Channel Close Strategy

The simplest version of a Donchian channel breakout, with a single parameter. A good way to get started with trend strategies.

When a candle closes above the high of the previous N candles - buy. When it closes below the low - sell. The position is reversed.
All actions happen at the candle close with a market order, so the strategy works the same in the tester and on the live market.

⚠️ Loses in a sideways market and on false breakouts.

Parameters

len - channel length in candles (default 10)
If the price has moved beyond the opposite channel border by more than 1%, the position is closed with a market order

Backtest the strategy on historical data in the tester and run it in hamster-bot.