FREE PRICE PATTERN GUIDE: http://getpricepatterns.com/ Download the free indicator blueprint: http://gettheblueprints.com/ Candlestick Reversals: http://getcandlesticks.com/ Donchian channels, brought to us by Richard Donchian (1905-1993), is a great trading indicator to highlight trends, ranges, and new X number of day breakouts.You can design many trading strategies around the Donchian channel and it was the primary indicator for the Turtle Traders.The channel works by highlighting the highest high or lowest low of the prior 20 days.  Note that the number of days for the channel settings can be changed.Reading the channel is straightforward: - See more at: https://www.netpicks.com/donchian-channel/ FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. NetPicks Services are offered for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation or be relied upon as personalized investment advice. We are not financial advisors and cannot give personalized advice. There is a risk of loss in all trading, and you may lose some or all of your original investment. Results presented are not typical. Please review the full risk disclaimer: https://www.netpicks.com/risk-disclosure