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two moving averages
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Reference
The Channel Named After Donchian Does Not Appear in His Own 20 Guidelines — and the Channel Leaves Today’s Bar Out of Its Own Calculation
Upper is the n-period high, lower the n-period low, centre their midpoint. Donchian's published guidelines never mention a channel, and the formula excludes the current bar. Retrieved 2026-09-28.
Economy · Sep 28
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