TS: Donchian Long

48.43% strategy
performance

-3.06% buy&hold
performance

48% percentage
of winning trades

1.71 reward to
risk ratio

1% average
position return

-17.45% drawdown

A long strategy created by Kevin Shah on TrendSpider. Tested at 1,000 candles of BAC, Daily.

You can import this strategy into your TrendSpider account. Don't have TrendSpider? Create an account first, then import the strategy.

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

Entry Conditions

All of the following: # Donchian Long (bounce from Donchian low)
  D Chart(low) (1 candles ago) ≤ D Donchian Channels (20, 0), Low (1 candles ago)
  D Chart(close) (1 candles ago) ≥ D Donchian Channels (20, 0), Low (1 candles ago)
  D Chart(close) > D Chart(close) (1 candles ago)

Exit Conditions

All of the following: # "Exit"
  D Chart(high) is within range of ± 0.5 % from D Donchian Channels (20, 0), Up

OR ANY OF

Take Profit	Exit if gained more than 15%.
Trailing Stop	Trailing stop at 5%.