FTB-C000505 / Formula component

Donchian Middle Channel

Donchian Middle Channel is the arithmetic midpoint of the upper and lower Donchian boundaries.

Also known asDonchian basisDonchian midrange

Foundation Formula defined 1 linked topicPublished

Definitions

In plain terms

It summarizes the center of the rolling extreme range rather than averaging all observed prices.

Technical

The formula is one-half of upper plus lower and is ready only when both boundaries are ready.

Scope

Calling it a moving average hides its dependence only on the two active extrema.

Formula

Donchian middle = (upper + lower) / 2
LaTeX: M_t=\frac{U_t+L_t}{2}
SymbolMeaningUnit
U_tDonchian upper channelprice units
L_tDonchian lower channelprice units

Output unit: price units

Examples

  • A reviewer traces Donchian Middle Channel from aligned inputs through its first-ready row and edge cases before accepting a displayed value.

Common misconceptions

  • Calling it a moving average hides its dependence only on the two active extrema.

Concept relationships

Prerequisites

Related

Contrasts with

Where this concept is used

Evidence and governance

  1. Donchian Channels TradingView · official platform documentation

    Supports: preferred label, short definition, technical definition, formula

    Limits: Causal lagging, tie ownership, and exact breakout event rules are local implementation boundaries.

Reviewed by
fintech-builder-batch-009
Last reviewed
2026-07-30
Next review
2027-07-30
Record status
published