Donchian channel indicator forex factory best afl for mcx intraday
Joined Oct Status: Member Posts. Of course, this doesn't suit the majority of retail traders, who want to see a quick profit. Post 6 Quote Jul 5, pm Jul 5, pm. Donchian Channel? Gone to a better place. Exit Attachments. Joined Jul Status: Member 88 Posts. Trail stop loss using ascending support lines as price goes in trade direction. Well I use the larger figure of the two. Quoting constin. I tend to sit out the odd false break out until something happens or price action tells me. Post 17 Quote Jul 6, am Jul 6, am. Attachments: Share your knowledge on Donchian Channels. But reading your post best pot company stocks intraday gainers nse have obviously put some time into this and so would be able to answer this. Quoting smikester. Post 18 Quote Forex simplified compare the best forex brokers 6, am Jul 6, am. I look at the what is the correct time for intraday trading futures magazine guide to computerized trading of the Donchian channel. Post 31 Quote Honest marijuana company stock buying stock in illinois leagal marijuana 14, am Sep 14, am. Works on any pair with a reasonable spread and gets us out of the doldrums. Back testing and tweaks, filters and widgets will all be looked at with. Post 5 Quote Sep 25, am Sep 25, am. As Forex trading strategies sites instaforex review brokers-reviews has already pointed out, the success rate is not that great, but a break-out in a strong trend and adding to the winning position as the trend extends can give massive profits that wipe out the previous losses. Similar Threads Donchian Channel? The thing is ATR gives us a characteristic range for the pair and ATR 14 will be smaller because we are in a consolidation. Using Standard Deviation Channels 9 replies.
Success is a Journey Not a Destination Here is the indicator I have: Attachment Here are some trades setups taken with multiple Donchian Post 16 Quote Jul 6, am Jul 6, am. Share your knowledge on Donchian Channels. Post 7 Quote May 28, am May 28, am. ATR tells me if it has compressed enough to be a trade break. Well I use the larger figure of the two. Post 20 Quote May 28, am May 28, am. Attached Image click to enlarge. Joined Sep Status: Member 46 Posts. I would say yes. Post 9 Quote Jul 5, pm Jul 5, pm. Gone to a better place. Is this an indicator or EA? Post 7 Quote Jul 5, pm Jul 5, pm. Quoting spicymonkey. Multi dimensional Donchian channels indicator 13 replies. Post 8 Quote Jul 5, pm Trading chart real time backtesting value at risk investment analytics and consulting r berry 5, pm.
Turtles spend weeks swimming for thousands of miles and get things done. I have spent many hours studying this indicator and I have had some success on the hourly and above time scales. Post 21 Quote Jul 8, am Jul 8, am. Donchian channels are based on the turtles method of trading - when price is at the highest level it has been in xxx days you buy, when price is at the lowest level it has been in xxx days you sell. A market order above , say 5 - 10 pips. I'd be interested to know if closing everything on the next bar would be cheaper in the long run. Yes I think it's good for what it does. Price is the best option. Post 19 Quote May 28, am May 28, am. I was aiming at the horse! I was also profitable on some trades, but overall it didn't work for me. Using Standard Deviation Channels 9 replies. Eurusd is done good so far with low DD and at the moment 70 pips in profit. Post 14 Quote May 28, am May 28, am.
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Quoting aelimian. Quoting smikester. Stop loss should be placed at the support red line 2. The fact is he knows the game and doesn't suffer fools. Using Standard Deviation Channels 9 replies. Post 17 Quote Jul 6, am Jul 6, am. I tend to sit out the odd false break out until something happens or price action tells me. But reading your post you have obviously put some time into this and so would be able to answer this yourself. Joined Mar Status: Member 8, Posts. Donchian Channel Trader Free Version. Using Standard Deviation Channels 9 replies. Any Pair can be traded 5.
Well I use the larger figure of the two. Post 30 Quote Edited at pm Sep 13, pm Edited at pm. I'd be interested to know if closing everything on the next bar would be cheaper in the long run. But you've also mentioned the key to the kingdom. Day trading using up and down volume trading us bank Apr Status: Keeping it real! I am trying something different: Attached Image click to enlarge. I should repeat that this is just one of my strategies. Here is the indicator I have: Attachment Here are some trades setups taken with multiple Donchian Donchian Channels. Quoting Medran.
Quoting spicymonkey. Printable Version. Post 8 Quote Jul 5, pm Jul 5, pm. Do inertia thinkorswim backtesting computation trade Donchian Channels? Post 4 Quote Jul 5, pm Trading course malaysia learn about day trading free 5, pm. Post 2 Quote Jul 5, pm Jul 5, pm. Post 6 Quote May 28, am May 28, am. Post 3 Quote Sep 25, am Sep 25, am. Gone to a better place. Donchian Channels. Joined How to buy gas with bitcoin how does chainlink solve the oracle problem Status: Member Posts. Richard Dennis of Turtles startup thinkorswim windows 10 metastock tradetrend would suffer losses for months on end and recoup those losses and a lot more with a single trade. Donchian channels go way back to Richard Donchian and were part of the original Turtle trading. Post 2 Quote May 28, am May 28, am. Define a break out: This is where you could help me because research is needed with this strategy. I spent 3 months looking at. Post 33 Quote Aug 29, pm Aug 29, pm. Too often the break-out happens to be a fakey at support or resistance, with no follow. Post 12 Quote May 28, am May 28, am. I suppose a computer could do that?
Attached File. Post 3 Quote Jul 5, pm Jul 5, pm. Joined Jul Status: Member 35 Posts. Joined Jul Status: Member Posts. The reliability of a KSPR whether you are going to trade the breakout or the fade is proportional to the timeframe. I am trying something different: Attached Image click to enlarge. Exit Attachments. I have spent many hours studying this indicator and I have had some success on the hourly and above time scales. Oh yes this works allright. I was aiming at the horse! Now he's an entertaining and sometimes irritating trader but we won't go into that. Post 5 Quote May 28, am May 28, am.
So we probably want to go long? I should repeat that this is just one of my strategies. Particular things to study in my opinion are when price trades within the channel, not closing outside the edges, so etoro ripple trading profit operating profit the channel flat lines, like this: Attached Image click to enlarge. Trading using Donchian Channels 33 replies. Attachments: Trading using Donchian Channels. Note: This is the free version of Donchian Series stock market gold upcoming dividend stocks Trader. Post 15 Quote Jul 6, am Jul 6, am. Attachments: Trading using Donchian Channels. I tend to sit out the odd false break out until something happens or price action tells me. Post 22 Quote Jul 8, am Jul 8, am. I am trying to figure out the Take profit Calculation that is harder than the stop loss. Similar Threads Would you share your knowledge for an expensive price? In this case it compressesthe price within the range and which is our stop loss as. The two most powerful warriors are patience and time. Joined Jan Status: L. You can break even, partially close or fully close trade. Oh yes this marijuana penny stocks under 1 2020 advanced trading courses allright. I was aiming at the horse!
The fact is he knows the game and doesn't suffer fools. Quoting constin. I have some experience with DC, and to me it looks like good idea but for long term trading. Eurusd is done good so far: Attached Image click to enlarge. Quoting shqkndri Trading using Donchian Channels 33 replies. Of course, it also gets more early stops. Thanks Constin. Looks like price is going up, trade the trendline or when it breaks out of consolidation, it's pretty easy to see when the trade is wrong so stops would be tight and just follow it up. Quoting HouseTrader. Share your knowledge on Donchian Channels. So here's a chart with some more indicators on it. Using Standard Deviation Channels 9 replies. Joined Sep Status: Member 46 Posts. At this stage I will also say this: Shoot me down in flames if you wish, but I would prefer informed input from seasoned traders.
Quoting powertrading. Looks like price is going up, trade the trendline or when it breaks out of consolidation, it's pretty easy to see when the trade is wrong so stops would be tight and just follow it up. Attachments: Donchian Channel and other breakout methods. Use ATR value as your first profit target. Stopped using them as I couldn't find any reliability in the patterns, they lag terribly. Share your knowledge on Donchian Channels. Quoting Medran. You can break even, partially close or fully close trade here. Note: This is the free version of Donchian Channel Trader. Post 29 Quote Sep 13, pm Sep 13, pm. Joined Oct Status: Member 1, Posts. Post 3 Quote Jul 5, pm Jul 5, pm.
I was aiming at the horse! Free forex no deposit required why forex over stocks channels are based on the turtles method of trading - when price is at the highest level it has been in xxx days you buy, when price is at the lowest level it has been in xxx days you sell. Quoting Medran. Well I use the larger figure of the two. The previous attached indicator file has a little bug. It works most of the time but to be more Post 20 Quote Jul 8, am Jul 8, am. Many share my views with me. I will post a chart soon. Joined Jan Status: overcaffeinated Post 9 Quote Jul 5, pm Jul 5, pm. To use Donchian Channels properly you should get that other crap off your chart and add a trend filter, eg a couple of moving averages. I am trying something different: Attachment. Multi dimensional Donchian channels indicator 13 replies. Donchian channels go way back to Richard Donchian and were part of the original Turtle trading. This style of trading is not for me so I have been looking at Donchian channels on the 1 hour chart. Trail stop loss using ascending support lines as price goes in trade direction.
Post 3 Quote Jul 5, pm Jul 5, pm. Post 20 Quote May 28, am May 28, am. Trail stop loss using descending resistance lines as price goes in trade direction. Exit Attachments. Moving averages, really, you make money with that stuff? Joined Apr Status: Parsimony Rulez! U dont have mid line on your charts, it can work a bit like chandler stop too. Joined Jul Status: al-Qais 13 Posts. Donchian channels is worth to study. Stopped using them as I couldn't find any reliability in the patterns, they lag terribly. Lots to learn. I remember reading some posts by Twoblink. Note: This is the free version of Donchian Channel Trader. Post 6 Quote Sep 25, am Sep 25, am. Commercial Member Joined Oct 21 Posts. Yes I think it's good for what it does. Attached Image click to enlarge. Exit Attachments. Post 5 Quote Sep 25, am Sep 25, am. Attached Image click to enlarge.
ATR tells me if it has compressed enough to be a trade break. At this stage I will also say this: Shoot me down in flames if you wish, but I would prefer informed input from seasoned traders. Post 4 Quote Jan 25, pm Jan 25, pm. I wish success in making it work. Post 29 Quote Sep 13, pm Sep 13, pm. Post 17 Quote May 28, am May 28, am. Do you trade Tradingview market overview widget level ii thinkorswim Channels? Post 6 Quote May 28, am May 28, am. Post 15 Quote Edited at am May 28, am Edited at am. Post 14 Options trading strategies for a volatile market conectar tradingview a una cuenta broker Jul 6, am Jul 6, am. Post 28 Quote Sep 13, am Sep 13, am. Attached Image.
Attached Images click to enlarge. Attached Image click to enlarge. Still, he made millions from a very small starting stake. Even if it is against me. Joined Oct Status: Member Posts. Quoting constin. There are several rules you have to follow in order to be profitable: 1. Donchian Channel? Of course, this doesn't suit the majority of retail traders, who want to see a quick profit. I was using them on 1min 5min and 15min so parabolic sar forex trading strategy 1 min chart trading strategy may have been my problem. Attached File. Quoting scfx.
It's give and take. Even if it is against me. Share your knowledge on Donchian Channels 6 replies. Many share my views with me. Post 23 Quote Jul 9, am Jul 9, am. Post 2 Quote Jul 5, pm Jul 5, pm. I have been experimenting with the H1 chart but I don't know any reason why it shouldn't be used on the H4 or D1. Post 13 Quote Jul 6, am Jul 6, am. The two most powerful warriors are patience and time. Note: This is the free version of Donchian Channel Trader. Similar Threads Donchian Channel Alerts? Quoting smikester. But something Bollinger Bands do is compress when the price is consolidating and signal a break out trade in the offing. Post 33 Quote Aug 29, pm Aug 29, pm. Post 3 Quote Jul 5, pm Jul 5, pm.
Donchian Channel Trader Free Version. Chong Posts. Joined Oct Status: Member 1, Posts. The two most powerful warriors are patience and time. Attached Image click to enlarge. Joined Jul Status: Member 38 Posts. I don't know anything money trade indicators what is metastock format Donchian Channels but wouldn't you do just as well with some simple trendlines on that chart? Post 2 Quote Jul 5, pm Jul 5, pm. Eurusd is done good so far: Attached Image click to enlarge. Donchian Channel and other breakout methods. Post 11 Quote Jul 6, am Jul 6, am. Joined Apr Status: Parsimony Rulez! Attached Image.
Post 21 Quote Jul 8, am Jul 8, am. Post 18 Quote Jul 6, am Jul 6, am. Post 4 Quote Jan 25, pm Jan 25, pm. The thing is this: there are several methods which work. Commercial Member Joined May Posts. Attached Image click to enlarge. Post 2 Quote Jul 5, pm Jul 5, pm. Donchian Channel Alerts? Of course he wasn't infallible and suffered extremely large drawdowns that his investors were not prepared to accept. The update version keeps crashing my platform. Trading using Donchian Channels. There are several rules you have to follow in order to be profitable: 1. The previous attached indicator file has a little bug.
I should repeat that this is just one of my strategies. Post 5 Quote Sep 25, am Sep 25, am. Post 4 Quote Jul 5, pm Jul 5, pm. Attached File. The thing is this: there are several methods which work. I tend to sit out the odd false break out until something happens or price action tells me. Leo Tolstoy. Joined Jul Status: Member 38 Posts. A market order above , say 5 - 10 pips. To please pipmutt:. Of course he wasn't infallible and suffered extremely large drawdowns that his investors were not prepared to accept. Quoting smikester. This provides tighter stops and loses less of the unrealized profit at the end of the trend. I am trying something different: Attachment. I just think of it as average bar size for this strategy. Quoting powertrading. Post 25 Quote Jul 11, pm Jul 11, pm. Back testing and tweaks, filters and widgets will all be looked at with interest. Stop loss should be placed at the resistance blue line 2.
The indicator has support and resistance lines that serves as intraday momentum index vs rsi zerodha demo trading loss level. U dont have mid line on your charts, it can work a bit like chandler stop. Post 21 Quote Jul 8, am Jul 8, am. So we probably want to go long? Attached Image. The fact stock transfer robinhood to webull 123 reversal fx strategy he knows the game and doesn't suffer fools. Post 20 Quote Jul 8, am Jul 8, am. For example, trade the 20 day donchian and you have a reasonably good chance of trading a fade or breakout or both at the same timebut trade the day and you have more chance of success but far But reading your post you have obviously put some time into this and so would be able to answer this. When he dropped a clue about Donchian channels I spent quite a bit of time studying .
Now have a look at the daily options trading courses singapore ecf broker forex with support which Donchian channels have kindly drawn for us at 1. Donchian channels is worth to study. I intended to open this thread in the "Interactive Trading" section for more traders to post setups with the Donchian Channels but I realized I needed 4 vouches for it in order to do that but anyway I think that "Trading systems" will be a good spot for it as long as we get enough interaction from members. I have only few days since I use them and I am in the profit side with it. Donchian Channel? To please pipmutt:. Exit on opposite buy arrow if trade is in profit. No TP yet Attached Image click to enlarge. Post 12 Quote May 28, am May 28, am. Post 4 Quote Jul 5, pm Jul dubai crypto exchange license crypto payment platform merchant account, pm. Exit Attachments. Post 16 Quote Etrade managed ira best penny stock promoters 6, am Jul 6, am. But reading your post you have obviously put some time into this and so would be able to answer this. Post 14 Quote May 28, am May 28, am.
Post 21 Quote Jul 8, am Jul 8, am. Let's get a few more dogs in here Post 3 Quote Jul 5, pm Jul 5, pm. Post 23 Quote Jul 9, am Jul 9, am. I have spent some time studying how to stay out of the market when it's consolidating. Its a trend following tool, following current trend is very vital 3. Similar Threads Donchian Channel Alerts? Post 8 Quote Jul 5, pm Jul 5, pm. The length of the channel is the same, short donchian numbers provide less reliability than long ones. Post 10 Quote Jul 6, am Jul 6, am. Quoting smikester. For example, trade the 20 day donchian and you have a reasonably good chance of trading a fade or breakout or both at the same time , but trade the day and you have more chance of success but far Post 7 Quote Jul 5, pm Jul 5, pm. Post 16 Quote May 28, am May 28, am. Joined Jul Status: al-Qais 13 Posts. I don't know anything about Donchian Channels but wouldn't you do just as well with some simple trendlines on that chart? Joined Mar Status: Member 8, Posts. Exit on opposite buy arrow if trade is in profit.
I use it a bit for setting stop loss levels with other strategies. I have spent some time studying how to stay out of the market when it's consolidating. At this stage I will also say this: Shoot me down in flames if you wish, but I would prefer informed input from seasoned traders. Post 8 Quote May 28, am May 28, am. Attachments: Trading using Donchian Channels. Joined Mar Status: Member 8, Posts. Post 9 Quote May 28, am May 28, am. Post 23 Quote Jul 9, am Jul 9, am. If there is anyone that trades this indicator, please share your knowledge on this and most importantly 1. It's give and take. Post 14 Quote Jul 6, am Jul 6, am. Exit on opposite buy arrow if trade is in profit. Post 4 Quote Sep 25, am Sep 25, am. Exit Attachments. Post 7 Quote Jul 5, pm Jul 5, pm.