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Donchian Channel Indicator Wrong

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    Donchian Channel Indicator Wrong

    I was checking out the Donchian channel in NT 8 and compared it to the ones on other platforms, such as Thinkorswim, with the same settings. It seems that NT 8's version of the Donchian channel is incorrect. When the close should be breaking the upper or lower bands it does not in NT 8. I think this may be because the Donchain is supposed to be the highest high and lowest low for the past N bars not including the current Bar. The NT 8 version seems to use the current bar values when calculating the upper and lower bands, which it shouldn't/

    Any clarification on this matter would be helpful.

    #2
    Hello adaeiqendqw,

    The Donchian Channel plots the highest high and lowest low over the Period you define (amount of price bars).

    The 'Calculate' setting in the Indicator menu can be set to 'On bar close' and the indicator will not be calculated on the current price bar.
    JasonNinjaTrader Customer Service

    Comment


      #3
      Originally posted by NinjaTrader_Jason View Post
      Hello adaeiqendqw,

      The Donchian Channel plots the highest high and lowest low over the Period you define (amount of price bars).

      The 'Calculate' setting in the Indicator menu can be set to 'On bar close' and the indicator will not be calculated on the current price bar.
      Ahhh ok thank you so much for the clarification.

      Comment

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