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Donchian Scalper EA MT4

The Donchian Scalper EA is a fully automated Expert Advisor that trades based on the Donchian indicator. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on USDJPY using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings.

Forward testing signals - https://www.mql5.com/en/signals/author/robots4forex

Features

  • Fully automated
  • Not sensitive to spread
  • Risk Money Management
  • Always a stop loss in place
  • Hedge accounts only
  • This system has the option to be NFA/FIFO compliant
  • Optional News FIlter
  • All you need is a VPS


Input Settings

Order Settings

  • MagicOrderNumber - Unique number for the EA to identify its trades. Any integer.
  • Lots - Number of fixed lots per trade if money management is off. Values from 0.01 to 50.0.
  • Slippage - Slippage in pips. Values from 1 to 10.
  • MoneyManagement - If turned on trade lot sizes are calculated on account risk, true/false.
  • MoneyManagementRisk - Risk per trade if money management is on. Values from 0.01 to 0.1.
  • AllowNewTrades - Turn this of to disable new trades, true/false.
  • AccountProfitLock - If money management is on the EA will stop trading if the account balance drops to this fraction of the maximum account balance (0.5 = 50% of account balance). Values from 0.0 to 1.0.
  • NFA_FIFOCompliant - Turn this on if you need this to be NFA and FIFO compliant, true/false.

Entry Settings

  • TimeFrame - Timeframe drop-down selection to lock EA to a timeframe so that selection of the chart timeframe doesn't affect the EA. When testing ensure the tester timeframe is set to the same value.
  • Trend1TimeFrame - Timeframe drop-down selection for the first trend detection.
  • Trend2TimeFrame - Timeframe drop-down selection for the second trend detection.
  • MaxSpread - Maximum spread in pips that the EA will trade. Values from 1.0 to 10.0.
  • DonchianPeriod - The period used for the Donchian indicator. Values from 5 to 40.
  • TakeProfit - The take profit (Setting to 0 disables). Values from 2 to 10 depending on the pair being traded.
  • StopLoss - The fixed stop loss visible to the broker - Values 25 to 200 depending on the pair being traded.
  • Averaging - If turned on averaging is used to recover negative trades, true/false.
  • AveragingStep - The negative move in pips against the current trade to trigger the next averaging trade. Values 5 to 100.
  • AveragingMultiplier - The lot multiplier for averaging trades. Values 1.0 to 2.0.


Optimization & Defaults

Default input values are for USDJPY M5. If optimizing, optimization of DonchianPeriod, TakeProfit, StopLoss,AveragingStep and AveragingMultiplier are needed to find the best results.


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ONLY 8 COPIES OUT OF 10 LEFT AT $4274 ! After that, the price will be raised to $5342. My channel:   https://t.me/new_signals My contact:  https://t.me/paveludo North East Way EA  it is a fully automated “pullback” trading system, which is especially effective in trading on popular “ pullback ” currency pairs: AUDCAD, AUDNZD, NZDCAD. The system uses the main patterns of the Forex market in trading - the return of the price after a sharp movement in any direction. Timeframe: M15 Base currency
4 273 USD
Matrix EA
Matrix EA
Nguyen Van Tuyen
MatrixEA is a fully automatic expert built for the    EURCHF, EURAUD, USDCHF  currency pair. MatrixEA does   not use  Martingale and Grid, All Trades are covered by  StopLoss  and   TakeProfit .  MatrixEA has been tested for more than    10 years  in Strategy Tester . MatrixEA   trades in most time frames, but the suggested time frames are:  M5 , M15 **********************************************************************************************************************************************
219 USD
EA Prime Trend
EA Prime Trend
Vitali Vasilenka
Anger conquers fear p.s Thomas Shelby    LAST 1 OUT OF 10 COPIES AT  $14 9  Next price will be $249. A unique indicator for trend trading, filtering and all the necessary functions in one tool!   The intelligent algorithm of the Prime Trend indicator accurately detects the trend, filters out market noise and generates entry and exit signals. The indicator has built-in functions for setting 2 levels of take profit (for displaying the direction of the trend and calculating profit in t
149 USD
Trend Line GRID mt4
Trend Line GRID mt4
Evgenii Aksenov
This super Expert Advisor has earned more than 560% of real profit, which is confirmed by a Real signal and continues to consistently bring profit for me and its buyers! We have kept the price low and have been improving TL GRID EA f or a very long time   Today, we only have 3 copies left at the price of $240 !!! Next price $275     User's Manual:   here           Live signals:     here            Our programs :  here            Subscribe to our  Telegram This is a grid
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AW Recovery EA
AW Recovery EA
Alexander Nechaev
Advisor is a system designed to restore unprofitable positions. Simple setup, delayed launch during drawdown, locking, disabling other expert advisors, averaging with trend filtering and partial closing of a losing position built into one tool. The system of automatic calculations will prepare the settings in a few clicks. The use of partial closing of losses allows you to reduce losses with a lower deposit load, which ensures a more secure work with losses, in contrast to the grid strategies o
145 USD
Klondike EA
Klondike EA
Dmitrii Golubev
Telegram channel:  https://t.me/Successful_Forex_EA ====>  Live Signal Conservative risk:   https://www.mql5.com/en/signals/954865 ====>  Live Signal Aggressive risk: https://www.mql5.com/en/signals/1020067?source=Site+Signals+My ====>  Live Signal Real Money: https://www.mql5.com/en/signals/970517?source=Site+Signals+My ====> Best Recommended Broker: http://icmarkets.com/?camp=58357 ====> Recommended Broker: https://gobymylink.com/?cpa_partner_id=12655487
349 USD
Mr Fibonacci Robot
Mr Fibonacci Robot
Mohammadhossein Yoosefiizad
️️️️️   Mr Fibonacci Robot Mix Ichimoku And ADX ️️️️️  Best time frame M5 .  Change Lot Size to 0.01 for Martingale Mode.  Manual PDF of Robot This Is a a full feature pro version - You can enjoy free version   HERE  OR   HERE ️️️️️   Dear friends who bought our robot, please update to the new version.  ️️️️️  ️️ GOLD SET FILE HERE ️️ Test Signal HERE :    https://www.mql5.com/en/signals/1005742 New Set file for Currency pairs and GOLD HERE .Comment #15
325 USD
Trend Line PRO EA mt4
Trend Line PRO EA mt4
Evgenii Aksenov
Only 10 copies for: $175 !!! Next price will be: $199 The Expert Advisor trades on the signals of the Trend Line PRO indicator: download Orders are managed automatically. The EA has a Recovery function that increases the order size if the previous trade was closed with a loss. You can use from 1 to 3 orders at the same time. The Expert Advisor fully complies with the indicator signals and FIFO rules, does not use the grid function, which allows you to start trading with a minimum deposit
149 USD
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Bollinger Scalper EA
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The Currency Strength Breakout indicator monitors eight currencies across M1, M5, M15, M30 & H1 time frames all in the same window. Trade the strongest currency against the weakest with alerts for pullbacks giving you the opertunity to enter the trend. Features Easily see which currencies are currently trending and in which direction. Trade pullbacks with the highest probability of success. Colors are fully adjustable. How To Trade The higher time frame currency strengths are displayed on the
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Complex Chaos EA
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Wave Scalper EA
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Prospector Scalper EA
Prospector Scalper EA
WebTech Media Ltd
The Prospector Scalper EA is a fully automated Expert Advisor that scalps during high volatility periods using a hybrid lot multiplication algorithm. The EA trades using market orders and hides its decision making from the broker. This EA will work on any pair but works best on EURUSD and USDJPY on the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Forward testing signals - https://www.mql5.com/en/signals/author/robots4
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Rapid Reaper EA
Rapid Reaper EA
WebTech Media Ltd
The Rapid Reaper EA is a fully automated hybrid averaging EA that trades in sequences of lot increase and multiplication on both sides of the book. The system trades using market orders with take profits set across trade groups. This EA will work on any pair but works best on GBPUSD and USDCAD on the M5 timeframe. A VPS is advisable when trading with this EA. Check the comments for back test results and optimized settings. Forward testing signals - https://www.mql5.com/en/signals/author/robots4f
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Extreme Breakout EA
Extreme Breakout EA
WebTech Media Ltd
The Extreme Breakout EA is a fully automated multi currency Expert Advisor that trades time based breakouts and has various options to improve performance. The Extreme Breakout EA trades using pending orders and has the option to enter using market orders if required. MT4 version is here: https://www.mql5.com/en/market/product/29796 Designed for the following pairs: AUDCHF, AUDJPY, CADJPY, EURAUD, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDCHF, NZDJPY,
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RMI Scalper EA
RMI Scalper EA
WebTech Media Ltd
The RMI Scalper EA is a fully automated Expert Advisor that trades pullbacks from the major trend using RMI and limited averaging. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on USDJPY, EURUSD, GBPUSD, USDCAD, USDCHF, AUDJPY, EURCAD, EURGBP and EURJPY using the M30 timeframe and has the option to trade multiple pairs but only one pair at any one time to increase trade frequency without increasing draw down. A VPS is a
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Donchian Scalper EA
Donchian Scalper EA
WebTech Media Ltd
The Donchian Scalper EA is a fully automated Expert Advisor that trades based on the Donchian indicator. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on USDJPY using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Forward testing signals - https://www.mql5.com/en/signals/author/robots4forex Features Fully automated Not sensitive to spread
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Night Lottery EA
Night Lottery EA
WebTech Media Ltd
The Night Lottery EA is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and uses time averaging to improve performance. This EA works best on EURUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Forward testing signals - https://www.mql5.com/en/signals/author/robots4forex Features Fully automated Not sensitive to spread Risk Money Managem
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Night Scalper EA MT5
Night Scalper EA MT5
WebTech Media Ltd
The Night Scalper EA is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and uses time averaging to improve performance. This EA works best on EURUSD using the M5 timeframe, but will also work on AUDUSD, GBPUSD, NZDUSD, USDCAD, USDCHF and likely many more. A VPS is advisable when trading this system and a low spread and commission based broker is best. Check the comments for back test results and optimized settings. Forward t
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Custom EA MT5
Custom EA MT5
WebTech Media Ltd
Custom EA is a fully automated Expert Advisor customized to trade many strategies. Trade based on any indicator that uses buffers to display on the chart. Choose from many built in entry signals, filters and exit strategies to build your own strategy and optimize. Trade any pair/symbol available in MT5. Default settings are for night scalping EURUSD but do check the set files & presets link below. The EA now has presets for strategies to simplify usage, no more set files for new strategies. FEA
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Version 1.10 2019.07.09
Fixed lower account balance than StartLotBalance causing AveragingMultiplier not to function.
Version 1.9 2019.07.08
Added initialisation for new start lot balance calculations.
Version 1.8 2019.07.07
Improved StartLotBalance calculations. Added news filter.
Version 1.7 2019.01.02
Added PositionComment, CloseAllButtons, TakeProfitStaging and BreakEvenExit options.
Version 1.6 2018.10.17
Added StartLotBasedOnBalance & StartLotBalance options to allow start lot multipled by account size.
Version 1.4 2018.10.01
Added AveragingStart option which improves performance and lowers account balance requirements.
Version 1.3 2018.09.25
Added custom tick value calculation.
Version 1.2 2018.08.26
Minor bug fix.