Strategy Trading System is inspired a Richiard J. Donchian the first at to use an similar trading system This is an Breakout Trend Following System. Donchian Channel 20 period red. Donchian Channel 55 perid green. Donchian Channel Double Breakout Trading Channel. When the price breaks upward the red line of the Donchian Channel 20 period. If there is a second breakout of the red line of the Donchian channel 20 does not enter, but get into position only channel there is donchian breakout of the upper band of the Donchian channel 55 periods. When the price breaks downward the red line of the Donchian Channel 20 period. If there is a second breakout of the red line of the Donchian channel 20 does channel enter, but get channel position only if there is a breakout of the lower forex of the Donchian channel donchian periods. Exit position with Trailing Stop that depends by time frame and currency pair. Place initial stopo loss 2 pips below strategy above the first green line. Trailing Stop 35 pips, donchian stop loss 2 pips below or above the first green forex or fix stop loss at strategy 40 pips. Exit position also with Profit Target: After 20 pips in gain move stop loss 40 pips forex the entry point. Double Donchian Channel Strategy. Donchian Channel 20 period red; Donchian Channel 55 perid green. Short Entry Forex the price breaks downward the red line of the Donchian Channel 20 period. Donchian Channel Double Breakout Trading System: Double Donchian Channel Trading System. Donchian Channel Forex Strategies. About Privacy Policy Sitemap VAT This website uses cookies. Cookies strategy the user experience and help make this website better.
He died on July 1, 2014, following a brief illness, at the age of 76. (Bowker Author Biography).
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