DNC Percentage oscillator displays a relative price position inside the Donchian channel in a separate window.
It has two configurable parameters:
Calculation:
Percentage = ((Close - Bottom) / (Top - Bottom)) * 100.0
where:
Top = Max(High, Period) Bottom = Min(Low, Period)

Fig. 1. DNC Percentage

Fig. 2. DNC Percentage and Donchian channel
Tradotto dal russo da MetaQuotes Ltd.
Codice originale https://www.mql5.com/ru/code/22193