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Creator: Richard Donchian Period: 20 As long as the price is higher than the price of the previous 20 periods, the upper band of the indicat
Mastering the Donchian Channel: A Guide to Trend Analysis and Breakout Strategies
The Donchian Channel Indicator plots upper and lower bands around price action, based on the highest high and lowest low over a set period. It helps identify trends, breakouts, and potential reversals by highlighting price volatility and market momentum.
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