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Dochian channel

PostPosted: Thu Jun 14, 2012 3:19 pm
by Alexander.Gettinger
Formulas:
Middle[i]=(Upper[i]+Lower[i])/2,
U75[i]=(Upper[i]+Middle[i])/2,
L25[i]=(Middle[i]+Lower[i])/2,
Upper[i]=maximum (Close, if Mode=0, or High, if Mode=1) price at range from (i-Length) to (i),
Lower[i]=minimum (Close, if Mode=0, or Low, if Mode=1) price at range from (i-Length) to (i).

Dochian_Channel_MQL.PNG


Download:
Dochian_Channel.mq4
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TS2/Lua version.
viewtopic.php?f=17&t=20

Indicator based EA
viewtopic.php?f=38&t=68723

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1.PNG

Dochian_Channel EA.mq4
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Re: Dochian channel

PostPosted: Sat Jul 27, 2019 6:47 am
by Stomp2k
Can someone please made into ea for mt4:

For short trade
Enter breaking below donchian channel low
Add additional entry on 25% pullback (up to 10 max additional entry)
*would also like to adjust this to a 10% pullback instead
exit option #1 at 50% line (close all trades)
exit option #2 price reaches donchian channel high (close all trades)

For long trade
Enter breaking above donchian channel high
Add additional entry on 25% pullback (up to 10 max additional entry)
*would also like to adjust this to a 10% pullback instead
exit option #1 at 50% line (close all trades)
exit option #2 price reaches donchian channel low (close all trades)

please advise

Re: Dochian channel

PostPosted: Sat Jul 27, 2019 6:55 am
by Stomp2k
update

Can this be made into ea:

For short trade
Enter breaking below donchian channel low
user define initial lot size
Add additional entry on 25% pullback (up to 10 max additional entry)
*would also like to adjust this to a 10% pullback instead
user define additional lot size add ons
exit option #1 at 50% line (close all trades)
exit option #2 price reaches donchian channel high (close all trades)
user define overall take profit

For long trade
Enter breaking above donchian channel high
user define initial lot size
Add additional entry on 25% pullback (up to 10 max additional entry)
*would also like to adjust this to a 10% pullback instead
user define additional lot size add ons
exit option #1 at 50% line (close all trades)
exit option #2 price reaches donchian channel low (close all trades)
user define overall take profit

please advise

Re: Dochian channel

PostPosted: Sat Jul 27, 2019 7:19 am
by Apprentice
Your request is added to the development list under Id Number 4807

Re: Dochian channel

PostPosted: Tue Jul 30, 2019 5:02 am
by Apprentice
Indicator based EA
viewtopic.php?f=38&t=68723

Re: Dochian channel

PostPosted: Wed Jul 31, 2019 5:37 am
by Stomp2k
Awesome job.

May I request a revision as a dochian channel reversal trade ea

For short trade
user define initial lot size
Only 1 entry per candle
Enter breaking above donchian channel high
Add additional entries breaking above dtr level and donchian channel new high
Also Add additional entry on 25% pullback (up to 10 max additional entry)
*would also like to adjust this to a 10% pullback instead
user define additional lot size add ons
exit option #1 at 50% line (close all trades)
exit option #2 price reaches donchian channel low (close all trades)
user define overall take profit

For long trade
user define initial lot size
Only 1 entry per candle
Enter breaking below donchian channel low
Add additional entries breaking below dtr level and donchian channel new low
Also Add additional entry on 25% pullback (up to 10 max additional entry)
*would also like to adjust this to a 10% pullback instead
user define additional lot size add ons
exit option #1 at 50% line (close all trades)
exit option #2 price reaches donchian channel high (close all trades)
user define overall take profit

please advise

Re: Dochian channel

PostPosted: Wed Jul 31, 2019 6:29 am
by Apprentice
Your request is added to the development list under Id Number 4818

Re: Dochian channel

PostPosted: Thu Aug 01, 2019 6:57 am
by Apprentice
was is dtr level?

Re: Dochian channel

PostPosted: Thu Aug 01, 2019 8:17 am
by Stomp2k
Sorry. Daily trading range 21 day average

Re: Dochian channel

PostPosted: Mon Aug 05, 2019 8:09 am
by Apprentice
Dochian_Channel EA.mq4 added.