donchian
Donchian Channels are three lines generated by moving average calculations that comprise an indicator formed by upper and lower bands around a midrange or median band. The upper band marks the highest price of a security over N periods while the lower band marks the lowest price of a security over N periods. The area between the upper and lower bands represents the Donchian Channel.
Usage
donchian [-u N_LENGTH_UPPER] [-l N_LENGTH_LOWER]
Parameters
Name | Description | Default | Optional | Choices |
---|---|---|---|---|
n_length_upper | length | 20 | True | None |
n_length_lower | length | 20 | True | None |