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Apply a Donchian Channels Indicator

A simple trend-following breakout system, this moving average indicator that plots the highest high and lowest low over the last period time intervals. The signals derived from this system are based on the following basic rules:

To apply a Donchian Channels Indicator

  1. From within a chart, from the Edit menu select Studies.
  2. Choose Donchian Channels and click Add to add the study to the Applied Studies group.
  3. Complete parameters as necessary.

Once the study is defined, you can elect to uncheck/check to remove and add the study to your chart.

Important Disclosures