Forex Indicators: Donchian Channels Explained - Forex ...

Donchian Channels MetaTrader 4 Forex Indicator - Download Free!

Donchian Channels MetaTrader 4 Forex Indicator - Download Free! submitted by ForexMTindicators to u/ForexMTindicators [link] [comments]

Donchian Channels MetaTrader 4 Forex Indicator

Donchian Channels MetaTrader 4 Forex Indicator submitted by ForexMTindicators to u/ForexMTindicators [link] [comments]

Questions about EA

Hi. I'm not terribly knowledgeable about Forex, but I am interested in learning. I am also interested in trading robots. I have someone who has designed a robot for me. Here is the description of the strategy it uses: The Donchian channel is taken as a basis. It doesn't work well on the flat, but it works well in the trend. To determine how to separate the flat from the trend, we can calculate the ratio of the Donchian channel to the ATR. When exiting the flat, we open a position based on the breakdown of the Donchian channel. Stop loss and take profit are set based on the channel lines. Dynamic position management is also used.
The robot he has provided does extremely well in historical backtesting. My question is twofold. Does the strategy he is describing make sense? And is it possible to set up a robot so that it does well in back testing but is unlikely to generate similar results in the future? Thanks for any help you can offer.
submitted by ssparker7 to Forex [link] [comments]

Donchian's 4 Week Rule Trend Trading Strategy 💡 - YouTube Donchian Channel Indicator Secrets You Can Use Today - YouTube 4 EXPLOSIVE Tips for Trading with the Donchian Channel ... Donchian Channel Trading Strategy - how to - YouTube

The Donchian Channel Indicator for MT4 is a very well-known technical indicator. The Donchian Channel was one of the indicators used in the famous Turtle trading strategy. Primarily, this indicator is a trend following indicator and was intended for use on larger time frame charts. The indicator plots the high and low lines for a set period of time. When to go long using The Donchian channel is a market indicator, created by Richard Donchian. It is based on calculating the lowest low and the highest high of the market for the last nth Forex Education. Trading industry knowledge. Learn forex trading, investing in stocks, commodities. ... The Donchian channels are set as follows: First channel to 60 periods - white channels. Second channel to 20 periods - magenta channels. Third channel to 10 periods - yellow channels. Der Donchian Channel Indikator wurde bekannt als Teil einer legendär erfolgreichen Trading Strategie. Wie Sie ihn richtig einsetzen, erfahren Sie hier. Wir nutzen Cookies, um Ihnen das Webseitenerlebnis bestmöglich anbieten zu können. Durch weitere Nutzung der Webseite erlauben Sie die Nutzung von Cookies. Für weitere Details und wie Sie ggf. diese Einstellungen verändern können, lesen ... However, even as the amount of pre-installed forex indicators packages increase in trading terminals, various elements of old technical analysis continue to bring traders money. One of them is Donchian Channels, which we will go through today. It is one of those ‘old formulas’ that simplify the principles that impact the price movement ... Donchian Channel Forex Trading System combines multiple Donchian Channels and RSI to come up with a strategy that follows the trend and signals the trades within the direction of the current momentum of the market. These channels also help traders to update their stop positions and finding trade exit points as well. Donchian Channel Forex Trading System can be applied to trade any forex ... The Donchian Channel indicator was developed by Richard Donchian and is used in trading various markets including the forex market. The Donchian Channel is formed by taking the highest high and the lowest low of the last “x” amount of periods. The area between the high and the low is the channel for the users chosen periods. This technical indicator is not commonly available on most ...

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Donchian's 4 Week Rule Trend Trading Strategy 💡 - YouTube

Donchian's 4 Week Rule Trend Trading Strategy. PLEASE LIKE, SUBSCRIBE AND SHARE THIS V... Use the Donchian Channel to time your entries, filter high-probability setups and ride massive trends. SUBSCRIBE: If you want more act... My live trading room, weekly trade alerts and premium courses: Get my premium Trend Rider indicator free (terms a... FREE PRICE PATTERN GUIDE: Download the free indicator blueprint: Candlestick Reversals: http://getc...