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Posted: **23 Nov 2015**

I found many posts about Donchian channel code. Although neither one starts the look-back period without including the last bar. To have the price crossing the channel it is important that today´s bar is not included. It is a very simple question but I couldn´t figure out how to code it in a simple way.
Thanks in advance
Marcela Carvalho

Posted: **23 Nov 2015**

Code: Select all




{ Donchian Channel based on "Previous Close" prices }



Inputs: Length(13), ShowAvg(true);



Var: DonchianHi(0), DonchianLo(0), Donavg(0);



DonchianHi = Highest(C, Length)[1];

DonchianLo = Lowest(C, Length)[1];

DonAvg = ((DonchianHi + DonchianLo) / 2);



Plot1(DonchianHi, "DonchianHi");

Plot2(DonchianLo, "DonchianLo");



if ShowAvg = true then

Plot3(DonAvg, "DonchianAvg");

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Donchian channel right code?

Donchian channel right code?

Re: Donchian channel right code?