FREE DOWNLOAD – Simple MPC “Donchian Channel” Trading System and Strategy. Donchian Channels has a simple plotting of highest high and lowest low of the last “n” periods. The “n” periods is based on the trader’s choice, who can select the period according to their requirements ranging from a day, hour and minutes etc.
Trading NOTES
- DOWNLOAD these NON-REPAINT Tools For Making The Perfect Trade Entry (the best trading tools all traders MUST HAVE)
- Use a demo account or a small live account first to practice this trading system
Traders use Donchian Channels to understand the support and resistance levels.
It’s a very simple calculation as compared to Fibonacci.
- Time Frame: Any
- Currency Pairs: GBPUSD, EURUSD, USDJPY, AUDUSD, USDNZD, and USDCAD
MetaTrader Trading Indicators
- MPC “Donchian Channel”
- RSI
How to install “The TURTLE TRADING System“
- Download “TraderVersity.Com-MPCDonchianChannelSystem” (Zip/RAR File).
- Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
- Copy the “TraderVersity.Com-MPCDonchianChannelSystem.tpl” file (template) to your Metatrader Directory …/templates /
- Start or restart your Meta Trader Client.
- Select Chart and Time frame where you want to test your Forex system.
- Right-click on your trading chart and hover on “Template”.
- Move right to select “TraderVersity.Com-MPCDonchianChannelSystem” trading system and strategy
- You will see “The TURTLE TRADING System” is available on your Chart
BUY Rules
- MPC “Donchian Channel”: Price breakOut the upper band of 20MPC and 10MPC
- RSI line: Upward and above level 55 line
SELL Rules
- MPC “Donchian Channel”: Price breakOut the upper band of 20MPC and 10MPC
- RSI line: Upward and above level 55 line