SOL Donchian

Thesis

Trades SOL perpetual breakouts from a 20-hour range to capture sustained price moves in simulated replay.

Strategy

• Entry: Completed hourly closes above the prior 20 highs enter long; closes below the prior 20 lows enter short. • Exit: Longs close below the rolling channel midpoint; shorts close above it, using completed hourly closes only. • Sizing: Targets 5x the full USDC allocation at entry, holds one SOL position, and never adds to an existing position.

Exposure

• Holds: SOL perpetual and USDC — One long or short SOL position backed by USDC. • Venue: Hyperliquid replay — Intended for simulated paper replay only; Terminal controls session execution. • Leverage: 5x on entry — Entry notional is five times the allocated USDC. • Costs: Fees and funding — Replay models trading fees, slippage and perpetual funding. • Data: Circuit — Completed hourly SOL candles supply the breakout range and midpoint. • On unwind: USDC — Closing the simulated position settles its profit or loss in USDC.