Forex WindWaker Trading

High/Low Channel Indicator (Donchian Channel Indicator)

High/Low Channel Indicator (Donchian Channel Indicator)

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High/Low Channel Indicator (Donchian Channel Indicator)
The High/Low Channel Indicator for MetaTrader 4 (also called Donchian Channel Indicator) shows the High and Low of the last X bars on your chart. Donchian channels are broader when there are larger price movements and narrow when prices are fairly flat. Normally, traders use 20-periods with the Donchian Channels as the default trading setting, […]
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The High/Low Channel Indicator for MetaTrader 4 (also called Donchian Channel Indicator) shows the High and Low of the last X bars on your chart.

Donchian channels are broader when there are larger price movements and narrow when prices are fairly flat. Normally, traders use 20-periods with the Donchian Channels as the default trading setting, but this value can be fine-tuned based on your trading system.

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