One of the most famous strategy in the history of trading, #Turtle strategy have numerous legends, one of them is using Donchian Price Channels with 55 period for entries and 20 period for exits.
Can be used with any time frame
Added alerts
I added re-entries and re-exits for more scalps or for laddering trading.
Also you can modify parameters for entries and...
Classic Donchian(Price) Channels, I added alerts for entries and re-entries and labels for upper and lower bands of the channel.
# Investopedia
" What are Donchian Channels?
Donchian Channels are three lines generated by moving average calculations that comprise an indicator formed by upper and lower bands around a mid-range or median band. The upper band marks...
This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow...
It is a long only strategy.
1. Buy when price breaks out of the upper band.
2. Exit has two options. Option 1 allows you to exit using lower band. Option 2 allows you to exit using basis line.
3. Slippage and commissions are not considered in the return calculation.
The script is not finnished yet and show's an other interpretation of how it could be scripted
Step -1 is complete... Basic Ichimoku with asjutable length and editable lines colors and visibilities.
Step -2 in progress... Adding ability to une multiple Spans, sens and Kumo on higher and lower timeframe.
Your Step : Like and Share ;) have a good year 2020...
// This is a simple Mean Reversion & Breakout Indicator.
// A Donchian Channel is plotted. A threshold equal to 0.25 of Daily ATR.
// If price reverses from this threshold, then it can be taken as possible Mean Reversion.
// If price crosses the previous Donchian levels, it can be taken as a possible breakout.
// Typical of such strategy is the whipsaw effect...
The script is not finnished yet and show's an other interpretation of how it could be scripted
Step -1 is complete... Basic Ichimoku with asjutable length and editable lines colors and visibilities.
Step -2 in progress... Adding ability to une multiple Spans, sens and Kumo on higher and lower timeframe.
Your Step : Like and Share ;) have a good year 2020...
This strategy buys when the Donchian Channel is broken to the upside and uses the lower Donchian Channel line as a trailing stop. You can also choose to use a moving average as a filter to keep you out of trades that are counter trend.
You can also configure which dates you want to backtest, so you can see how this behaves over specific time frames and market cycles.
Version 1.0
This script is a version of the Ichimoku Cloud indicator, which has its default settings optimized for Cryptocurrency trading. (20 Period Tenkan, 60 Period Kijun, 120 Period Senkou A, 30 Period Senkou B, 30 Period Offset/Displacement).
This script contains shape-plots and alert conditions for the following events:
- Bullish Entry into Red Kumo Cloud...
Introducing the Blackpika Algo for XBTUSD and other pairs on crypto for smaller timeframes (< 1H).
Ideally, it is to be used on XBTUSD bitmex on 5m/15m/30m Interval.
Sensitivity adjustement is available to the user to fine tune on each timeframe and pair.
The script's basic foundation is on ATR, volatility, RSI, StochRSI, Donchian channels.
No repaint. Alerts...
Private Indicator
Indicator optimised for trading XMRBTC in 1D (daily) timeframe.
Buy and Sell signals as automated alerts.
Indicator optimised for trading XMRBTC in 1D timeframe.
The goal was to beat Buy & Hold on the whole period of the backtest. Results below!
The strategy is using a combo of Donchian Channels and Heikin Ashi, this is why there is a...
This time I was using an script/indicator that was originally written by ChrisMoody on 12-14-2014, as turned it an Alert System to know whether the price breaks above or below the donchian channel of 20 periods.
I would like to show you how easy is to use it and configure it to receive this alerts in your phone.
Here's a page about what Donchian Channels are...
Free indicator
To get it, add it to your favorites using the button below, then you will find it on your chart in the "favorites scripts" tab
I wanted to have a tool that would quickly show me an overview of the Bitcoin chart each day, and receive alerts when something was happening, so I made this indicator.
Optimized for Bitcoin / USD on the daily...
This is the first script that I publish.
His main goal is to help identify the extreme of the day and to compare the VWAP with the average DPDC to find meaningful resistance and support.
Today we have a simple, but endlessly versatile, indicator that plots the X Period High/Low/Mid of your chosen market.
Traditionally the 52 week High/Low is used as a breakout signal. However, by changing to an X period, and adding a midway line, we create a more versatile indicator that can be tailored to various markets.
By default it's set at 250 periods...
![XAUUSD: [Zekis]Turtle Trading Donchian Price Channels Strategy](https://s3.tradingview.com/l/l0jjQcoN_mid.png "[Zekis]Turtle Trading Donchian Price Channels Strategy")
![CN50USD: [Zekis]Donchian Price Channels Strategy with Alerts](https://s3.tradingview.com/x/xCNqmHeT_mid.png "[Zekis]Donchian Price Channels Strategy with Alerts")
