Donchian's 4-Week-Rule !

Discussion in 'Strategy Development' started by EmAy, Aug 9, 2006.

  1. EmAy

    EmAy

    The PriceChannel has a 20 day period (4week) but what about the upper range and the lower range ?

    I use an upper range of 2 and a lower range of 2.

    the signals are very clear and work really good for geman indexes (Future-DAX, MDAX-Future).

    can somebody confirm that ?

    which upper/lower-levels do u guys use ?
     
  2. ? the upper level is 20 day high, lower 20 day low
     
  3. EmAy

    EmAy

    I don t know which software u use...but my trading software has besides the 20day period an upper/lower range.

    so it looks like this:

    PCH ( Close 20, 2, 2)
     
  4. EmAy

    EmAy

    May be this illustrates what i want to emphasize:

    [​IMG]
     
  5. EmAy

    EmAy

    Nobody a clue ? :confused:
     
  6. bsmeter

    bsmeter

    none of that fancy shit works.
     
  7. EmAy

    EmAy

    resists and supports work, thats why the 4-week-rule works :)

    For this year i m up 75 %, believe me it works !
     
  8. bsmeter

    bsmeter



    Then maybe you should Re-word your original post to "How do you guys use support and resistance"?


    Good job on your 75% gain. But paper trading accounts don't count! 1000% on Zero is the same as 75% of Zero. :D
     
  9. EmAy

    EmAy

    Thats not the point, i know how to use resists and supports.

    I started with 300,000 € this year, ok thats not a lot, but i just turend 25 and i know how to trade :D

    at least my equity curve knows it :D

    my question aims at the upper and lower range, if u don t have a clue what i m speaking of, just leave it to post a message

    Got me ? :)
     
  10. Just turned 25 and have 300K?! Mummy and Daddy giving it to you?
     
    #10     Aug 19, 2006