Limited Donchian Chanel Indicator

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Name:
Limited Donchian Chanel Indicator
Author: Peet (2013.06.05 08:24)
Downloaded: 13
Download:
Limited Donchian Chanel Indicator 1
 Limiteddonchianchanel.mq4 (3.1 Kb) View

Description:

External variables:

  • distance - required maximum width of the donchian chanel in points.
  • fixed - if false, chanel can be narrower than "distance". If true, it has to be the size of "distance".

Image:

Standard settings on EURUSD M5.

Limited Donchian Chanel Indicator 2

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