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Donchian Channels EA MT4

30 USD

Demo downloaded: 17

Published: 8 November 2024

Current version: 10.0

Donchian Channels EA MT4

Experts
Biswarup Banerjee
Version: 10.0
Updated: 2 July 2025
Activations: 20

Donchian Channel Strategy EA MT4 is an advanced tool designed exclusively for MetaTrader 4, streamlining trading by leveraging the Donchian Channels indicator to automate trade entries and exits based on overbought and oversold conditions. The EA supports reverse trading setups within these zones, offering versatility in trade management. Extensively back-tested, it provides precise entry methods, flexible exit rules, and advanced risk management, consuming minimal system resources for efficient trade execution.

The system includes day/time filters for session control and supports historical data testing for performance validation. A real-time dashboard displays open trades, account equity, and system metrics, while intuitive input menus simplify configuration. Detailed documentation is provided for all settings.

For detailed documentation: General Settings/Input Guide | Backtests and Set Files

You can download the MT5 version here: Donchian Channel Strategy EA MT5

Key Features:

Donchian Channels trading system with customizable parameters (period, breakout levels)
Supports multiple timeframes for flexible trading
Multiple risk management options: Stop-Loss, Take-Profit, trailing stops
Advanced position sizing and drawdown protection
Time/day filters for controlled trading sessions
Real-time monitoring dashboard
Pop-up, email, and push notifications
MQL5 VPS compatible for 24/7 operation

Note: The Donchian Channel Strategy EA MT4 is an essential tool for traders using Donchian Channels-based strategies, offering actionable insights and a user-friendly interface. It is designed to execute trades based on configured strategies but does not guarantee profits.

Important Advice:
This is a professional trading tool, not a guaranteed profit system. Expect normal market fluctuations:

Always test in a demo account first
Start with small risk (0.5-1% per trade)
Use only the capital you can afford to lose
Regular updates and optimized set files are released quarterly. For the latest recommendations, check the MQL5 Blog in the documentation section above.

Check all my products: https://www.mql5.com/en/users/biswait50/seller

Contact me for support: https://www.mql5.com/en/users/biswait50

Interested in a free 7-day trial? Feel free to reach out to me via my profile section.

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Multi Indicator Strategy EA MT4 is a sophisticated MetaTrader 4 trading tool designed to automate trade entries and exits using nine technical indicators: ADX, Bollinger Bands, CCI, MACD, Moving Average, RSI, Stochastic, Awesome Oscillator, and RVI. Offering extensive customization with multiple entry/exit strategies and AND/OR/NA combination modes, this EA provides traders with unparalleled flexibility. Extensively back-tested, it ensures precise signal generation, robust risk management, and

40 USD

Enhance your hedging strategy with the Hedge Trade Manager MT5, a sophisticated free utility EA tailored for automating hedge trades to counter adverse moves, rooted in the hedging techniques popularized in the 2010s by forex brokers allowing opposite positions to lock in profits or limit losses during uncertain trends. Highly regarded on MQL5 and trading forums for its flexible configurations and risk safeguards, this tool is favored by scalpers and swing traders in volatile markets like forex

RSI Strategy EA MT5 is an advanced automated trading tool designed for MetaTrader 5, leveraging the Relative Strength Index (RSI) indicator to automate trade entries and exits based on overbought and oversold conditions. The EA supports reverse trading setups within these zones, offering a versatile approach to trade management. Extensively back-tested, it provides precise entry methods, flexible exit rules, and minimal system resource consumption for efficient trading. The system includes day/

45 USD

Super Trend Alert Indicator for MT4 is a powerful tool designed to help traders identify and follow market trends with precision. This indicator uses a proprietary algorithm to analyze price movements and provide clear trend signals, making it suitable for traders across all experience levels. You can find the MT5 version here You can find the MT5 version here SuperTrend Multicurrency Scanner MT5 Download the Expert Advisor Supertrend Strategy EA MT5 Key features of the Super Trend Indic

Elevate your trading precision with the Candlestick Pattern Alert MT4 indicator, a powerful tool designed to swiftly detect key candlestick patterns and deliver real-time alerts, empowering traders to act on high-probability setups. Rooted in the principles of Japanese candlestick charting, pioneered by Steve Nison in the 1990s, this indicator is a favorite among forex, crypto, and stock traders for its ability to decode market sentiment through patterns like Hammer, Doji, or Engulfing. It strea

Product Name: Trailing Stop and Breakeven Management EA Description: This EA (Expert Advisor) is designed to set trailing stops and breakeven levels for trades based on input parameters and a magic number in MT5. It can be used to manage trades placed manually or by any other EA. The EA allows customization of various settings to suit your trading strategy. General Settings: Enable Magic Number (ENABLE_MAGIC_NUMBER): Enable to use a magic number for trades. Set to false for manual trades. Magic

Commodity Channel Index (CCI) Strategy EA MT5 implements a robust CCI-based trading strategy, extensively back-tested for precise entry and exit decisions across various market conditions. The EA offers comprehensive trading capabilities, including optional grid recovery, hedging, and martingale strategies (configurable, not enabled by default). It features multiple entry methods (breakouts, reversals, trend-following), flexible exit rules (indicator-based, time-based, or profit-based), and adv

40 USD

Introducing the Consecutive Green/Red Candle Alert Indicator for MT5 - Your Trend Spotting Companion! Are you ready to take your trading to the next level? We present the Consecutive Green/Red Candle Alert Indicator, a powerful tool designed to help you spot trends and potential reversals with ease. Whether you're a new trader looking for clarity in the market or an experienced pro seeking additional confirmation, this indicator is your trusted companion. Key Features of the Consecutive Green

Double top and bottom indicator is a pattern scanning indicator which scans the tops and bottoms using zig zag pattern. When it find price bouncing back from the same point twice after a long trend then it generate arrow signals whenever the last resistance points is broken for double bottom and last support price broken for double top. Unlike other top bottom scanner it does not give only 1 signal. it alerts user when ever the last support /resistance is broker from double top/bottom pattern un

The MT4 indicator that we are describing is designed to provide traders with an alert, notification, and email when Fibonacci levels are crossed. The Fibonacci levels are calculated based on the zigzag indicator, which helps to identify potential trend reversals in the market. When the indicator detects that a price has crossed a Fibonacci level, it will trigger an alert and send a notification to the trader's MT4 mobile app. Additionally, the indicator can be configured to send an email to the

ADX Multicurrency Scanner Dashboard MT5 is a powerful trading tool designed for traders who want to monitor multiple currency pairs and timeframes simultaneously using the Average Directional Index (ADX). It simplifies the process of tracking market trends, identifying confluence signals, and receiving real-time alerts, making it an indispensable asset for ADX-based trading strategies. The dashboard organizes signals in an intuitive grid format, displaying each symbol’s status across timeframes

30 USD

Elevate your trading precision with the GG TrendBar Indicator MT5 , a multi-timeframe powerhouse leveraging ADX and Parabolic SAR to deliver consolidated trend signals across up to 9 timeframes. Emerging from advanced trend analysis concepts popularized in the early 2010s on platforms like Forex Factory and MQL5, this indicator has gained favor for its ability to filter noise by requiring alignment across selected TFs, often outperforming single-TF indicators in volatile markets. Non-repainting

30 USD

Elevate your trading strategy with the Keltner Channel Indicator MT5 , a timeless volatility tool inspired by Chester Keltner's 1960s innovation, combining Exponential Moving Averages with Average True Range for dynamic price bands. Celebrated in trading circles since its revival in the digital age, this indicator has surged in popularity on platforms like TradingView and MQL5 for its reliability in spotting breakouts and trend reversals, often preferred over Bollinger Bands for its smoother, A

30 USD

MT4 Local Trade Copier Pro is a MetaTrader 4 Expert Advisor designed to copy trades from a source MT4 or MT5 account to multiple MT4 or MT5 accounts on the same PC. This utility is ideal for replicating trades across client accounts or portfolios with customizable parameters, including lot sizes, stop-loss/take-profit, and reverse copying options. It streamlines trade management without executing trades based on market logic, offering flexible synchronization for diverse trading needs. Note : D

30 USD

Ultimate Trade Panel MT4 is a powerful MetaTrader 4 Expert Advisor designed to streamline trading activities and enhance efficiency for traders on the MQL4 platform. This utility simplifies day-to-day trading tasks with user-friendly features, serving as a reliable companion for managing trades without relying on specific trading logic. Tailored for traders seeking a competitive edge, it offers automation and risk management tools to optimize your trading experience. Note : Download and test th

30 USD

Ultimate Trade Panel MT5 is a powerful MetaTrader 5 Expert Advisor designed to streamline trading activities and enhance efficiency for traders on the MQL5 platform. This utility simplifies day-to-day trading tasks with user-friendly features, serving as a reliable companion for managing trades without relying on specific trading logic. Tailored for traders seeking a competitive edge, it offers automation and risk management tools to optimize your trading experience. Note : Download and test th

30 USD

Day and Week separator is a very simple tool to show day and week separator lines from a specific time mentioned in the input. This is specially helpful for the trades who has time zone differences in their broker terminal. Let us take an example If user know that at 7:00 in the chart his local time 00:00 then he will simply put 7:00 in the input . Separator lines will starts drawing from current day's 7:00 There is also a bold line for weekly separator

Close Manager EA for MetaTrader 5 Introduction: Welcome to the Close Manager EA, an essential tool designed exclusively for MetaTrader 5. This expert advisor has been meticulously crafted to streamline and enhance the trade closure process. Whether trades are initiated manually or by other EAs, this tool offers a diverse range of customizable criteria, empowering traders with enhanced control over their trade exits. You can find the MT4 version here Key Features: Logs Capture (SHOW_LOGS): Enable

Account Trailing Stop Manager MT5 Description: The "Account Trailing Stop Manager MT5" EA is designed to automatically calculate and remember the profit of the entire account or specific magic number, and trail it like a trailing stop loss. When the current profit becomes lower than the last saved profit, it will close all trades. This EA provides a convenient way to manage trailing stops for your account. For detailed documentation Overall Settings/Input Guide High Level Overview of Feature

Volume Oscilator is a popular indicator available in trading view which is very popular among traders Definition The Volume Oscillator is an indicator made up of two Moving Averages (MA) surrounding volume, one being fast and the other slow. The slow volume MA value is then subtracted from the value of the fastlow Moving Average. The Volume Oscillator measures volume by analyzing the relationship between the two Moving Averages mentioned. When combined with other indicators it provides a very st

This is a basic indicator which is very useful for professional traders. The idea is to track every X pip movement in any symbol. It is a multicurrency indicator. So it will track the pip movements in all specified symbols. When there is absolute pip value price will appear (e.g 1.178500, 1.178600, 1.178700 ) it will signal the user in alert, mobile app and notification This pip step is configurable. This will help identify sudden movement in market as there will be lots of signals at that time

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