Using Trade Dependence to Improve the Donchian Breakout Trading Strategy

Looking into the donchian channel breakout strategy's dependence between trades. I show that trades following a prior losing signal are often better, and trades following a prior winning signal are not very good.The turtle used traded a very similar strategy.



Code: github.com/neurotrader888/TradeDependenceRunsTest

Links
en.wikipedia.org/wiki/Wald%E2%80%93Wolfowitz_runs_…
www.investopedia.com/articles/trading/08/turtle-tr…



The content covered on this channel is NOT to be considered as any financial or investment advice. Past results are not necessarily indicative of future results. This content is purely for education/entertainment.