Well, I am new to the Donchian Channels and I found out about it a few days ago. I like the way Donchian Channels look on the chart.
I intended to open this thread in the "Interactive Trading" section for more traders to post setups with the Donchian Channels but I realized I needed 4 vouches for it in order to do that but anyway I think that "Trading systems" will be a good spot for it as long as we get enough interaction from members.
Here is the indicator I have:
Here are some trades setups taken with multiple Donchian Channels:
I used 6 DCs on the above setups: white period= 4 and purple period =24,34,44, 54, 64.
I intended to open this thread in the "Interactive Trading" section for more traders to post setups with the Donchian Channels but I realized I needed 4 vouches for it in order to do that but anyway I think that "Trading systems" will be a good spot for it as long as we get enough interaction from members.
Here is the indicator I have:
Attached File(s)
Donchian Channels.mq4
3 KB
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3,143 downloads
Here are some trades setups taken with multiple Donchian Channels:
I used 6 DCs on the above setups: white period= 4 and purple period =24,34,44, 54, 64.