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Donchian Channel Break Out strategy
Posted:
Tue Dec 07, 2010 7:59 amby Apprentice
Basic Rules
Enter on Long Channel Break Out.
Exit on Short Channel Break In.
Buy's on a break of the 55 day high (with a stop on the 20 day low)
Sell's on a break of the 55 day low (with a stop on the 20 day high).
Filter Option Added.
1. Filter - Price / 1. MA
2. Filter - 1. MA / 2. MA
3. Filter - 1. MA Slope
Re: Donchian Channel Break Out strategy
Posted:
Tue Dec 07, 2010 9:56 amby cwallin
Thanks for the quick response. I added the strategy and tried to backtest it, but nothing happened. I tried to attach a screenshot. I made sure "allow for trade" was set to 'Yes'. Also, my program shut down twice while trying to load it.?
Re: Donchian Channel Break Out strategy
Posted:
Tue Dec 07, 2010 10:37 amby Apprentice
Oops, you do not have a beta version.
I have upload new version.
This is probably working.
Re: Donchian Channel Break Out strategy
Posted:
Tue Dec 07, 2010 11:02 amby cwallin
I did see results after backtesting, however, I am still getting closed out of program.
Thanks!
Re: Donchian Channel Break Out strategy
Posted:
Tue Dec 07, 2010 11:23 amby Apprentice
Did you download updated version?
Strange.
I think I'll need to install the regular version
Re: Donchian Channel Break Out strategy
Posted:
Tue Dec 07, 2010 11:36 amby cwallin
I deleted the previous download I had and downloaded the one at the top of this post. Is this the correct version?
Thanks!
Re: Donchian Channel Break Out strategy
Posted:
Tue Dec 07, 2010 1:19 pmby Apprentice
Yes Top Most is correct one.
Re: Donchian Channel Break Out strategy
Posted:
Tue Dec 07, 2010 6:10 pmby cwallin
Alright, so now I can change parameters and time frames, etc.. However, after about 30 seconds to 1 minute or so, the program still closes on me. Any ideas?
Thanks Again!
Re: Donchian Channel Break Out strategy
Posted:
Thu Dec 23, 2010 3:11 pmby bbauernschmitt
Is there an easy way to add a long term directional filter (such as a 200 period EMA) to this strategy?
So, it only buys or sells breakouts in the direction of the LT trend.
Re: Donchian Channel Break Out strategy
Posted:
Thu Dec 23, 2010 3:20 pmby Apprentice
Modification of this type is possible.
Donchian Strategy.lua