what does this code with Donchian do ?

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  • 11/16/2020 at 2:30 PM #150639 quote
    Vivien Adnot
    Participant
    Junior

    Hi, I have a hard time read this code:

    donchian = lowest[15](low)
if donchian > donchian[15] then // that is a line I don't understand
    sell at market
endif

    What does the statement “donchian[15]” actually do ?

    I guess it’s a question of periods, but I can’t figure it

    Thanks for your help

    11/16/2020 at 2:36 PM #150640 quote
    Nicolas
    Keymaster
    Master

    If lowest low of the last 15 bars is above the lowest low of the last 15 bars from 15 bars ago, then close the buy position.

    11/16/2020 at 6:33 PM #150676 quote
    Vivien Adnot
    Participant
    Junior

    Thank you Nicolas !

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what does this code with Donchian do ?


ProOrder: Automated Strategies & Backtesting

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Vivien Adnot @vivien_adnot Participant
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This topic contains 2 replies,
has 2 voices, and was last updated by Vivien Adnot
5 years, 3 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 11/16/2020
Status: Active
Attachments: No files
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