stockfetcher
980 posts
msg #30762 |
1/23/2004 10:15:11 AM
| Donchian Channels |
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| Parameters |
Period
Offset
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| Usage |
Donchian Upper Band(14,4)
Donchian Lower Band(14,4)
Donchian Center Band(14,4)
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| Description |
The Donchian Channels are three bands computed from the high and low prices over a given period, using a specified offset. For example: a Donchian Upper Band(14,4) is formed by finding the highest price over 14 days starting 4 days ago. The lower band is formed by finding the lowest price, while the center band is the average of the upper and lower bands.
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| Examples |
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