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This library is for
MetaTrader 4
Download MT 4 - 455 Kb

and Trade on the Go!

and Trade on the Go!

Name:
Donchian Channel Indicator
Author: schnappi (2009.06.04 10:21)
Downloaded: 25101
Download:
 Donchian.mq4 (1.9 Kb) View

Author:

Code: me.
Idea: Richard Davoud Donchian --> http://en.wikipedia.org/wiki/Donchian_channel

Description:

The upper line shows the highest high of n bars.
The lower line shows the lowest low of n bars.

Image:



Tested, yes. But not excessively. Use at your own risk. Feel free to modify or do whatever with it.

3 comments  To post a new comment, please log in or register
is any such indicator available for android trader mt4
05.04.2013 13:19 monirul

Yes, vip simple yet ... interesting so let playtime commence as first glance is solid+simple and therefore I look for some regular employment for it :/


Per "..do whatever with it."

  1. (L21) extern int eiBarsBack=500; //tia.1/17aug09
  2. (L58) limit = MathMin(limit,eiBarsBack); //tia.1/17aug09
  3. (L63) IndicatorDigits(MarketInfo(Symbol(),MODE_DIGITS)); //tia.2/17aug09

Actually, even 500 is excessive imho but what the heck!


Thank You schnappi


me


ps. thanks also Wiki link - am now wondering what other links you have :/

pps. is bio showing a chant? If so tell all!

17.08.2009 16:31 fbj

I like this!


07.06.2009 14:21 twizt