What Is The Donchian Channel & How To Trade With It

Donchian Channel Indicator

The Donchian Channel indicator was developed by Richard Donchian and is used in trading various markets including the forex market. The Donchian Channel is formed by taking the highest high and the lowest low of the last “x” amount of periods. The area between the high and the low is the channel for the users chosen periods. This technical indicator is not commonly available on most trading platforms although it can be downloaded for free and added to your platforms trading tools. The Donchian Channel can be used for trend trading and reversal trading on any trading instrument of your …READ MORE