Averages
Donchian Channels
Channel of the N-period high/low (the Turtle base).
Real example in the platform
Donchian Channels on the NQ, 1-minute candles built from real ticks (October 16, 2026, Rithmic feed) — a screenshot of the platform itself, factory settings.
What it does
- Upper band = highest high of N bars; lower = lowest low; middle = their average.
- Band breakouts signal momentum.
Options
- Period, colors and fill.
Settings
Everything you can change in the indicator's settings dialog, in the same order as in the platform:
- Period
- Thickness
- Colors
- Middle line
- Bands
- Fill between bands
- Fill opacity
- Calculation source (another candle type/timeframe)
How to add it in EliteXCharts
- Open a chart and click the Indicators icon in the chart header.
- Pick the Averages category and choose Donchian Channels.
- Click Add. Double-click the indicator (or use its gear) to open the settings.
- Or ask the AI Assistant: "add the Donchian Channels".
Frequently asked questions
What does the Donchian Channels indicator do?
Channel of the N-period high/low (the Turtle base). Upper band = highest high of N bars; lower = lowest low; middle = their average. Band breakouts signal momentum.
How do you read the Donchian Channels?
Period, colors and fill.
How do I add the Donchian Channels to a chart in EliteXCharts?
Open a chart and click the Indicators icon in the chart header. Pick the Averages category and choose Donchian Channels. Click Add. Double-click the indicator (or use its gear) to open the settings. Or ask the AI Assistant: "add the Donchian Channels".
Related indicators
Moving Average
Classic moving average of the close.
real screenshotDouble MA
Two averages (fast + slow) with a colored cloud between them.
real screenshotEMA Trend 27/55
Two EMAs (default 27/55) that define the trend and PAINT the candles.
real screenshotBollinger Bands
Standard-deviation bands around a moving average.
real screenshotTry it on your own chart
Every feature on every plan — 6 months, 1 year or lifetime.
See plans & pricing