sylvester21 wrote: Sun Nov 20, 2022 3:19 pm Hello Mr Tools and Honje,
Thank you for sharing this indicator. May i know if there's any guide/tips on how to use it, as there's a few lines crossing and might looks confusing for some traders. Thanks!

Hi sylvester21

The indicator of the Donchian channel is optimized by me. Its trading signals are simple.


1. If the MA is on Donchian Channel, do not trade
2.MA broke Donchian Channel, only buy
3. MA breaks through Donchian Channel, only sell

I personally have a habit of confirming trade signals from multiple time frame charts as well as multiple indicators. If they coincide, the trading signal is valid. If inconsistent, no transaction.

Honje