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RoyalPrince Donchian EA

120 USD

Demo downloaded: 353

Published: 20 February 2023

Current version: 1.2

RoyalPrince Donchian EA

Experts
Richard Louis Pastor
Version: 1.2
Updated: 20 February 2023
Activations: 10

RoyalPrince Donchian EA (NO MARTINGALE, NO GRID, NO HEDGE) Opens orders based on OPEN TICK PRICE. Has many options inside

Fixed Lots, Hard Take Profit, Hard Stop Loss, TP & SL can be set by Percentage or set in Points or turned off completely.

Dynamic settings for Donchian Channel Indicator Settings ,

Trailstop with the ability to control if you want it only control buy orders or sell orders or both . also you can control by comment or magic number so that if you have other trades on the same currency pair you can then not have the trailstop manage them or manage them if you want.

The ea trades the reversal so when the bar crosses over the high point of donchian it will place a sell and when it crosses over the lowest point it will take a buy, when testing try to make sure you keep a ratio of 2:1 so that your wins are larger than your loses.

When backtest use OPEN PRICE
You must backtest using Proper Latency of Ping to your broker
Backtest using broker that you will use in demo or live account

Can be uses on any currency pair

Screenshots are from a 10 year backtest on EURUSD from 2013-2023 feb 20th using my actual ping delay to get the most accurate results.
Screenshot is also the settings i used in the backtest.
Ea works best in H1 timeframe but works with all timeframe
Optimize the ea for the best results with your broker and the pair that you choose to use.

the picture of Current Testing Settings is what i am currently testing since i did a small backtest from the start of this year. just to see how it does.

more...

teapeak 2023.04.03 13:47 #

Thanks to developer for this wonderful EA and for his infinite support. Hats off. Really profit making peace.

574

Wilhelm Alexander Rettig 2023.04.03 10:48 #

Really Good Expert Advisor. I have bought it and make my own setfiles. It works very well, got everyday nice profits. Thanks to the Author, hes very nice. Five of Five Stars

640

udayan datta 2023.03.27 15:36 #

Just bought the indicator, looks much more potential, i got immense support from the author, looking forward Thank you

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The provided MQL5 indicator offers a powerful tool for traders seeking to identify potential market trends and moving average crossovers. Tailored for timeframes like M15 and H1, the indicator showcases CrossUp and CrossDn arrows, indicating the dynamic interplay between fast and slow moving averages. A State label conveys the prevailing market sentiment—bullish or bearish. Users can fine-tune moving average parameters, including period, shift, method, and applied price, catering to diverse trad

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NO MARTINGALE, NO HEDGE, NO GRID, NO SCALP, YES TP/SL , YES Pending Order This EA takes 200-300 Trades per year Best results are on Low Spread ECN Broker TF: H1 Pair: XAUUSD Leverage: 1:100 Settings: (All settings in screenshot) mmLots= 0.1 - Fix lot setting ExitAtEndOfDay = false - enable or disable exit end of day ExitOnFriday = true - enable or disable exit on Friday FridayExitTime = 19:00 - time exit on Friday

199 USD

NO MARTINGALE NO GRID NO SCALP NO HEDGE YES TP & SL YES MM Yes Trading Times Low DD% SMALLEST ACCOUNT SIZE : $100 (must Limit trades ) TIMEFRAME : H1 Reminder, if your back-test isn't the same like mine, that is because of a few factors. Tick data not 99% and Spread is different on your broker. If you use a different broker you need to optimize the ea for your broker. if you need trailingstop you can use other EA to control this like ronz IF you lik

FREE

Basic Fibonacci Calculation Indicator shows Trend, Stoploss, Profit 1,2,3, will show you your daily Highs and your Daily Lows , it will also show you where it expects the price to move to. best time frame is H1 or higher . For a better system that also includes my Non-repaint Indicator please check out my paid Fibo Indicator https://www.mql5.com/en/market/product/82323

FREE

The Rp4000 Expert Advisor employs a highly effective strategy by utilizing the Keltner Channels Indicator to identify optimal trade entries. Keltner Channels consist of three lines - an exponential moving average (EMA) in the center, and upper and lower channels based on the average true range (ATR). When the market price breaches the upper channel, it generates a buy signal, and when it crosses below the lower channel, a sell signal is generated. This strategy is effective because it combines t

FREE

This is a simple MT4 Alert to Telegram Signal. Once a trade is placed it will send the Alert to Telegram. it will require you to make a bot in botfather. you will need to allow this website on your terminal " https://api.telegram.org/ " reminder your group or channel will need to be set to public. if you want to take a screenshot make sure you fill in the section where it says template and place your mt4 template name in that field no need for the .tpl extension.

FREE

Expert Adviser or Manual USER . This EA will automatically help you set a Hidden TP/SL it also has the ability to Lock your target amount when you have hit a target amount of Pips. It has built-in Trail Stop and Alerts if needed. Functions - TP - SL -Modes for TP/SL ( Hidden or Visual) - Locking system -Target point to enable locking -After Target point hit then this amount will be Locked (pips) - Trail stop modes ( Classic , Keep Distance, Step by Step) - Trailstop value -Trail

30 USD

Highly accurate supply and Demand indicator that gives you the exact value of where the Demand or supply ends or starts. Has built-in Alerts Has ability to change colors to whatever you want. Has special feature to automatically change when the chart crosses into a new zone or breaks free from a weak zone. Great for any Manual Trader Set your own custom alerts you can have it check the history of the chart to see how other setups of supply and demand where made in the past.

40 USD

This is a Manual Indicator to help Manual traders see the Trend Visually it allows you to fully control how the candle closes with many different options, and you can plot the path with many different options. This Indicator is best used in Timeframe: H1 or higher Close Candle Methods Close Open High Low Median Typical Weighted Close Median Body (Open+Close)/2 Average (High+Low+Open+Close)/4 Trend Biased Heiken Ashi Close Heiken Ashi Open Heiken Ashi High Heiken Ashi Low Heiken Ashi Media

35 USD

UniSystem EA is a grid EA makes trading Simple can be used on any pair Options: Risk =0.1 -------- Risk Range 0.1 to 2 (starting at 0.1 allows you to start at 0.01 lots ProfitPips =150; ----------- Profit in Pips TimeFrame =0; ----------- Timeframe set to 0 means current time frame , otherwise you can write in Minutes the time frame you want to use. TimeStart =3; ------------ Starthours of the EA TimeEnd =23; ------------- Stop Hours of the EA HowBar=1200; ----------- H

60 USD

Trender is a special TrendLine Indicator because it is combined with a NON-REPAINT Signal Settings: showBars = if showBars= 0 so the indicator will be shown for all the chart PointLevel = Point Levels; 2 = central bar will be higher (lower) then 2 bars on the left side and 2 bars on the right one. qSteps = number of steps/ no more than 3 BackStep = number of steps back startBar= if startBar=0 so we have recommendation for the current bar, if 1 - for possible next bar TrendLine= True = Trendli

40 USD

This is a Non-Repaint Reversal Indicator that will send you an Alert when the signal Appears alerts are done by Mobile, Push notification, Desktop Notification, Email Notifications The indicator can be used on all Time Frames A reversal non-repaint indicator arrow is a technical analysis tool used to identify potential trend reversals in financial markets. The arrow represents a signal that traders can use to enter or exit positions based on the direction of the arrow. The term "non-repaint" m

40 USD

The valley and peak indicator strategy used in forex is a technical analysis approach that aims to identify potential trend reversals in the market. The strategy is based on identifying peaks and valleys in the price chart, which are points where the price reaches a high or low and then reverses direction. The valley and peak indicator is a tool that helps traders identify these patterns and generate buy and sell signals based on them. Here are the key steps involved in using the valley and pea

35 USD

Expert Adviser or Manual USER . This EA will automatically help you set a Hidden TP/SL it also has the ability to LockProfit when you have hit a target amount of Pips. It has built-in TrailStop and Alerts if needed. Functions - Take profit - Stop loss -Modes for TP/SL ( Hidden or Visual) - ProfitLock system -Target point to enable lock profit -After Target point hit then this amount will be Locked (pips) - Trail stop modes ( Classic , Keep Distance, Step by Step) - Trailstop value -T

30 USD

The new Royal Prince Master Non-Repaint Indicator MT5 has two control points ? What does this mean it allows you to use two different indicators to cross to see to find your signals, those two indicators also can be customized just like if you were to load them individually on a chart. Want to see the indicator in action check the youtube video. ALSO IT HAS ALERTS !!!!! List of Different indicators to choose from : 1) Moving Average 2) Moving Average Convergence/Divergence 3) O

50 USD

No Martingale, No Hedge, No Grid, Powered by RSI and Moving average. it has the ability to detect a reverse signal and if you use the option to close trades by opposite signal it will close the last trade and open the reversal signal (don't use with trailstop ). WHEN BACKTESTING USE OPEN PRICE ONLY SINCE EA only Works with OPENPRICE you have the option to put in Lotsize, amount of money or risk percentage for your money management. Backtest to find the best settings, it is advised th

120 USD

A very simple and logic way of thinking about a Grid System EA, it is designed to work on all different pairs , metals, crypto. works best in H1 time frame. Import to remember on a Grid Style EA don't set your maximum amount of lots to high and use proper management. If you want to disable max Lots all you have to do is put "0" . OPTIMIZE WITH 100% Tick Data from your broker if you do not have 100% Modeling Quality then please download your data from tickstory make sure to optimi

120 USD

Bollinger Bands is a popular technical analysis tool used by many traders in the Forex market. It was created by John Bollinger, and it consists of three lines that are plotted on a price chart. The middle line is a simple moving average, typically of 20 periods, and it represents the trend direction. The upper and lower bands are two standard deviations away from the middle line, and they represent the volatility of the asset being traded. What makes Bollinger Bands a powerful tool is its abili

120 USD

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teapeak 2023.04.03 13:47 #

Thanks to developer for this wonderful EA and for his infinite support. Hats off. Really profit making peace.

574

Wilhelm Alexander Rettig 2023.04.03 10:48 #

Really Good Expert Advisor. I have bought it and make my own setfiles. It works very well, got everyday nice profits. Thanks to the Author, hes very nice. Five of Five Stars

640

udayan datta 2023.03.27 15:36 #

Just bought the indicator, looks much more potential, i got immense support from the author, looking forward Thank you

Version 1.2 2023.02.20

updated text in the code

RoyalPrince Donchian EA

When backtest use OPEN PRICE You must backtest using Proper Latency of Ping to your broker Backtest using broker that you will use in demo or live account

When backtest use OPEN PRICE
You must backtest using Proper Latency of Ping to your broker
Backtest using broker that you will use in demo or live account