Anjan 的高级唐奇安模型 (AADM) (Anjan's advanced donchian model (AADM))
来源：ForexFactory · Trading Systems · 原帖链接
原帖作者：anjanbabu
发布日期：First Post: Oct 10, 2024 1:32am | Edited 1:55am
原帖作者：anjanbabu
发布日期：First Post: Oct 10, 2024 1:32am | Edited 1:55am
WELCOME TO ANJAN'S ADVANCED DONCHIAN MODEL (AADM)
I will be available on this forum only, and I am not selling anything. I will build tools like indicators and dashboards, but at the end of the day it will be a manual trading system because we trade price action only.
First let me introduce myself
To skip to the main strategy, scroll down to “”
Myself:
Hi guys, I am Anjanbabu from India. I have a long history with forex; I have traded several strategies in my career. I have joined numerous courses, which I will name later.
A brief history about me: I started with the forex markets in India a very long time ago, somewhere between 2015-2017. At that time, I was in college trying to get my bachelor's degree in business. To be honest, I really thought they would teach me something related to trading, but there was never any mention of trading in the entire curriculum. So, I had to learn on my own online. Being in India, where day trading is not a common profession, I started my long journey of struggling. I was alone throughout the entire process, but thanks to my internet friends from different countries, I had some company. The reality in India is much different. First, forex trading is not legally allowed; i.e., no CFDs, spread betting, or any other leveraged products from any broker. We can only trade forex futures on some INR pairs, which are not great, by the way. The stock market in India is not designed for day trading; it is designed for long-term investing. So, I never had any interest in options and futures in the Indian markets. There are no micro lots, and the lot sizes are huge for futures markets. Also, investing is not a good option either; only some big brands can be trusted. There is a lot of fraud and manipulation happening every day, and the majority of the small-cap and mid-cap stocks are mostly owned by the promoters. So, most of these stocks are not suitable for investors and day traders because there is literally no liquidity. I still tried for several years with the Indian stock market. I took courses, attended seminars, and also traded live for a few years. The more I was involved in the Indian stock market, the more I realized the amount of fraud. Some midcap companies don’t even have a functioning or updated website. This is one of the biggest reasons why most foreign investors don’t invest in India. We have to visit those companies physically, and even then, there are frauds. You can check that some top investors mention this again and again. Warren Buffett, Charlie Munger, and Monish Pabrai (considered the Indian Warren Buffett) have all publicly stated that Indian markets are full of fraud. Hence, I never had a liking for it at all.
My biggest disappointment was probably not due to the frauds in the Indian markets; it was actually because they didn’t allow me to trade the CFD markets. I did trade with some regulated brokers using Neteller and Skrill by remitting money from third-party sources, etc. But sometime in 2020, my bank accounts were closed without notice. I had a show cause notice issued by the monetary governing body to provide documents for sending and receiving money from outside the country. I provided them with everything, and even to this day, my case is not resolved, and my money is still held. I later submitted an application requesting permission to remit money outside the country, which is legally allowed. But I was denied, stating they want to protect me from fraud, and I couldn’t participate in speculative markets. So after all this, I lost hope and quit for a brief moment.
I have a small business which has great and bad times like a wheel. Whenever I have a bad time in business, I always remember my time when I was trading and made money just by looking at some lines. I literally traded TMS, Davit's pivot, Renko, Guppy MA, etc. So, whenever I had these episodes, I used to hop back on Forex Factory to check what’s going on, make some activity, and leave. I even tried to do it with crypto deposits, but the government banned converting crypto to fiat with any exchange. So, I am on and off with forex, which was my childhood dream.
So, I have said everything about me and forex.
In 2025, I will be moving out of India, a tough decision. The decision was made, not because I want to trade. This decision came after I lost my mom, and my relatives are the most cruel people who are hunting me down. I am leaving India with my dad in 2025. I am leaving behind my business and a few properties. I haven’t decided on the country I am moving to, probably the Middle East or Southeast Asia.
The reason for this thread is to finalize the strategy I am preparing for myself. This will be one of the strategies I will employ along with TMS from BigE and several others I found on this forum.
I have studied SMC concepts and other theories. I DON’T BELIEVE IN SMC. I know all their concepts, and I don’t believe in that reverse psychology nonsense. I was successful in the past with simple technical indicators, and I am confident I will be successful again.
The system I am designing right now is AADM (ANJAN'S ADVANCED DONCHIAN MODEL).
The system I am designing right now is AADM (ANJAN'S ADVANCED DONCHIAN MODEL).
I will be using one indicator for now: the Donchian indicator. A simple copy-paste of what Donchian indicators mean is: The Donchian channel is a technical indicator that was developed in the twentieth century by a prolific trader named Richard Donchian.
The image below shows the indicator in action. Most of you might not need this definition.
The chart will look like this:
The elements in this chart:
Platform: cTrader. I use cTrader because working with Renko, range bars are so easy with cTrader, and I don’t need a separate indicator for it.
Indicator: Donchian midline. Settings are irrelevant at this point; you can choose the settings of your choice.
I have three sets of settings: Short term, intermediate term, long term. 
Bulish Model
For bullish trades, the model should be:
Long term < mid term < small term
For bearish trades, the model should be:
Long term > mid term > small term
In consolidating ranges, the lines are intertwined.
So if you guys are thinking this is just like a moving average strategy, yes, you are right. It is simple, like the multiple moving average strategy. There are many strategies like it: the moving average ribbon, Guppy multiple averages, etc.
What we have extra is that we are using Donchian channels.
There are several benefits to using a Donchian channel. Just the property that it measures the highs and lows of candles gives us a signal for consolidation and breakout. Breakouts can be either a continuation or reversal.
The Donchian channel will also help trail stop loss and ride the trend. We are technically trading with the trend, as Richard Donchian always stressed, “If it's never our fault, we can't take responsibility for it. If we can't take responsibility for it, we'll always be its victim.”
Setting up the chart
Now that you have the strategy basics, go on cTrader or anything you are comfortable with:
1. Open a Renko or range chart.
2. Install 3 Donchian channel indicators with settings of 20, 60, 100 periods, respectively.
3. Observe the chart.
Some of you might say it only works on trending markets and no more works at the current markets. I suggest try it for a few days.
Things coming in the next few posts:
1. How I find setups
2. How many setups
3. Management of trade / RISK
These things will also be made into a PDF, and I will post it in this first post when it is ready.
PDF file with full strategy attachment: PDF in progress
Moderators keep this in trading systems.
I will be available on this forum only, and I am not selling anything. I will build tools like indicators and dashboards, but at the end of the day it will be a manual trading system because we trade price action only.
First let me introduce myself
To skip to the main strategy, scroll down to “”
Myself:
Hi guys, I am Anjanbabu from India. I have a long history with forex; I have traded several strategies in my career. I have joined numerous courses, which I will name later.
A brief history about me: I started with the forex markets in India a very long time ago, somewhere between 2015-2017. At that time, I was in college trying to get my bachelor's degree in business. To be honest, I really thought they would teach me something related to trading, but there was never any mention of trading in the entire curriculum. So, I had to learn on my own online. Being in India, where day trading is not a common profession, I started my long journey of struggling. I was alone throughout the entire process, but thanks to my internet friends from different countries, I had some company. The reality in India is much different. First, forex trading is not legally allowed; i.e., no CFDs, spread betting, or any other leveraged products from any broker. We can only trade forex futures on some INR pairs, which are not great, by the way. The stock market in India is not designed for day trading; it is designed for long-term investing. So, I never had any interest in options and futures in the Indian markets. There are no micro lots, and the lot sizes are huge for futures markets. Also, investing is not a good option either; only some big brands can be trusted. There is a lot of fraud and manipulation happening every day, and the majority of the small-cap and mid-cap stocks are mostly owned by the promoters. So, most of these stocks are not suitable for investors and day traders because there is literally no liquidity. I still tried for several years with the Indian stock market. I took courses, attended seminars, and also traded live for a few years. The more I was involved in the Indian stock market, the more I realized the amount of fraud. Some midcap companies don’t even have a functioning or updated website. This is one of the biggest reasons why most foreign investors don’t invest in India. We have to visit those companies physically, and even then, there are frauds. You can check that some top investors mention this again and again. Warren Buffett, Charlie Munger, and Monish Pabrai (considered the Indian Warren Buffett) have all publicly stated that Indian markets are full of fraud. Hence, I never had a liking for it at all.
My biggest disappointment was probably not due to the frauds in the Indian markets; it was actually because they didn’t allow me to trade the CFD markets. I did trade with some regulated brokers using Neteller and Skrill by remitting money from third-party sources, etc. But sometime in 2020, my bank accounts were closed without notice. I had a show cause notice issued by the monetary governing body to provide documents for sending and receiving money from outside the country. I provided them with everything, and even to this day, my case is not resolved, and my money is still held. I later submitted an application requesting permission to remit money outside the country, which is legally allowed. But I was denied, stating they want to protect me from fraud, and I couldn’t participate in speculative markets. So after all this, I lost hope and quit for a brief moment.
I have a small business which has great and bad times like a wheel. Whenever I have a bad time in business, I always remember my time when I was trading and made money just by looking at some lines. I literally traded TMS, Davit's pivot, Renko, Guppy MA, etc. So, whenever I had these episodes, I used to hop back on Forex Factory to check what’s going on, make some activity, and leave. I even tried to do it with crypto deposits, but the government banned converting crypto to fiat with any exchange. So, I am on and off with forex, which was my childhood dream.
So, I have said everything about me and forex.
In 2025, I will be moving out of India, a tough decision. The decision was made, not because I want to trade. This decision came after I lost my mom, and my relatives are the most cruel people who are hunting me down. I am leaving India with my dad in 2025. I am leaving behind my business and a few properties. I haven’t decided on the country I am moving to, probably the Middle East or Southeast Asia.
The reason for this thread is to finalize the strategy I am preparing for myself. This will be one of the strategies I will employ along with TMS from BigE and several others I found on this forum.
I have studied SMC concepts and other theories. I DON’T BELIEVE IN SMC. I know all their concepts, and I don’t believe in that reverse psychology nonsense. I was successful in the past with simple technical indicators, and I am confident I will be successful again.
The system I am designing right now is AADM (ANJAN'S ADVANCED DONCHIAN MODEL).
The system I am designing right now is AADM (ANJAN'S ADVANCED DONCHIAN MODEL).
I will be using one indicator for now: the Donchian indicator. A simple copy-paste of what Donchian indicators mean is: The Donchian channel is a technical indicator that was developed in the twentieth century by a prolific trader named Richard Donchian.
The image below shows the indicator in action. Most of you might not need this definition.
The chart will look like this:
The elements in this chart:
Platform: cTrader. I use cTrader because working with Renko, range bars are so easy with cTrader, and I don’t need a separate indicator for it.
Indicator: Donchian midline. Settings are irrelevant at this point; you can choose the settings of your choice.
I have three sets of settings: Short term, intermediate term, long term.
- You can have the entire channel or just the midpoint. I am using a combination of both the midpoint and the upper, lower channel.
- Midpoints level for the trade and trend confirmation and outer upper and lower layer for management. When I say management, I mean stops, trailing stops, trigger take profits, etc.
Bulish Model
For bullish trades, the model should be:
Long term < mid term < small term
For bearish trades, the model should be:
Long term > mid term > small term
In consolidating ranges, the lines are intertwined.
So if you guys are thinking this is just like a moving average strategy, yes, you are right. It is simple, like the multiple moving average strategy. There are many strategies like it: the moving average ribbon, Guppy multiple averages, etc.
What we have extra is that we are using Donchian channels.
There are several benefits to using a Donchian channel. Just the property that it measures the highs and lows of candles gives us a signal for consolidation and breakout. Breakouts can be either a continuation or reversal.
The Donchian channel will also help trail stop loss and ride the trend. We are technically trading with the trend, as Richard Donchian always stressed, “If it's never our fault, we can't take responsibility for it. If we can't take responsibility for it, we'll always be its victim.”
Setting up the chart
Now that you have the strategy basics, go on cTrader or anything you are comfortable with:
1. Open a Renko or range chart.
2. Install 3 Donchian channel indicators with settings of 20, 60, 100 periods, respectively.
3. Observe the chart.
Some of you might say it only works on trending markets and no more works at the current markets. I suggest try it for a few days.
Things coming in the next few posts:
1. How I find setups
2. How many setups
3. Management of trade / RISK
These things will also be made into a PDF, and I will post it in this first post when it is ready.
PDF file with full strategy attachment: PDF in progress
Moderators keep this in trading systems.
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