The Donchian Channel MTF indicator can display the Donchian channel for any given time-frame which is higher or equal to the current timeframe. The trader has the option to set the timeframe of the Donchian channel and to choose whether the channel will be drawn based on the highs and lows of the candles or their open and close.
Above you can see the Donchian channel that corresponds to the H4 time-frame (240 minutes) displayed on the H1 chart.
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