Forex Software — Donchian Channel Suggestion:

Re: Donchian Channel Suggestion:

null@example.com (SpiderMan) — Tue, 22 Oct 2013 02:40:21 +0000

footon wrote:

I rembember Spiderman asked this a while back, I coded it. The indi is in the repo.

Yes, it works fine and is used on a lot of my strategies.

Re: Donchian Channel Suggestion:

null@example.com (Thresh0ld) — Sun, 20 Oct 2013 00:24:59 +0000

You're awesome.

Re: Donchian Channel Suggestion:

null@example.com (footon) — Sat, 19 Oct 2013 22:21:16 +0000

First of all, I deleted your second post - the wish list is not really for slight changes in indicators.

Secondly, there's good news. I rembember Spiderman asked this a while back, I coded it. The indi is in the repo.

http://forexsb.com/repository/repositor … an-channel

Donchian Channel Suggestion:

null@example.com (Thresh0ld) — Sat, 19 Oct 2013 21:50:02 +0000

I am designing a system that will will exit if a bar breaks the low of hte previous 3 candles. So obviously, a 3 period Donchian Channel should be used. There are 4 parameters- Close above high, close above low, close below low, close below high.
For a fast exit I dont want to wait for a candle closing and my idea was to immediately exit the market on the break of a 3 bar low.
Suggestion- Add a "crossing" parameter.

Edit:
I realized there is a topic for features requests. I'll add this to that topic.