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Donchian Channel - DC

Donchian Channel (DC) is a Technical Indicator.
Donchian Channel (DC) indicator calculates by taking the highest high and the lowest low of the last n periods, the area between the high and the low is the channel for the period chosen.
When the Donchian Channel (DC) is narrow, the price is stable, when the Donchian Channel (DC) is wider, the price is volatile.
Donchian Channel (DC) can providing signals for Long(Buy) and Short(Sell) positions.
Donchian Channel (DC) indicator was developed by Richard Donchian.
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