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Donchian Channel Trend-Range Trading System


The “Donchian Channel Trend-Range Trading System” is a forex strategy based on the Donchian Channel indicator. It’s a very easy, simple, and profitable trend-range trading system.

Trading NOTES

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  • Time Frame: 15 min or higher
  • Financial Markets: Forex, CFD, Futures, Indices

 

MetaTrader Trading Indicators
  • Donchian Bands
  • IIN WMA Arrows
  • Non Lag MA
  • Parabolic SAR
  • FS30 Histogram
  • MACD Alert

 

BUY Rules


  • Candle close above the middle band of the Donchian Bands indicator
  • In Marrows BUY arrow
  • Parabolic SAR below the arrow
  • Histogram blue bar
  • MACD alert blue line
  • Non lag MA green line

 

SELL Rules

  • Candle close below the middle band of the Donchian Bands indicator
  • In Marrows SELL arrow
  • Parabolic SAR above the arrow
  • Histogram red bar
  • MACD alert red line
  • Non lag MA red line

 

Trading NOTES
  • Exit position is discretionary and depends by time frame and currency pairs
  • This forex system is very flexible for more interpretations
  • Initial stop loss on the previous swing.
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