Hi everyone!

We created the Donchian Channel breakout strategy (sourced from Raposa.trade) that @undershot mentioned in the QC Discord. This strategy buys when the stock closes above its trailing 20-day high and sells when the stock closes below its trailing 20-day low. 

Following the original research, this strategy trades XOM and outperforms buy-and-hold. Since it only trades one asset, it likely suffers from stock selection bias. To develop this algorithm further, consider testing this strategy on a universe of Equities or another asset class.

Derek Melchin

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