Technical Indicators
Dukascopy Bank SA


Dukascopy Bank SA
Managed Forex Accounts
Choose from a multitude of forex traders. More
Featured Forex Brokers
Open a free demo or live account with a featured forex broker. More
Copy the trades of expert traders automatically on your own account. More

Donchian Channel

Created by Richard Donchian. This indicator is a breakout system that traders use to follow the trend. And the area between the high and the low is the channel.



When the Donchican Channel is narrow, then the price is stable.
When the Donchian Channel is wide, then that means a higher volatility and price fluctuates a lot.

A buy signal is given, when price rises above the Donchian Channel.

A sell signal is given, when the price rises below the Donchian Channel.


calculated by taking the highest high and the lowest low of the last number of periods.

More Technical Indicators:


ZuluTrade Alpha Judge
Trading Services Reviews

Bookmark this page

Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

©2004-2013 GoForex. All Rights Reserved. *Disclaimer | GCI Financial Warning!