what are donchian channels 
donchian channels are a tool in technical analysis used to determine the relative volatility of a market and the potential for price breakouts to form it three lines are generated from moving average calculations that produce a filled in channel formed by upper and lower bands around a midrange band the upper band marks the highest price of a security over a period while the lower band marks the lowest price of a security over that time the area between the upper and lower bands is called the donchian channel while relatively simple it s quite helpful in highlighting trends and can suggest the right time to enter or exit a position 