20-bar channel height as a percent of its midpoint.
Preview
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What it measures
The highest high and lowest low of the window: the breakout channel the turtle rules used.
- Inputs
- Length 20
- Output
- A line, in percent
- Feeds
- Risk and sizing rules
- Warm-up
- 20 bars before its first reading
- Updates
- When each bar closes
- Filters entries
- No. It’s measured and charted, and doesn’t change which entries are taken.
- Part of
- Donchian Channels
- Also known as
- Donchian, Price Channel, Highest High Lowest Low