Option 1, have someone code a Donchian with an upper and lower channel with selectable offset then use the crossing of those lines.
Option 2, after you create the strategy, edit the strategy and find the lines of code with DonchianChannel(period) and insert "+2*TickSize" after for the long and "-2*TickSize" after for the short. Note once you do this you will no longer be able to use the wizard to make changes.
The following user says Thank You to vegasfoster for this post:
I noticed you are using Renko bricks. You didn't ask for this but thought I'd mention it in case this concerns you. Back testing the Renko using Strategy Analyzer will give you results much better than you will get in a live market. This is because entries and exits are placed at the open of the next bar which can give much better results. If this is a concern for you, try using the BetterRenko brick that is in the Elite Downloads, https://futures.io/download/vip_elite_circle/594-download.html?view
The following user says Thank You to MWinfrey for this post:
MWinfrey, I tried the BetterRenko, but I get better results with the standard. I'm not too concerned with back testing, I've been trading this system on the ES for a few weeks with great results. Now, if I could just automate it so I don't have to get a tan from my sea of monitors!
I know it's retarded to test a system on a live account, but what the hell! It's been working... luckily! I'm currently live testing it with two contracts with separate targets. Here are my results so far:
I wouldn't mind back testing.... if I could just figure out how to script it! If you're willing to help, I can send you all my parameters. Or, I can just post them on this thread. Perhaps that may help others looking for a simple scalping system..?..
Why don't you post your rules here being as you're willing to share them and let's see what falls out. We can all take a look at them and offer what we can.
Bear in mind that strategies won't necessarily free you from watching your screens. Strategies still need supervision and in fact, I suggest that most strategies fall into this category. There are too many things that can happen that can compromise your strategy. The other point about back testing is that unfortunately the method I use to back test based on the close of the bar instead of the open uses the JAMRenkoFills.cs script that was in the Elite downloads at one time but is no longer there. I think @Big Mike told me it was removed at the request of the author. If that is true, then I will not be able provide it to anyone without permission from the author and I don't know who that is. However, I have no problem running it myself because I downloaded when it was available.