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The Donchian Channels indicator is a technical analysis tool developed by Richard Donchian that allows traders to visualize an asset’s volatility and price ranges. It consists of three lines: the upper line, marking the highest price reached over a specific period; the lower line, indicating the lowest price for the same interval; and the middle line, representing the midpoint between the two. This indicator is widely used to identify trend breakouts and consolidation zones: when the price rise