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RE: [Metastockusers] Donchian system



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When I opened the 
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<FONT face=Arial 
size=2>Lionel
 
 
 

<FONT face=Tahoma 
size=2>-----Original Message-----From: darren_wood@xxxxxxxx 
[mailto:darren_wood@xxxxxxxx] Sent: Monday, December 16, 2002 4:11 
AMTo: Metastockusers@xxxxxxxxxxxxxxxSubject: RE: 
[Metastockusers] Donchian systemI`m interested in 
this system also, but I only know some basics that may ormaynot be 
correct.I believe the Donchian bands are the highest high of the last 
n-periods andthe lowest lowest low of the last n-periods.Stops are based 
upon 2.5 * ATR value , but I`m not quite sure about this. Ithink the time 
period is 20 days and/or 55 days.I`m new to using metastock 8.0 EOD, but 
how do I run the system tests sothat a buy signal is executed immediately 
(ie at a moving average crossoverfor example), rather than at a close,open, 
high or low ? Seems to skewresults.How do I find a bar that has 2 
previous "higher highs and higher lows" 
?Darren                                                                                                                   
                    
"Lionel                                                                                        
                    
Issen"               
To:     
<Metastockusers@xxxxxxxxxxxxxxx>                                  
                    
<lissen@xxxxx        
cc:                                                                       
                    
on.rr.com>           
Subject:     RE: [Metastockusers] Donchian 
system                         
                                                                                                                   
                    
12/12/2002                                                                                     
                    
23:59                                                                                          
                    
Please                                                                                         
                    
respond 
to                                                                                     
                    
Metastockuser                                                                                  
                    
s                                                                                              
                                                                                                                   
                                                                                                                   
I think that Metastock Price Channels are identical to Donchian 
Channels.Use the online help as the V 7 manual is incomplete on 
this.These price channels and Darvas channels are 
similar.Lionel-----Original Message-----From: 
Bruce Barnard [mailto:bruce@xxxxxxxxxxx]Sent: Thursday, December 12, 2002 
2:31 PMTo: Metastockusers@xxxxxxxxxxxxxxxSubject: [Metastockusers] 
Donchian systemCan anyone help me with the MetaStock formula forthe 
complete Donchian system for trading ?Any help would be most 
appreciated.         Many 
thanks  -  Bruce BarnardTo unsubscribe from this 
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