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Donchian Scalper EA MT4

5

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.

Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentrate on Custom EA. If you wish to use this EA it will need optimising, and if you feel like sharing your settings please do so in the comments.
View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1
Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?orderby=gain

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.

Comentarios 2
Andurilfinance
29
Andurilfinance 2024.01.25 07:45 
 

Extremely Effective EA. The Martingale aspect is a little risky, however it does work well.

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Trade Fusion MT4
Tajammul Hussain
5 (1)
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Boring Pips MT4
Thi Thu Ha Hoang
5 (12)
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Ramil Minniakhmetov
4.79 (485)
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Forex GOLD Investor
Lachezar Krastev
4.48 (29)
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FXMachine
Alexander Kozachuk
4.73 (11)
Estadísticas de una cuenta real desde 2020 Backtest de los últimos 13 años Estrategia de baja reducción Algoritmo multidivisa Compatible con cualquier corredor Sistema de control de reducción probado Operando en una cuenta real desde 2020 : Haga clic aquí Operando en USDCAD, EURGBP, GBPUSD, EURUSD: Haga clic aquí Negociación en EURGBP: Haga clic aquí Operando en GBPUSD: Haga clic aquí Pruebas retrospectivas completas de FXMachine EA disponibles para descargar aquí: Haga clic a
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Vasiliy Strukov
3 (2)
Grizzly analiza con precisión la acción del precio y los niveles de soporte y resistencia para detectar posibles regiones de ruptura. Luego, el EA navegará por las rupturas con precisión y es altamente personalizable utilizando un stoploss dinámico y una toma de ganancias dinámica para minimizar el riesgo y maximizar el potencial de cada operación. Esta función hace que el EA sea ideal para comerciantes de empresas de apoyo. También hay configuraciones que permiten al comerciante usar una estrat
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Dark Algo
Marco Solito
4.76 (54)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market trends .
Smart Funded Hft
Barbaros Bulent Kortarla
5 (50)
Smart Funded EA es un asesor experto diseñado para pasar los desafíos HFT de firmas prop que permiten su uso. ¿Qué firmas prop HFT puedo usar? Ha sido probado en casi todos los desafíos HFT de firmas prop con un 100 % de tasa de éxito, como Kortana Fx, Nova Funding, Fast Forex Funds, Infinity Forex Funds, Quantec Trading Capital, Next Step Funded, Msolutionff, Genesis Forex Funds, The Talented Traders, Only Funds, Tradicave y todos los demás desafíos MT4 permitidos por HFT. ¿Qué firma prop HFT
Dragon Multi EA MT4
Mansour Babasafary
4.71 (17)
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Diamond PRO
Fanur Galamov
5 (9)
Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an advanced position management algorithm. Main goal of Diamond PRO
Live signal : TrendMaster FX The MT5 version : TrendMaster FX MT 5 Actualmente tenemos una promoción de prueba para nuestro EA. Después de la compra, contáctenos para obtener acceso a "Gold Garden" o "AI TradingVision GPX". Para más detalles, por favor contáctenos. Pares de divisas recomendados: GBP/USD (GBPUSD) USD/CAD (USDCAD) EUR/USD (EURUSD) AUD/USD (AUDUSD) USD/CHF (USDCHF) Nota Especial :   Currently recommended :GBPUSD, AUDUSD, EURUSD Configuración de riesgo: Para los comerciantes agresi
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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. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?orderby=gain Designed for USDJPY. Features Fully automated Not sensitive
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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. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?orderby=gain Designed for USDJPY. Features Fully automated Not sensitive
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. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring Signals - https://www.mql5.com/en/signals/author/r
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. View More
Automated trading system designed to be customized to specification to create unique trading strategies. Custom EA is suitable for beginners to experienced traders, start trading using built in preset strategies or start creating your own. Updates and optimizations will be made on an ongoing basis and will be available to the buyer. Any questions or support required please message me. Limited time special offer, review Custom EA and get an EvoAI 1 year licence! FEATURES Fully automated Fully
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agrushev777
2329
agrushev777 2024.02.19 19:15 
 

El usuario no ha dejado ningún comentario para su valoración

Andurilfinance
29
Andurilfinance 2024.01.25 07:45 
 

Extremely Effective EA. The Martingale aspect is a little risky, however it does work well.

Respuesta al comentario
Versión 1.10 2019.07.09
Fixed lower account balance than StartLotBalance causing AveragingMultiplier not to function.
Versión 1.9 2019.07.08
Added initialisation for new start lot balance calculations.
Versión 1.8 2019.07.07
Improved StartLotBalance calculations. Added news filter.
Versión 1.7 2019.01.02
Added PositionComment, CloseAllButtons, TakeProfitStaging and BreakEvenExit options.
Versión 1.6 2018.10.17
Added StartLotBasedOnBalance & StartLotBalance options to allow start lot multipled by account size.
Versión 1.4 2018.10.01
Added AveragingStart option which improves performance and lowers account balance requirements.
Versión 1.3 2018.09.25
Added custom tick value calculation.
Versión 1.2 2018.08.26
Minor bug fix.