Donchian's 4-Week-Rule !

[EmAy]

The PriceChannel has a 20 day period (4week) but what about the upper range and the lower range ?

I use an upper range of 2 and a lower range of 2.

the signals are very clear and work really good for geman indexes (Future-DAX, MDAX-Future).

can somebody confirm that ?

which upper/lower-levels do u guys use ?

 

[nzbryant]

? the upper level is 20 day high, lower 20 day low

 

[EmAy]

I don t know which software u use...but my trading software has besides the 20day period an upper/lower range.

so it looks like this:

PCH ( Close 20, 2, 2)

 

[EmAy]

May be this illustrates what i want to emphasize:

 

[EmAy]

Quote from EmAy:

May be this illustrates what i want to emphasize:

Nobody a clue ?

 

[bsmeter]

none of that fancy shit works.

 

[EmAy]

Quote from bsmeter:

none of that fancy shit works.

resists and supports work, thats why the 4-week-rule works

For this year i m up 75 %, believe me it works !

 

[bsmeter]

Quote from EmAy:

resists and supports work, thats why the 4-week-rule works

For this year i m up 75 %, believe me it works !

Then maybe you should Re-word your original post to "How do you guys use support and resistance"?


Good job on your 75% gain. But paper trading accounts don't count! 1000% on Zero is the same as 75% of Zero.

 

[EmAy]

Quote from bsmeter:

Then maybe you should Re-word your original post to "How do you guys use support and resistance"?


Good job on your 75% gain. But paper trading accounts don't count! 1000% on Zero is the same as 75% of Zero.

Thats not the point, i know how to use resists and supports.

I started with 300,000 € this year, ok thats not a lot, but i just turend 25 and i know how to trade

at least my equity curve knows it

my question aims at the upper and lower range, if u don t have a clue what i m speaking of, just leave it to post a message

Got me ?

 

[nzbryant]

Quote from EmAy:

Thats not the point, i know how to use resists and supports.

I started with 300,000 € this year, ok thats not a lot, but i just turend 25 and i know how to trade

at least my equity curve knows it

my question aims at the upper and lower range, if u don t have a clue what i m speaking of, just leave it to post a message

Got me ?

Just turned 25 and have 300K?! Mummy and Daddy giving it to you?