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Donchian Channel Indicator

Name: Donchian Channel Indicator
Date: 2009.06.04 10:21
Downloaded:
706
Download:

You can add additional indicators to your trading platform as follow:

1.Download and unzip the file.
2. Copy the files (*.ex4, *.mq4) to "C:\Program Files\HY Trader\experts\indicators\"
3. Open HY Trader, select the chart. Click "Insert > Indicators > Custom" on the toolbar, then you can add your indicator.

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.