Re: Donchian channels Indicator formula

[Rokin Sequoia <rokinseq@xxxxxxxxxx>]

Gentlemen,

Thanks, thanks, many thanks for all the support and positive thinking. I am
completely new to chatpages like these and I want to thank Carlos for mentioning
this. I am using TradeStation 2000i. I will take a look into all my mails but
already want to thank everybody here for such overwhelming support.

regards,

Ed kiers

Carlos Lourenco schreef:

> You have to tell the list what program you are using in order for someone to
> help you.
> Is it TradeStation, SuperCharts, or something else?
>
> Regards,
>
> Carlos
>
> ----- Original Message -----
> From: Rokin Sequoia <rokinseq@xxxxxxxxxx>
> To: ValMac <valmac@xxxxxxxx>
> Cc: <omega-list@xxxxxxxxxx>
> Sent: Monday, October 23, 2000 5:31 AM
> Subject: Re: Donchian channels Indicator formula
>
> > Hi there,
> >
> > This is a good question. I am looking for this stuff myself. Let me
> > explain what I want. I would like to program a system that looks for
> > break outs above previous bars. I want to optimize my Entry Long, Exit
> > Long, Entry Short and Exit Short.
> > Ricard Donchian and later Richard Dennis and his Turtles traded 20 day
> > breakouts. They bought stocks when a previous 20 day high was broken to
> > the upside.
> > A good idea but this can be optimized. What happens when I go long when
> > the high of the previous 5 bars is broken? Or six bars? or 7 bars? For a
> > long position. What to do with this long position? What are the results
> > when I Exit Long after the lowest low of the previous 3 bars is broken?
> > or 4 bars or 5 bars?
> > This can be optimized.
> > I saw a system once that came up with a four digit string for the 5
> > minute bar Eurostoxx 50 index. It said 2552 which meant; enter a long
> > position after the high is broken of the previous 2 bars. Exit this long
> > position after the lowest low of the 5 previous bars is broken. Enter a
> > short position after the lowest low is broken of the previous 5 bars and
> > buy back this short position after the highest high of the 2 previous
> > bars is broken to the upside.
> > The burning question I have at the moment is how to write a program that
> > calculates the optimal combination? And also; how do I write a program
> > that trades this?
> > Any suggestions are more than welcome. I think it is a brilliant trading
> > idea but my knowledge of Easy Language are very limited.
> >
> > Ed kiers
> >
> > ValMac schreef:
> >
> > > Hi folks!
> > > Do smb know ELA formulas for Donchian channels Indicator ?
> > > thx
> > > Valera
> >
> >
> >