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Renko donchian channel strategy

Posted: Fri Nov 22, 2019 4:05 pm
by ramanthind02
This strategy trades reversal off of the donchian channels. The heiken aishi is there for vidual aid but is not part of trading. Trading is simple and easy, take a trade when donchian channel, macd, and uni cross indicator( 2 line cross of snake and t3 indicator) all give signals. Put stop loss on donchian channel, and take profit around the end of the channel. So far, I've had really good success, with about a 80-90% win rate. The only losses I have occurred are trading against a strong trend. Bear in mind this is on my demo account. So I want everyone to attempt to make this strategy even better :)

Re: Renko donchian channel strategy

Posted: Fri Nov 22, 2019 4:10 pm
by ramanthind02
I attached the indicators and my template.

Re: Renko donchian channel strategy

Posted: Fri Nov 22, 2019 4:13 pm
by moey_dw
ramanthind02 wrote: Fri Nov 22, 2019 4:10 pm I attached the indicators and my template.
super dooper................ thx u for posting this renko system for us my man!!!!! :In Love:

Re: Renko donchian channel strategy

Posted: Fri Nov 22, 2019 4:26 pm
by ramanthind02
An example of a trade would look like this.

Re: Renko donchian channel strategy

Posted: Fri Dec 20, 2019 2:53 am
by predsmaniac
Thanks for posting this system.
I have added the OBV2 and TRO Modified VERSION in Color set to 20 period MA

Re: Renko donchian channel strategy

Posted: Sat Jan 11, 2020 3:30 am
by wayne6881
Which time is right?

Re: Renko donchian channel strategy

Posted: Tue Mar 08, 2022 8:01 am
by axelush
ramanthind02 wrote: Fri Nov 22, 2019 4:26 pm An example of a trade would look like this.
Image
hi ramanthind

you stil trading with this strategy?
looks very interesting

Re: Renko donchian channel strategy

Posted: Tue Mar 08, 2022 8:49 am
by wojtek
To be strict, it's the super-signal channel which recalculates,
so it's rather useless in practice.
The Donchian channel is shifted to the right...