Classic Long Term Trend Following System

2021년 12월 11일

This is a classic long term trend following system.

The breakout period is 50 days instead of 20 and the moving average crossover are 40 and 120.

The moving averages are also exponential instead of simple.

The stoploss is 4 ATRs away from the price.

Recommendations:
Donchian Channels settings > 50 days
Moving Averages > 40 and 120, 80 and 140

Important to note:
My first strategy, DC Breakout System | This is simplicity at its finest, is best used on the crypto market and this one for stocks, commodities, currencies, etc. Those markets tend to trend a lot longer than crypto do.

2021년 12월 13일

릴리즈 노트

Replaced the multiplier in the position size formula with syminfo.pointvalue in order to get a more accurate position size.

2021년 12월 18일

릴리즈 노트

Reverted the pyramiding setting from 4 back to 1 to keep the system simple and the max drawdown low.
Added a visual ATR trailing stop, so you know where to put your stoploss.

2022년 2월 7일

릴리즈 노트

Adjusted the position size formula.
Improved the stoploss multiplier.