[RT] Re: Donchian

[marlowec@xxxxxxx]

--- In realtraders@xxxxxxxxxxx, Brian Keith Voiles <admagic@xxxx> 
wrote:
> Kris,
> If you get the donchian ela, would you mind forwarding a copy to me?
> Thanks,
> Brian
> 
> 

I don't remember where I got this code several years ago, probably 
from the Omega group list.  I have run it under SuperCharts.

Hope this helps  ...  Marlowe


{40/20 Donchian Channel Breakout}

INPUT : Multi(1), EntryDay(40), ExitDays(20);
VAR : Cons(0);

IF Multi = 1 THEN 
   Cons = 5000 / ( StdDev( Close - Close[1], 30 ) * BigPointValue )
   ELSE
      Cons = 1;

IF Cons < 1 THEN Cons = 1;



 Buy ("Breakout Buy") {Cons Contracts} Next Bar at Highest(High, 
EntryDay) Stop;
 Sell ("Breakout Sell") {Cons Contracts} Next Bar at Lowest(Low, 
EntryDay) Stop;

ExitLong ("Breakout Exit-Ln") Next Bar at Lowest(Low, ExitDays) Stop;
ExitShort ("Breakout Exit-Sh") Next Bar at Highest(High, ExitDays) 
Stop;



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