fxcodebase-backup
Dochian channel
Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=20206
Forum: 38 · Topic 20206 · 21 post(s)
Dochian channel
Alexander.Gettinger · Thu Jun 14, 2012 3:19 pm
Formulas: Middle[i]=(Upper[i]+Lower[i])/2, U75[i]=(Upper[i]+Middle[i])/2, L25[i]=(Middle[i]+Lower[i])/2, Upper[i]=maximum (Close, if Mode=0, or High, if Mode=1) price at range from (i-Length) to (i), Lower[i]=minimum (Close, if Mode=0, or Low, if Mode=1) price at range from (i-Length) to (i).
Download:
TS2/Lua version. viewtopic.php?f=17&t=20
Indicator based EA viewtopic.php?f=38&t=68723
Re: Dochian channel
Stomp2k · Sat Jul 27, 2019 6:47 am
Can someone please made into ea for mt4:
For short trade Enter breaking below donchian channel low Add additional entry on 25% pullback (up to 10 max additional entry) *would also like to adjust this to a 10% pullback instead exit option #1 at 50% line (close all trades) exit option #2 price reaches donchian channel high (close all trades)
For long trade Enter breaking above donchian channel high Add additional entry on 25% pullback (up to 10 max additional entry) *would also like to adjust this to a 10% pullback instead exit option #1 at 50% line (close all trades) exit option #2 price reaches donchian channel low (close all trades)
please advise
Re: Dochian channel
Stomp2k · Sat Jul 27, 2019 6:55 am
update
Can this be made into ea:
For short trade Enter breaking below donchian channel low user define initial lot size Add additional entry on 25% pullback (up to 10 max additional entry) *would also like to adjust this to a 10% pullback instead user define additional lot size add ons exit option #1 at 50% line (close all trades) exit option #2 price reaches donchian channel high (close all trades) user define overall take profit
For long trade Enter breaking above donchian channel high user define initial lot size Add additional entry on 25% pullback (up to 10 max additional entry) *would also like to adjust this to a 10% pullback instead user define additional lot size add ons exit option #1 at 50% line (close all trades) exit option #2 price reaches donchian channel low (close all trades) user define overall take profit
please advise
Re: Dochian channel
Apprentice · Sat Jul 27, 2019 7:19 am
Your request is added to the development list under Id Number 4807
Re: Dochian channel
Apprentice · Tue Jul 30, 2019 5:02 am
Indicator based EA viewtopic.php?f=38&t=68723
Re: Dochian channel
Stomp2k · Wed Jul 31, 2019 5:37 am
Awesome job.
May I request a revision as a dochian channel reversal trade ea
For short trade user define initial lot size Only 1 entry per candle Enter breaking above donchian channel high Add additional entries breaking above dtr level and donchian channel new high Also Add additional entry on 25% pullback (up to 10 max additional entry) *would also like to adjust this to a 10% pullback instead user define additional lot size add ons exit option #1 at 50% line (close all trades) exit option #2 price reaches donchian channel low (close all trades) user define overall take profit
For long trade user define initial lot size Only 1 entry per candle Enter breaking below donchian channel low Add additional entries breaking below dtr level and donchian channel new low Also Add additional entry on 25% pullback (up to 10 max additional entry) *would also like to adjust this to a 10% pullback instead user define additional lot size add ons exit option #1 at 50% line (close all trades) exit option #2 price reaches donchian channel high (close all trades) user define overall take profit
please advise
Re: Dochian channel
Apprentice · Wed Jul 31, 2019 6:29 am
Your request is added to the development list under Id Number 4818
Re: Dochian channel
Apprentice · Thu Aug 01, 2019 6:57 am
was is dtr level?
Re: Dochian channel
Stomp2k · Thu Aug 01, 2019 8:17 am
Sorry. Daily trading range 21 day average
Re: Dochian channel
Apprentice · Mon Aug 05, 2019 8:09 am
Dochian_Channel EA.mq4 added.
Re: Dochian channel
Stomp2k · Tue Aug 06, 2019 7:42 am
The EA does exit on mid line or top/bottom as requested, however, close all trades on desired TP target seems to be not working properly. If desired net tp is hit all trades should close and EA reset. closing at top/bottom or mid line is exit strategy for if the net tp does not become satisfied. can you please confirm and adjust. Thanks
Re: Dochian channel
Apprentice · Fri Aug 09, 2019 5:34 pm
I see no issues with net stop loss. It sets stop loss for all trades as expected
Re: Dochian channel
Apprentice · Sat Aug 10, 2019 5:29 am
I’ve updated the template. It includes some bug fixes.
Re: Dochian channel
Stomp2k · Sat Aug 10, 2019 7:22 am
Apprentice, I you would be so kind to send me PM, I’d like to discuss this strategy with you further. Thanks
Re: Dochian channel
Stomp2k · Sun Aug 11, 2019 1:38 pm
Apprentice, Thank you for your work
I have attached picture of what I need as per results of back test.
It should SELL at multiple Channel Highs and BUY at multiple Channel Lows, opposite of the result that is showing.
Also, on exit options should be On Center, On Top/Bottom or Net Take Profit Value. It does not close on my NET Take Profit value that is set during any phase of testing.
This would need to be my final adjustment for this strategy before I can proceed
Re: Dochian channel
Apprentice · Tue Aug 13, 2019 4:53 am
Your request is added to the development list under Id Number 4837
Re: Dochian channel
Apprentice · Tue Aug 13, 2019 7:57 am
It should SELL at multiple Channel Highs and BUY at multiple Channel Lows, opposite of the result that is showing.
It already doing that.
Also, on exit options should be On Center, On Top/Bottom or Net Take Profit Value.
Added another exit option (disabled).
Re: Dochian channel
Stomp2k · Tue Aug 13, 2019 9:10 am
My back testing is showing as losses when they are closing visually In Profit. I will download the latest. Thanks
Re: Dochian channel
trillionairemac · Wed Oct 09, 2019 5:13 pm
Is there an EA for this?
Re: Dochian channel
Apprentice · Thu Oct 10, 2019 12:28 pm
Something like Dochian_Channel EA.mq4?
Re: Dochian channel
trillionairemac · Thu Oct 10, 2019 5:00 pm
Apprentice wrote: Something like Dochian_Channel EA.mq4?
Yes. I tried to use the one you all have currently but for some reason, it will not work when I put it in my EXPERTS file folder for MT4.