====== Donchian Channel ======

FIXME

===== Parameters =====


**Logical rules for Opening Point of the Position slot.**
  * Enter long at Upper Band;
  * Enter long at Lower Band;

**Logical rules for Opening Logic Condition slot.**
  * The bar opens below Upper Band;
  * The bar opens above Upper Band;
  * The bar opens below Lower Band;
  * The bar opens above Lower Band;
  * The position opens below Upper Band;
  * The position opens above Upper Band;
  * The position opens below Lower Band;
  * The position opens above Lower Band;
  * The bar opens below Upper Band after opening above it;
  * The bar opens above Upper Band after opening below it;
  * The bar opens below Lower Band after opening above it;
  * The bar opens above Lower Band after opening below it;

**Logical rules for Closing Point of the Position slot.**
  * Exit long at Upper Band;
  * Exit long at Lower Band;

**Logical rules for Closing Logic Condition slot.**
  * The bar closes below Upper Band;
  * The bar closes above Upper Band;
  * The bar closes below Lower Band;
  * The bar closes above Lower Band;

**List box parameters**
  * **Base price** (High & Low). Indicator uses High and Low prices. Options: High & Low.

**Numeric box parameters**
  * **Period** (10). The width of the range we are looking for an extreme in. Minimum: 1, Maximum: 200.
  * **Shift** (0). The number of bars to shift with. Minimum: 0, Maximum: 200.

===== Implementation =====

C# source code: [[https://github.com/PopovMP/FSB_Pro_Indicators/blob/master/Indicators/Store/DonchianChannel.cs|Donchian Channel]].

MQL source code: [[https://github.com/PopovMP/FSB_Expert_Advisor_Code/blob/master/Forexsb.com/Indicators/DonchianChannel.mqh|Donchian Channel]].