Donchian

ChrisNYE · 2018-08-10T07:41:45+00:00

Hi Guys what is the code for the middle donchian channel line? I know the top and bottom are highest and lowest, but cannot code the middle?

Viewing 9 posts - 1 through 9 (of 9 total)

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08/10/2018 at 8:41 AM #77931 quote

ChrisNYE
Participant

Senior

Hi Guys what is the code for the middle donchian channel line? I know the top and bottom are highest and lowest, but cannot code the middle?

08/10/2018 at 9:19 AM #77933 quote
robertogozzi
Moderator

Legend
From https://www.prorealcode.com/prorealtime-indicators/donchian/:
```
Upper = HIGHEST[a](HIGH[1])
Lower = LOWEST[a](LOW[1])
Middle = (Upper + Lower) / 2
 
RETURN upper AS"uper", lower AS"lower", middle AS"middle"
```
08/10/2018 at 10:01 AM #77936 quote
ChrisNYE
Participant

Senior
```
donchianUpperBand=Highest[50](close[1])
donchianLowerBand=Lowest[50](close[1])
```
This is what I coded, but can’t get middle to work?
08/10/2018 at 10:05 AM #77939 quote

Nicolas
Keymaster

Legend

Did you try the code from Roberto? It should work.
Middle of a Donchian channel is the same as Kijun from Ichimoku, FYI.

08/10/2018 at 10:09 AM #77940 quote

ChrisNYE
Participant

Senior

Yes, but this code is an itf file which is an indicator. I am trying to code it for my algo trading.

08/10/2018 at 10:11 AM #77941 quote

ChrisNYE
Participant

Senior

I see know that it is an indicator I can use it in my code by clicking on it and it will automatically code it for me. THANK YOU

08/10/2018 at 10:14 AM #77942 quote

ChrisNYE
Participant

Senior

How do I put this on my price chart rather than a field below the price?

08/10/2018 at 10:38 AM #77947 quote

robertogozzi
Moderator

Legend

Click on the WRENCH in the upper left corner of your price chart, then click ADD and select the indicator.

08/11/2018 at 6:00 AM #77998 quote

ChrisNYE
Participant

Senior

Thank you
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