Donchian Channel


 
 

 

 

 

Donchian Channel is trend-following indicator in technical analyses to measure a market's volatility. Indicator was created by commodities trader Richard Donchian well known as "The Father of Trend Following". Donchian Channel plots two lines on a chart and these lines are formed by taking the highest high and lowest low of the last n periods. Typically Donchian Channel is used on daily chart with setting period 20 days but possible to use it on any timeframe.

 

Requirements

 

Operating system: Windows XP or more recent. (Note: If you want to use Mac operating system you need third party software (like Parallels) to run Windows on your Mac)

Screen resolution: Minimum of 1024x768

Internet: Connection speed of 36.6 Kbps or faster

Installed applications:Meta Trader 4 (Version 4.00 Build 1090) (It is possible it works for older builds, however it is not tested)
 

 

2016.02.01

Version 1.000

First public release!