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Where can I get some detailed information on the Donchian system? The only
thing that I have seen about Donchian is that he did a study of moving
averages.
Lionel Issen
lissen@xxxxxxxxxxxxxx
----- Original Message -----
From: "Glen Wallace" <gcwallace@xxxxxxxx>
To: "MetaStock listserver" <metastock@xxxxxxxxxxxxx>
Sent: Thursday, August 23, 2001 8:28 PM
Subject: Re: Turtle Trader System
> My recollection is that the Turtles use a Donchian breakout
> system, where the upper channel line is drawn at the highest
> high of 20-60 bars ago, and the lower channel line is the
> lowest low of 20-60 bars ago. I don't recall how they exit
> their trades. They apply the system to a large basket of
> non-correlated futures to even out the equity curve.
>
> For a system like this you would get large drawdowns, so
> money management would be critical. The entry system is
> a valid one, but you'd need a good exit, a large account to
> properly diversify and, in my opinion, nerves of steel.
>
>
>
> ----- Original Message -----
> From: "Sean Taylor" <cloudnine@xxxxxxxxxxxx>
> To: "Metastock List" <metastock@xxxxxxxxxxxxx>
> Sent: Thursday, August 23, 2001 7:39 PM
> Subject: Turtle Trader System
>
> > Has anybody out there tried the Turtle Trader system?
> > From what I've heard/read, it has it's foundations in money management.
> >
> > I'd be grateful for any information (especially from someone who uses
it),
> >
> > Thanks,
> > Sean
>
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