Santa Donchian Indicator is an efficient way to detect support, resistence and break outs in any market.
The Donchian channel measures the high and the low of a previously defined range. Typically, a trader would look for a well-defined range and then wait for the price to break out to either one side for a trade entry trigger.Advantages
- Never repaints, never backpaints, never recalculates.
- Works in all symbols and all timeframes.
- Perfect trend filter for any strategy or expert advisor.
- Fully compatible with Expert Advisor (EA) development.
