Richard Donchian was a futures trader, who’s attributed with making the widely accepted Donchian Channel Indicator. Richard Donchian is known as the grandfather of trend following. The Donchian Channel is made by using the highest high of x length of age, and the lowest low of the identical x length of age, then marking the location between those values on the chart. The Donchian channel is a beneficial indicator for observing the volatility of a market value.
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April 7, 2011
The Trick To The Donchian Indicator For Easy Profits
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