Re: [RT] Donchian Channels??

[Clyde Lee <clydelee@xxxxxxxxxx>]

A Donchian channel is nothing more than the highest 
high and the lowest low
over some number of bars.
 
Originally it was used with weekly data and the 
common period was 4 weeks.
 
Now it is typically used with daily bars with 
channel length different for the
high and low (somewhere around 20).
 
 
Input:  HighLeng(20),  
LowLeng(20);
 
Vars:  HighChan(0),  
LowChan(0);
 
 
HighChan = Highest(High,HighLeng);
LowChan  = Lowest(Low,  
Lowleng);
 
 
Thereafter things get complicated when you try to 
apply
such a simple concept.
 
Clyde
 
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  Sent: Monday, October 21, 2002 8:06 
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  Subject: [RT] Donchian Channels??
  
  Does anyone have the code for 
  Donchian Channels for TradeStation???
   
  Any 
  help would be great
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