Available translations


Summary: The Donchian-Tenkan indicator is a short term support/resistance value that can highlight the momentum of an asset. It is a component in the Ichimoku cloud indicators.
Donchian-Tenkan on the Charts:
The Donchian-Tenkan is calculated by averaging the previous highs and lows to create a donchian channel, and then using the midpoint of these extremes to create the returned value. This value can then be used as a support/resistance line.
The period length parameter of the Donchian-Tenkan indicator calculation can be changed by locating and opening the Javascript Code under Data Building Procedure -> Procedure Initialization under ’Donchian-Tenkan’ Product Definition.
Products & Properties
The following properties are available to access:
Product Name Product Variable Properties
Donchian-Tenkan donchianTenkan midPoint, closePrice
The Donchian-Tenkan indicator could be used to generate a buy signal when the close price is above the midPoint value:
 chart.at01hs.candle.close > chart.at01hs.donchianTenkan.midPoint
This indicator could also be used to provide a trailing stop loss when in a trade by checking if the candle close is still above the midPoint value.
MESA Adaptive Moving Average