XJO 0.42% 7,718.2 s&p/asx 200

d channel with darvas examples for hardball

  1. 1,374 Posts.
    hardball

    to narrow the feild down i used the ARM NN strategy
    as it yields a fairly decent amount of consistant results. i scanned asx stocks with a price range of 10c to $16 and uploaded some examples.
    some of the examples i have traded or are still holding waiting to see how far they can go.

    then using standard darvas(without any signals) indicator
    combined with turtle trader donchian channel breakout trading system (closet to donchian channel) with signals on the chart template

    ive simplified the chart as u complained bitterly about my
    original chart templates :)

    the below charts appear to show consistant patterns:

    *strong candles forming insde the darvas and then breaking out suggest strong bullish trends

    *candles that spike the donchian channel appear to suggest new bullish trends

    *smaller forming darvas show stronger bullish trends

    *candles that close higher than previous candles which have broken out of the darvas or spiked the d channel appear to suggest more bullish upside

    and add any more if yu see anything, i need a break and get something to eat




























 
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