Donchian Channel Strategy: Does It Work? How To Choose the Number of Periods?

[@UngerAcademyENGLISH]

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[@borntodoit8744]

Actually a good video. Basic Strategy proved as good. Donchian buy at breakout of upper line. Donchian sell at breakout of lower line..

[@kroatoaneight-four]

1st like and comment. Happy New Yeat, Unger Channel team

[@chowvincent3289]

Where you put the stop loss ?

[@alessandrontanos4499]

No stoploss is used in this backtest. The strategy can just reverse the position at the opposite side of the Channel. For sure it will be needed for further investigations ;)

[@senteixTrader]

thank you very good video :)

[@SSEnrich]

I have tested it a bit in forex. 4H manually. Daily, 4H, 1H and 30 m in the strategy tester. I don't believe much in this. The Donchian channel breakout on its own is not enough to be profitable is my guess. Although I reached a profit factor of 1.34 on AUDCAD 4H with very small profit targets. In general though I like the Donchian channel.