet" or it is volatile. One of the possible way is to use standard deviations, but the issue is simple : We do not have some levels that could help us find out if the market is in a state of lower or higher volatility. This indicator is attempting to do that : •           values above level 0 are indicating state of higher volatility (=GREEN buffer) •           values below level 0 are indicating state of lower volatility (=RED buffer)
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Are you tired of the uncertainty that arises when your orders fail to stop at a specific line due to the spread? Look no further! Introducing our  indicator that plots candlesticks based on the Ask price instead of the traditional bid-based chart commonly used in MQL4. With this indicator, you can say goodbye to the frustrations caused by the bid-based chart, as it provides you with a more accurate representation of market movements. By utilizing the Ask price, which represents the price at whic
Are you tired of the uncertainty that arises when your orders fail to stop at a specific line due to the spread? Look no further! Introducing our  indicator that plots candlesticks based on the Ask price instead of the traditional bid-based chart commonly used in MQL4. With this indicator, you can say goodbye to the frustrations caused by the bid-based chart, as it provides you with a more accurate representation of market movements. By utilizing the Ask price, which represents the price at whic
The SuperChannel indicator for MQL4 is a POWERFUL technical analysis tool designed to help you make informed trading decisions. BASED ON the popular SUPERTREND indicator, this indicator offers a UNIQUE approach Using HIGHS and LOWS over an n-period instead of the Average True Range (ATR) to construct the line. The SuperChannel indicator allows you to easily identify market trends and pinpoint optimal entry and exit points for your trades. By using historical highs and lows, the indicator plots a
How many time is Candle's Range bigger than Atr indicator?  HERE IS THE ANSWER YOU WERE LOOKING FOR!! This awesome indicator is meant to better read market and keep Valuable informations for a good trading payload. let me know if you like it in comments, if it's usefull and if you have hints to make it better i would appreciate it. this indicator measures proportion between range and atr
**** SPECIAL GIFT ****  Since this is my first strategy sold here, i want to give it for a special price for the first 100 buyers :)  **** SPECIAL GIFT **** https://www.instagram.com/reel/DHZE3P1IBED/ <-- here a live bt of my best backtest with this strategy, i bet you can beat me :D a unique strategy based on candlestick patterns and Bollinger Bands to identify and execute trading opportunities. It aims to capitalize on market momentum by analyzing the 'weight' or strength of candlesticks, com
FORTEZZA SNIPER 5P The Algorithmic Elite | The Formula of Confluence There are thousands of Expert Advisors. Then, there is Fortezza Sniper 5P . A restricted protocol developed for those who demand institutional stability and absolute capital protection. The internal logic remains proprietary; the results speak for themselves. The Facts (2024-2026 Audit): Profit Factor: 2.92 Max Drawdown: 2.48% (Extreme Stability) Efficiency: Reward/Risk ratio higher than 15:1 Safety: No Martingale. No Gri
️ PROTOCOLE ORION 2P : L’Architecture du Profit Inévitable Cessez de poursuivre le marché. Commencez à dicter les règles. Le trading conventionnel est une bataille perdue d’avance contre le chaos. Le PROTOCOLE ORION 2P n'est ni un indicateur, ni un conseil : c'est un Protocole Algorithmique à Logique Binaire conçu pour une mission unique : l'extraction systématique de valeur. Tandis que les autres tentent de deviner la direction, nous avons construit une cage mathématique. L'Anatomie de la
Maximize your trading precision with StructureFX: the advanced algorithm for objective market structure validation. Eliminate discretion: this tool identifies structural Swing Highs and Lows based exclusively on dynamic price confirmation. Its core strength lies in the integrated logic: a high or low is validated as a structural reference only upon the actual breach of the previous reference level . Fractal Identification: Instantly pinpoints isolated pivots within the current trend. Structure V
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