OPEN-SOURCE SCRIPT

ChannelsBreakout

This script allows you to intercept price channel breakouts (Donchian channel) in a bullish perspective. Applicable both on Equities/ETFs and on Futures (Index Futures).

We open a position when closes crosses the upper channel. The trade ends with a trailing associated with a fast lower Donchian or a monetary stop loss.

It is an educational code and does not constitute a solicitation for public savings.

Penafian