DNC_Percentage - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources


The DNC Percent Oscillator shows the relative price position inside the Donchian Channel in a separate window.
It has two configurable parameters:
Percentage = ((Closing Price - Bottom) / (Top - Bottom)) * 100.0
Where:
top = max(highest value, period) Bottom = Min(low, period)
Figure 1. Democratic National Committee Percentage
Figure 2. Democratic National Committee Percentages and Donchian Channel
Attachment download
📎 dnc_percentage.mq5 (10.12 KB)
Source: MQL5 #22193
DNC_Percentage - MetaTrader 5 script | Trading script download - MT4/MT5 resource usage and screening suggestions
DNC_Percentage - MetaTrader 5 script | Trading script download - MT4/MT5 resources are trading script related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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