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Sunday, 02 October 2022
Forex-Advanced-DC-Indicator
Forex-Advanced-DC-Indicator

Forex-Advanced-DC-Indicator

Watch the testing video here:

Donchian Channels (DC) Indicator

Donchian Channels (DC) are used in technical analysis to measure a market's volatility. It is a banded indicator, similar to Bollinger Bands %B (%B). Besides measuring a market's volatility, Donchian Channels are primarily used to identify potential breakouts or overbought/oversold conditions when price reaches either the Upper or Lower Band. These instances would indicate possible trading signals.

 

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