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- Views:
- 8947
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- Published:
- 2018.03.01 11:29
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Donchian Channel.
The indicator has two input parameters:
- Period - calculation period;
- Mode of calculation - calculation price: High/Low, or Close.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/19793
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The indicator draws the opening price of the day. It works on timeframes up to H1.
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The indicator calculates the ATR value based on the minimum price differences of the current and previous day, taking into account the volume of the current day.
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Dynamic Moving Average.