FXCodeBase.COM: Forex Chart Indicators and Development

If I understand right, the option of allowing ticks is for entering the trade 1 tick after breaking the channel, instead of waiting for the bar that broke the channel to close.
If so this option (allow ticks set to yes ) is not being honored by the strategy.
No matter yes or no the strategy is waiting for the candle to close and entering on next candle.

If you find yourself with spare time and bored, nothing to do (yeh, right) could you please look into this? Best would be if we could choose how many pips after breaking channel before entering and exiting.

Love this strategy, but losing too many trades waiting for candle close,
Thank you

Was the channel break issue every resolved? When I test I'm losing a lot of pips due to having to wait for the candle to close instead of the entry/exit on the break of the channel. Didn't know if there was another link to a file that already addressed this issue.

Thanks,

If you're talking about Tick Version, with instantaneous executions, Unfortunately not.
I have not found the time.

bbauernschmitt wrote: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.

+1 can you please add a moving average filter to this strategy.

bbauernschmitt wrote: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.

With my limited programming knowledge I've managed to add in a moving average filter. Feel free to test it.

https://dl.dropboxusercontent.com/u/68353796/Donchian%20Strategy%20with%20Filters.lua

Stance wrote:

bbauernschmitt wrote: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.

With my limited programming knowledge I've managed to add in a moving average filter. Feel free to test it.

https://dl.dropboxusercontent.com/u/68353796/Donchian%20Strategy%20with%20Filters.lua

Hi, this link doesn't appear to work anymore, is it posted somewhere else?

Major update.
Filter Option Added.
1. Filter - Price / 1. MA
2. Filter - 1. MA / 2. MA
3. Filter - 1. MA Slope

Dear Apprentice,

Thank you very much for helping to develop this powerful strategy.

When I did backtesting, it didn't pick up any trades. Am I doing anything wrong? Here's a screenshot of the parameters: http://screencast.com/t/hNXZFvV8

Could you please help share some ideal parameters?

Thanks.

hi oldporkchops2, I just tried it with those settings and it did trade for me on the backtest.

what dates are you using? 10/1/2016 to 11/17/2016 on the GBP/USD.

also if you scroll down past what your screen shot shows make sure the times for trading aren't restricting it. I have 00:00:00, 24:00:00, No, 23:59:00, 60 as the Time Parameters.

also you can trying opening the .LUA file, change this line from false to true, save it, then re install it.

strategy.parameters:addBoolean("AllowTrade", "Allow strategy to trade", "", false);

good luck!

oh, also I discovered today that if my initial balance is too low it will not do any trades, which surprised me. I was pulling my hair out trying to figure out why the debugger was showing trades but not the backtester in marketscope. Then I changed the initial balance to a higher value and voila, it worked. I thought maybe it was because it was below the MMR, but it wasn't. it was set to 100 and I was only trading 1 lot on the EUR/USD which has a $24 MMR.

Anyway, you can try setting your initial balance to 500 or 1000 and see if that fixes it too.