Not So Simple Donchian v1

Not So Simple Donchian 3.0: Advanced trading system based on Donchian channels with intelligent risk management.

Complete strategy for automated trading with direct integration to 3Commas. Ideal for traders of all levels looking for a robust system, backtested and optimized for multiple pairs and timeframes.

KEY FEATURES:
- Based on powerful and effective Donchian channels to identify entry and exit points
- Configurable EMA filter with "yellow zone" detection to avoid trading during indecision periods
- Enhanced stop loss system with fixed percentage capital protection
- Pattern recognition including Donchian Base and Hammer patterns
- 16 preconfigured presets (or configure your own parameters)
- Dynamic drawdown protection with automatic risk reduction after consecutive losses
- Signal cooldown periods to prevent overtrading after wins/losses
- Independent capital allocation for long and short positions
- Configurable profit currency selection for both long and short positions

3COMMAS INTEGRATION:
Seamless integration with 3Commas through a simplified alert system that allows:
- Independent configuration of order currency for long/short positions
- Customizable capital allocation for different position types
- Clear visualization of signals through markers on the chart
- Alert messages with complete operation parameters

RISK MANAGEMENT:
- Different capital allocation for long vs short positions
- Limit maximum risk per trade with fixed percentage stop loss
- Intra-candle stop loss verification for immediate reaction
- Dynamic trailing stop system with updates based on R:R levels
- Automatic drawdown protection that reduces risk after losses
- Signal cooldown periods after wins or losses to avoid emotional trading

ADVANCED TECHNICAL FEATURES:
- Yellow EMA state detection to avoid trading during indecision periods
- Improved stop loss management for short positions
- Separate profit currency options for long and short positions
- Signal prevention during market indecision

ANALYSIS AND BACKTESTING:
This strategy has been extensively tested with years of data across multiple pairs and timeframes.

Version 3.0 incorporates all improvements and corrections based on extensive testing:
- Implementation of signal cooling periods to prevent overtrading
- Advanced EMA yellow state detection to avoid trading during uncertain market conditions
- Independent capital and profit currency management
- Enhanced visualization with status tables and dynamic labels

Includes complete user interface with trade visualization, trend lines, and informative labels.

NOTE: As with any strategy, perform your own backtesting before implementing with real capital.