Donchian Channels (DC)

Category: volatility, market_structure

Calculates the highest high and lowest low over a specific period, creating a price channel that identifies market range and volatility.

Formula

Upper = max(high, n)\nLower = min(low, n)\nBasis = (Upper + Lower) / 2

Inputs

• i_period (default: 20)
• i_high (default: high)
• i_low (default: low)

See signal primitives and every published strategy that uses Donchian Channels (DC) on WOBR StrategyVerse.