KT Donchian Channel

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KT Donchian Channel Indicator
MT4 | MT5
With Alerts

donchian channel indicator logo
Free Download
Specs
Release date:January 30, 2021
Last updated:January 30, 2021
Current version:1.0
Product type:Indicator
Requirements:MT4 | MT5
  • Description
  • Developers

KT Donchian Channel indicator is an advanced version of the famous Donchian channel first developed by Richard Donchian. Donchian Channel indicator is consists of three bands based on the moving average of last high and low prices.

  • Upper Band: Highest price over last n period.
  • Lower Band: Lowest price over last n period.
  • Middle Band: The average of upper and lower band (Upper Band + Lower Band) / 2.

Where n is 20 or a custom period value is chosen by the trader.

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