ADX Donchian Strategy (Python)
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README
ADX Donchian Strategy (Python Version)
This strategy uses ADX Donchian indicators to generate signals. Long entry occurs when ADX > AdxThreshold && Price >= upperBorder (strong trend with breakout up). Short entry occurs when ADX > AdxThreshold && Price <= lowerBorder (strong trend with breakout down). It is suitable for traders seeking opportunities in mixed markets.
Testing indicates an average annual return of about 67%. It performs best in the stocks market.
Details
- Entry Criteria:
- Long: ADX > AdxThreshold && Price >= upperBorder (strong trend with breakout up)
- Short: ADX > AdxThreshold && Price <= lowerBorder (strong trend with breakout down)
- Long/Short: Both sides.
- Exit Criteria:
- Long: Exit position when ADX falls below (threshold - 5)
- Short: Exit position when ADX falls below (threshold - 5)
- Stops: Yes.
- Default Values:
AdxPeriod= 14DonchianPeriod= 5StopLossPercent= 2mCandleType= TimeSpan.FromMinutes(5)AdxThreshold= 10Multiplier= 0.1m
- Filters:
- Category: Mixed
- Direction: Both
- Indicators: ADX Donchian
- Stops: Yes
- Complexity: Intermediate
- Timeframe: Intraday
- Seasonality: No
- Neural networks: No
- Divergence: No
- Risk Level: Medium
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