KT Donchian Channel MT5
- 지표
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KEENBASE SOFTWARE SOLUTIONS
Keenbase Trading은 트레이더가 더욱 정확하고 신뢰할 수 있는 거래 결정을 내릴 수 있도록 MetaTrader 4 및 MetaTrader 5용 전문 지표와 Expert Advisor(EA)를 개발합니다.
당사의 제품은 실전에서 활용할 수 있는 거래 로직과 직관적인 사용자 경험을 결합하여 안정성, 사용 편의성, 그리고 체계적인 리스크 관리에 중점을 두고 설계되었습니다. 모든 도구는 철저한 테스트를 거쳐 실제 시장 환경에서도 일관되고 안정적인 성능을 제공할 수 있도록 개발됩니다. - 버전: 1.0
KT Donchian Channel is an advanced version of the famous Donchian channel first developed by Richard Donchian. It consists of three bands based on the moving average of last high and low prices.
- Upper Band: Highest price over last n period.
- Lower Band: Lowest price over last n period.
- Middle Band: The average of upper and lower band (Upper Band + Lower Band) / 2.
Where n is 20 or a custom period value is chosen by the trader.
Features
- A straightforward implementation of the Donchian channel blended with some useful customizations.
- Cross-Timeframe ability. You can have a Donchian channel from H1 on a 15 min. timeframe.
- Alerts are provided when the price touches a band.
- It displays the price tag with each band.
- Ability to customize the alerts for each band.
- All Metatrader alerts are included.
Inputs
- Channel Period: An integer value to select the n period of the Donchian channels.
- Channel Timeframe: You can choose a custom timeframe. For example, you can have a Donchian channel from M30 on M5 timeframe.
- Draw Price Tags: If true, price tags will be plotted for each band.
- Upper Band Alert: Alert generated when price touches the upper band.
- Middle Band Alert: Alert generated when price touches the middle band.
- Lower Band Alert: Alert generated when price touches the lower band.
Applications
- You can use the Donchian channel to detect reversals, breakouts, newly formed trend, and stop-loss trailing.
- One can also use the Donchian channel to design mean reversion trading strategies.
