ETHUSD 4H DONCHIAN CHANNEL STRAETEGY

Step #1: Attach the Donchian channel indicator to your chart. Preferred setting 20 periods.
Step #2: Wait until the price crawls along the upper Donchian Channel. The price should not go below the middle band during this stage.
Note* The closer the price action moves along the upper band, the stronger the trend is.
Step #3: Buy1 when the price pulls back to the middle Donchian band. Buy2 when the price pulls back to the lower Donchian band.
We recommend splitting your trade into two parts as this will give you a better average entry price.
Step #4: Hide your protective Stop Loss below the lower Donchian band
Step #5: Find your own TP