- distance – required maximum width of the donchian chanel in points.
- fixed – if false, chanel can be narrower than “distance”. If true, it has to be the size of “distance”.
MT4 Indicator Download – Instructions
Limited Donchian Chanel Indicator is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
Limited Donchian Chanel Indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install Limited Donchian Chanel Indicator.mq4?
- Download Limited Donchian Chanel Indicator.mq4
- Copy Limited Donchian Chanel Indicator.mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on Limited Donchian Chanel Indicator.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator Limited Donchian Chanel Indicator.mq4 is available on your Chart
How to remove Limited Donchian Chanel Indicator.mq4 from your Metatrader 4 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
MT4 Indicators Download below: