The Donchian Channel can be used with any type of chart, but it is best to use a Japanese candlestick or bar chart.
In the indicator settings, you can change the color of the lines and the area between them, and also specify the time period for the indicator.
Donchian recommended using his indicator on daily time frames with an interval of 20, but you can change the time frame, and also increase or decrease the interval.
With a greater interval, the channel becomes less sensitive to price fluctuations and gives fewer signals. With a shorter interval, the channel will give more signals, but they will be less reliable.
