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Futures FX and Donchain Channel

  #3 (permalink)

Crystal Lake,IL
Posts: 5 since Mar 2010
Thanks: 1 given, 5 received

Donchian Channels are formed by H(upper) and L(lower price bars over x bars on chart. Look up turtle traders from GS in the past. There should be a centerline average, however some software only plots H/L brackets. One way to get your centerline is 1. write the code or 2. use Ichimoku study Tenkan-Sen or Kijun-Sen set to the same periods as the donchian channel. I have had success in ES with 7-21 cross only long> 34 ema or short<34 ema. 50 sma can be substituted. scale when top or bottom H?L channel is hit then keep runners. I would use an oscillator in conjuction, like stoch 14,3. I actualy like this set-up gl Hope it helps

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