This script allows you to intercept price channel breakouts ( Donchian channel) in a bullish perspective. Applicable both on Equities/ETFs and on Futures (Index Futures ).

We open a position when closes crosses the upper channel. The trade ends with a trailing associated with a fast lower Donchian or a monetary stop loss.

It is an educational code and does not constitute a solicitation for public savings.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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