Donchian Macd Strategy (C#)

Strategy combining Donchian Channel breakout with MACD trend confirmation. The strategy waits for a Donchian breakout and verifies momentum with MACD. Long or short trades ride the move once MACD agrees. Aimed at breakout enthusiasts wanting confirmation. Stops are placed using an ATR multiplier.

• Entry Criteria:

• Long: Price breaks Donchian high && MACD > Signal

• Short: Price breaks Donchian low && MACD < Signal []Long/Short: Both []Exit Criteria: MACD reversal []Stops: Percent-based using StopLossPercent []Default Values:

• DonchianPeriod = 20

• MacdFast = 12

• MacdSlow = 26

• MacdSignal = 9

• StopLossPercent = 2m

• CandleType = TimeSpan.FromMinutes(5).TimeFrame() [*]Filters:

• Category: Breakout

• Direction: Both

• Indicators: Donchian Channel, MACD

• Stops: Yes

• Complexity: Intermediate

• Timeframe: Mid-term

• Seasonality: No

• Neural Networks: No

• Divergence: No

• Risk Level: Medium