Lagged Donchian Channel + EMA

2020년 9월 28일

This strategy is based on a lagged 24 periods Donchian Channel and a 200 periods EMA .

The enter positions are calculated this way :
Bull entry

1. we wait for the close of a candle below the channel and it must be below the 200 EMA
2. the following candle must be a green one and close in the lagged channel
3. we put a long order at the close of the second candle, a stop loss at the low of last 3 candles and a x3 take profit


Bear entry

1. we wait for the close of a candle above the channel and it must be above the 200 EMA
2. the following candle must be a red one and close in the lagged channel
3. we put a short order at the close of the second candle, a stop loss at the high of last 3 candles and a x3 take profit


For both long or short positions :

If the order is not filled, it's cancelled if the price reach 50% of the TP or if the price reach the stop loss level
The position is closed if a new bear/bull condition appears in the other side of the position (if a bear appears when you're long and inversement)


Features :

Position calculator's included with leverage option
Labels of position can be plotted or not
Bull/Bear channels can be plotted with red and green filled
All parameters can be changed for backtesting


Better results have been got with defaults parameters on LTCUSDTPERP in H1 timeframe => profit factor of 2.84 with almost 100 positions.

Hope this strategy will be useful and it would be cool if I could get feedback, comments or better combinations of parameters !!

Don't hesitate to like and leave a comment ;)

Mysteriown