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Mastering the Donchian Channels Indicator for MetaTrader 5

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If you're looking to elevate your trading game, the Donchian Channels indicator is a must-have in your toolkit. This handy tool comes with a timeframe selection feature that can be easily adjusted in the input parameters.

input ENUM_TIMEFRAMES TimeFrame=PERIOD_H4// Choose your preferred chart period

To get started, you'll need the DonchianChannels.mq5 file. Simply place it in your <terminal_data_folder>\MQL5\Indicators directory, and you're all set!

Fig.1. The DonchianChannels_HTF indicator

Fig.1. The DonchianChannels_HTF indicator

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