racer8

Donchian Channels System [racer8]

Donchian Channels was developed by Richard Donchian in 1949. They have been used with great success by the Turtles, a group of traders in the 1980s who managed to obtain returns of 80% annually. Truly incredible story.

This particular indicator is a trend trading system I coded that shows you when to enter long or short and when to exit those longs or shorts.
In addition, this indicator shows the past performance results that are incredibly valuable information for backtesting this system.

The high, mid, and low lines have been plotted to show how this system works. The blue line is the high line. The gray line is the mid line. The red line is the low line.

Entry signals are generated when the current close closes above the highest price for a long trade or below the lowest price for a short trade over n periods.

Exit signals are generated when the current close crosses the mid-line ( aka . baseline) and closes.
Baseline = (highest price + lowest price)/2

I encourage you to play around with the settings, although I reccomend avoiding any period below 14.

This system is no bullshit, it's the real deal.

Good luck traders, and enjoy ;)




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코멘트

Simple and clear indicators. Thanks for sharing!
응답
racer8 blackcat1402
That's my coding style ;)
+1 응답
홈으로 스탁 스크리너 포렉스 스크리너 크립토 스크리너 이코노믹 캘린더 사용안내 차트 특징 프라이싱 프렌드 리퍼하기 하우스룰(내부규정) 헬프 센터 웹사이트 & 브로커 솔루션 위젯 차팅 솔루션 라이트웨이트 차팅 라이브러리 블로그 & 뉴스 트위터
프로화일 프로화일설정 계정 및 빌링 리퍼드 프렌즈 코인 나의 서포트 티켓 헬프 센터 공개아이디어 팔로어 팔로잉 비밀메시지 채팅 로그아웃