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Donchian Channel Scalper 15m

45.20% strategy
performance
34.80% buy&hold
performance
56% percentage
of winning trades
1.01 reward to
risk ratio
0.14% average
position return
-9.70% drawdown

A long strategy created by TrendSpider on TrendSpider. Tested at Medium (5,000 candles) of GOOG, 15 min.

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Enters long when price bounces off the 15M Donchian Channel Low

Exits +1% or -1%

Chart type the strategy tested at: Candles. Market data: regular session. Trade by: open. Backtest results as of .

Entry Conditions

All of the following: # PA Entry
  15min Chart Bounce Off 15min Donchian Channels (20, 0), Low

Exit Conditions

Take Profit Exit if gained more than 1%.
Stop Loss Exit if lost more than 1%.