ChannelsBreakout — Strategy by Giovanni_Trombetta
By Giovanni_Trombetta
Performance Metrics
- Author: Giovanni_Trombetta
- Symbol: NASDAQ:AAPL
- Timeframe: 1 day
- Net P&L: +31,450.59 USD (+31.45%)
- Win Rate: 64.2%
- Profit Factor: 2.818
- Max Drawdown: 7,774.80 USD (7.77%)
- Total Trades: 67
- Sharpe Ratio: −0.064
Description
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.