Indicators

donchianMiddle

Donchian Channel Middle Band is the average of the upper and lower bands. It helps identify the mean price level and potential support/resistance. Price crossing this level may indicate a change in trend direction.

donchianMiddle (tick)

Donchian Channel Middle Band is the average of the upper and lower bands. It helps identify the mean price level and potential support/resistance. Price crossing this level may indicate a change in trend direction.

Input parameters

PropTypeDefaultDescription
minutes*number20The lookback period in minutes

SQL example

TICK donchianMiddle WITH minutes=20 > 100 THEN order SET size=100, price=51.00, transmit=true

averageVolume

Average Volume Algo

donchianUpper

Donchian Channel Upper Band represents the highest high price over a specified period. It helps identify potential resistance levels and breakout points. When price breaks above this level, it may indicate a strong bullish move.

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donchianMiddle (tick)Input parametersSQL example