DNC Percentage oscillator displays a relative price position inside the Donchian channel in a separate window.
It has two configurable parameters:
- Period – calculation period
- Analyze current bar – consider the value of the current bar in calculations (Yes/No)
Percentage = ((Close - Bottom) / (Top - Bottom)) * 100.0
Top = Max(High, Period) Bottom = Min(Low, Period)
MT5 Indicators – Download Instructions
DNC Percentage MT5 Indicator is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.
DNC Percentage MT5 Indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
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How to install DNC Percentage MT5 Indicator.mq5?
- Download DNC Percentage MT5 Indicator.mq5
- Copy DNC Percentage MT5 Indicator.mq5 to your Metatrader 5 Directory / experts / indicators /
- Start or restart your Metatrader 5 Client
- Select Chart and Timeframe where you want to test your mt5 indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
- Right click on DNC Percentage MT5 Indicator.mq5
- Attach to a chart
- Modify settings or press ok
- Indicator DNC Percentage MT5 Indicator.mq4 is available on your Chart
How to remove DNC Percentage MT5 Indicator.mq5 from your Metatrader 5 Chart?
- Select the Chart where is the Indicator running in your Metatrader 5 Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
Click here below to download: