Donchian Channel with Fibbed Levels and Alerts – indicator MetaTrader 4

Donchian Channel with Fibbed Levels and Alerts - indicator for MetaTrader 4
I enhanced the original concept of the Donchian channel to include the ability to set additional levels internal or external of the calculated range. This has resulted in a great indi that can run behind any moving average cross strategy or such like so that you have current levels to aim toward or place stops

Donchian Channels System – indicator MetaTrader 5

Figure 1. Donchian_Channels_System
The indicator implements a breakthrough system using Donchian_Channels. When price exits the gray channel, the candlestick color changes to the color corresponding to trend direction. Green for the growth of a financial asset, orange color – fall. Bright colors denote coincidence of trend direction and direction of a candlestick. Dark colors correspond to the situation

Donchian Fibo – indicator MetaTrader 5

Donchian Fibo for MetaTrader 5
Authors: Richard Donchian, based on the code by Luis Guilherme Damiani, posted by Nikolay Kositsin. (All credits maintained.) This indicator is a modified version of Donchian Channels by Luis Guilherme Damiani, inspired by DonForex DonchianFibo indicator MetaTrader 4. I never found this indicator for Metatrader 5, so i made one for me. Hope you enjoy it. Donchian