<![CDATA[Forex Software — How to use modified Donchain channel indicator?]]> https://forexsb.com/forum/topic/4895/how-to-use-modified-donchain-channel-indicator/ Sun, 27 Jul 2014 19:21:49 +0000 PunBB <![CDATA[Re: How to use modified Donchain channel indicator?]]> https://forexsb.com/forum/post/25748/#p25748 You can use Donchian Channel  indicator with a logic rule: "The bar opens above Upper Band".

This is actually Open price is higher than the highest High of last n bars. Where n is the period of Donchian Channel. It may work because Open is virtually equal to previous Close.

]]> Sun, 27 Jul 2014 19:21:49 +0000 https://forexsb.com/forum/post/25748/#p25748 <![CDATA[How to use modified Donchain channel indicator?]]> https://forexsb.com/forum/post/25746/#p25746 Hi all,

I would like to open position if closing price is higher that highest price from last previous n bars.

How can I implement such strategy?

]]> Sun, 27 Jul 2014 16:41:40 +0000 https://forexsb.com/forum/post/25746/#p25746