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"Donchain Channel" EA Trades when there is a retracement from "DONCHAIN CHANNEL" levels has Trailing Stop Loss &Take Profit works on all time frames major forex pairs and stocks NASDAQ.

  • Try it on demo first.
  • It is possible to activate a hedge fund protocol for low drawdown
  • If you do not want to trade with increasing lot size when you lose  a trade set:"IncreaseFactor=0"

Inputs


  • ==================Game Theory==========================
  • Enable Game Theory Risk Management (values:true/false).
  • Game Theory: Expected Win Rate (values:0.1-0.6).
  • Game Theory: Reward/Risk Ratio (values: 1.5-3).
  • Game Theory: Safety Multiplier (values:0.1-0.6).
  • ==================HEDGE FUND PROTOCOL==========================
  • HEDGE FUND PROTOCOL -Enabale Draw dwon control (values:true/false).
  • Close basket at +0.10% MIN_PROFIT_PERCENT (values:0.1-0.6).
  • Close basket at -0.50% MAX_LOSS_PERCENT (values: 0.5-0.8).
  • HEDGE FUND PROTOCOL_SLIPPAGE (values: 10-50).
  • =================================================================
  • Use_TP_In_Money- Use Take Profit In Money (values:true/false).
  •  TP_In_Money- Take Profit In Money   (values: 10-100).
  • ------------[Money Trailing Stop For Multiple Trades]----------------------
  • Enable_Trailing-Enable_Trailing with money  (values:true/false).
  • Take Profit In Money (in current currency) (values: 25-200).
  • Stop Loss In Money(in current currency) (values: 1-20).
  • Loss Index (values: 1.1-2).
  • --------------------------------------------------------------------------------------
  • BarsToCount= Bars To Count  (values: 1-20).
  • Lots - Lots size (values: 0.01-1).
  • Lots size Exponent  (values: 1.01-2).
  • CandlesToRetrace=Num.Of Candles For Divergence (values: 1-20).
  • IncreaseFactor -how much to increase lots from total margin if you lose a trade (values: 0.001-0.1).
  • Stop_Loss - Stop Loss (values: 30-500). /set value 600 for  Multiple Trades 
  • MagicNumber - Magic number (values: 1-100000).
  • TakeProfit - Take Profit (values: 50-200). /set value 600 for  Multiple Trades 
  • FastMA - Fast Moving Average (values: 1-20).
  • SlowMA - Slow Moving Average (values: 50-200).
  • ---------------------CONTROL DRAW DOWN-----------------------------
  • UseEquityStop -  (values: true).
  • TotalEquityRisk- (values: 0.01-30).
  • -----------------------------------------------------------------------------
  • Max_Trades(1-12). 
  • IF YOU USE ONLY 1 TRADE:
  • //////////////////////////////////////////////////
  • USETRAILINGSTOP-If use trailing stop (values:true/false).
  • WHENTOTRAIL-When to trail (values: 40-100).
  • TRAILAMOUNT-Trail amount (values: 40-100).
  • Distance From Candle -Distance From Candle (values: 1-100).
  • USECANDELTRAIL=If use candle  trailing stop (values:true/false).
  • X=2-number of candles (values: 1-100).
  • Enable "Break Even" -(values:true/false).
  • When move "Break Even"- (values: 5-30).
  • How much pips move- "Break Even" (values:5-30).

        -You should optimize this EA every few months and use the exact same  inputs from above .
        -You can use it as  hedging grid EA or a single trade EA.
        -How to perform back test:https://bit.ly/2CD7XWD


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