Donchian channel system
The signals derived from this system are based on the following basic rules: 1. When price closes above the Donchian Channel, buy long and cover short positions.
Incredible Charts Donchian Channels
Richard Donchian's Channels are used in a number of trading systems to identify entry and exit points in trends.
Donchian Channels Definition
Investopedia explains Donchian Channels The Donchian Channel is a simple trend-following breakout system. The signals derived from this system are based on the following
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