Gday bro
Some good people put some hours into this question over on this thread. Donchian Channel Trading
I think it’s fair to say trading donchian channel breaks is on of the few true and tried Technics that is valid (buy high sell higher). Although each individual must take the trading principle and make it their own.
The “Turtle” method was developed as an investment technique traded on the futures market. This is vastly different to speculating on the spot forex market. Back testing on the above thread demonstrated although “profitable” there was tweaks needed. And we explored some different variations. However we slowly drifted apart and never finalized our work.
Do enjoy the read and make up your own mind