PSOL 01 Donchian Channels — Strategy by Khanhtq26
By Khanhtq26
Performance Metrics
- Author: Khanhtq26
- Symbol: HNX:VN301!
- Timeframe: 5 minutes
- Net P&L: +75,260,000.00 VND (+75.26%)
- Win Rate: 41.2%
- Profit Factor: 1.403
- Max Drawdown: 13,440,000.00 VND (7.42%)
- Total Trades: 308
Description
PSOL 01 DC is a Trend Following strategy designed for VN30F1M (Vietnamese Stock Index Futures), built with Pine Script v5. 📌 Indicators used: Donchian Channel (20 periods) + SMA(200) trend filter (optional) 📐 Entry Rules:- Long: Close breaks above the upper band of Donchian Channel (20) → entry at next bar open- Short: Close breaks below the lower band of Donchian Channel (20) → entry at next bar open 🚪 Exit Rules:- Stop Loss: configurable points from entry (default 10 pts)- Take Profit: configurable points from entry (default 20 pts) — optional, can be disabled- Reverse: position flips automatically when the opposite breakout signal fires- End of Session: all positions closed at the first bar outside the session window ⏰ Time Filter:Built-in session filter to avoid ATO (8:45–9:00) and ATC (14:30–15:00) periods.Default session: 9:00 – 14:30. Start and end time are fully configurable via inputs. 🔧 Trend Filter (optional):SMA(200) slope filter — Long only when SMA is rising (Bull), Short only when SMA is falling (Bear).When disabled, the system runs as a continuous reversal engine: every Donchian breakout flips the position, with no time out of the market. 📍 Recommended for: VN30F1M intraday traders🔗 Community: zalo.me/g/jvaykb078