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Santa Donchian

FREE

Published: 9 October 2021

Current version: 1.0

Santa Donchian

Name: Santa Donchian
Rating: 4.5 (2 reviews)
Author: Marco Aurelio Cestari

4.5

Santa Donchian Indicator is an efficient way to detect support, resistence and break outs in any market.

The Donchian channel measures the high and the low of a previously defined range. Typically, a trader would look for a well-defined range and then wait for the price to break out to either one side for a trade entry trigger.

Advantages

Never repaints, never backpaints, never recalculates.
Works in all symbols and all timeframes.
Perfect trend filter for any strategy or expert advisor.
Fully compatible with Expert Advisor (EA) development.

more...

Brian 2022.07.20 05:20 #

Donchian Channel indicator a great addition to the Santa Trader. Thank you for posting it.

1209

Cristian Mateo Duque Ocampo 2023.10.18 14:44 #

This is an excellent indicator, impeccable work, it contains proprietary parameters such as channel offset, period and deviation that make it very useful. Additionally, the usability that allows to identify the candlesticks by colors makes it visually very easy to use. I would only add alerts and the appearance of the mean line, also perhaps some more information about its use or calculation in the presentation of the indicator would be useful. Otherwise I think it is an excellent job.

Este es un excelente indicador, un trabajo impecable, contiene parámetros propios como el desplazamiento del canal, el periodo y la desviación que lo hacen muy útil. Adicionalmente, la usabilidad que permite identificar las velas por colores hacen que sea visualmente muy fácil de usar. Solo agregaría alertas y la aparición de la línea media, también quizá seria útil algo mas de información sobre su utilización o calculo en la presentación del indicador. Por lo demás considero que es un excelente trabajo.

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This indicator belongs to the family of channel indicators. These channel indicator was created based on the principle that the market will always trade in a swinging like pattern. The swinging like pattern is caused by the existence of both the bulls and bears in a market. This causes a market to trade in a dynamic channel. it is designed to help the buyer to identify the levels at which the bulls are buying and the bear are selling. The bulls are buying when the Market is cheap and the bears a

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Simple Renko Chart Generator. Just place the EA on the desired symbol, configure and hit OK, your Renko Chart is generated. You can attach any MT5 compatible indicator or template to the renko chart and perform your technical analysis. Settings: Origin Symbol Custom Symbol Type (Pips, Ticks, Points, R) Brick Size Show Wicks Brick Open Time Asymmetric Reversals Chart Mode Refresh Ratio Watch Market Book History Start Date History Type (1 minute OHLC, Real Ticks) * Strategy Tester: Use 1 minu

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Santa Trend Indicator is an efficient way to forecast and detect the trend in any market. Advantages Generates instant buy and sell signals. Provides an alternate exit strategy to your existing trading system. Never repaints, never backpaints, never recalculates. Works in all symbols and all timeframes. Perfect trend filter for any strategy or expert advisor. Fully compatible with Expert Advisor (EA) development. Does not lag.

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Santa Bollinger Indicator is an efficient way to detect price retracement in any market. A common approach is to identify overbought or oversold market conditions. When the price of the asset breaks below the lower band of the Bollinger Bands, prices have perhaps fallen too much and are due to bounce. On the other hand, when price breaks above the upper band, the market is perhaps overbought and due for a pullback . Advantages Generates instant buy and sell signals. Never repaints, never back

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Filter:

1209

Cristian Mateo Duque Ocampo 2023.10.18 14:44 #

quangdai1406 2022.08.12 05:16 #

User didn't leave any comment to the rating

Brian 2022.07.20 05:20 #

Donchian Channel indicator a great addition to the Santa Trader. Thank you for posting it.

Peter Pedro 2022.01.08 23:02 #

User didn't leave any comment to the rating

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Alexandre Sousa Bezerra 2021.10.31 15:19 #

User didn't leave any comment to the rating

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Reply from developer Marco Aurelio Cestari 2021.11.01 03:00 #

Thank you Alexandre! Probably someone hurt ThorstenKock, so he comes here to make useless reviews on every market product, trying to slander and end up feeling better somehow, poor guy.

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ThorstenKock 2021.10.29 01:07 #

User didn't leave any comment to the rating

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Reply from developer Marco Aurelio Cestari 2021.11.02 00:53 #

You should be banned. You're giving 1 star to every new product on the market with useless reviews.