TheTurtleTrader

Introducing the Turtle Traders Donchian Channel EA – an advanced trading system inspired by the legendary Turtle Traders of the early 1980s, designed to bring authentic and diverse results to your trading portfolio.

Core Strategy:
This EA leverages a proven breakout strategy by trading on the highest high or lowest low over a defined period. Whether you prefer quick scalping trades or long holdings during the day, this system adapts to fit your trading style.

Dynamic Trade Customization:

  • Directional Control: Tailor your strategy by giving more weight to one trading direction, adjusting the bars used to calculate either the highest high or lowest low on one side only.
  • Flexible Risk Management: Choose to set risk per trade to a fixed pip amount or as a percentage of your account balance, allowing your trade size to grow as your balance increases.
  • Profit Lock-In: Secure your profits with a trailing stop loss feature, helping you capture gains as trades move favorably.

Optimal Timing:
With fully customizable trading hours, you can align your activity with the most liquid market times for each symbol, enhancing your potential for success.


Versatile Symbol Compatibility:
This EA is engineered to work across multiple markets, including forex, indices, and commodities, making it a powerful addition to any diversified trading portfolio.


Transparency and Reliability:
Unlike systems based on risky martingale or grid strategies, this EA delivers real, practical results designed to stand the test of time.



Description of the Inputs for Turtle Traders Donchian Channel EA

  1. MagicNumber: A unique identifier for your EA on the chart, allowing it to manage its own trades separately from other EAs.

  2. LotSizingMode: Choose between:

    • Fixed: Set a fixed lot size for each trade.
    • RiskBased: Allocate a percentage of your account balance as the risk per trade.
  3. FixedLotSize: Used if Fixed mode is selected in LotSizingMode. This will be the consistent lot size for each trade.

  4. RiskPercentage: Used if RiskBased mode is selected in LotSizingMode. Enter the percentage of your account balance to risk per trade (e.g., 1.0 means 1%).

  5. LotStandard: Defines the unit size per lot, depending on your broker's specifications. Options include:

    • Unit_100k: One lot equals 100,000 units.
    • Index: One lot equals one Index value.
    • Tenth_Index: One lot equals 0.1 Index value.
    • Custom: Customize the lot size based on your preference.
  6. CustomLotSize: If Custom is chosen under LotStandard, enter your custom lot size here.

  7. LotDigits: Specify the number of decimal places for lot sizing, based on your broker’s requirements.

  8. MaxSpread: Set the maximum allowable spread (in points) for trades to be executed. Trades won’t trigger if the spread is higher, useful for avoiding high spreads during off-market hours or holidays.

  9. Slippage: Define the maximum tolerable slippage (price difference) for trade execution.

  10. UpperChannelPeriod: The number of past bars (including the current bar) used to calculate the upper channel’s highest high.

  11. LowerChannelPeriod: The number of past bars (including the current bar) used to calculate the lower channel’s lowest low.

  12. TakeProfit: Set your Take Profit level in pips. If set to 0, there’s no Take Profit, and trades will close based on other exit criteria.

  13. StopLoss: Set your Stop Loss level in pips. If set to 0, there’s no Stop Loss, and trades will close based on other exit criteria.

  14. TradeStartHour: The hour of the day when the EA is allowed to start trading if a signal is triggered.

  15. TradeStartMinute: The minute of the hour when the EA is allowed to start trading if a signal is triggered.

  16. TradeEndHour: The hour of the day when the EA should close all open trades.

  17. TradeEndMinute: The minute of the hour when the EA should close all open trades.

  18. TradingDayStart: Select the starting day of the week for the EA to begin trading (1=Monday, 2=Tuesday, ..., 7=Sunday).

  19. TradingDayEnd: Select the ending day of the week for the EA to stop trading.

  20. EnableTrailingStop: Set to true if you wish to enable a trailing stop for protecting profits; set to false to only use a fixed stop.

  21. TrailingStopDistance: If trailing stop is enabled, set the trailing stop distance in pips to automatically adjust as profits are secured.

These inputs provide complete flexibility to customize your Turtle Traders Donchian Channel EA, ensuring it aligns with your risk tolerance, trade timing, and overall strategy preferences.

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Stanislav Tomilov
4.6 (20)
Aura Black Edition è un EA completamente automatizzato progettato per negoziare solo ORO. L'esperto ha mostrato risultati stabili su XAUUSD nel periodo 2011-2020. Non sono stati utilizzati metodi pericolosi di gestione del denaro, nessuna martingala, nessuna griglia o scalping. Adatto a qualsiasi condizione di brokeraggio. EA addestrato con un perceptron multistrato La rete neurale (MLP) è una classe di rete neurale artificiale (ANN) feedforward. Il termine MLP è usato in modo ambiguo, a volte l
EA Gold Algo
Mohamed Hassan
4.33 (3)
EA Gold Algo is a professional Expert Advisor specifically designed for Gold (XAUUSD) trading. It is engineered to capture extremely fast price movements  that occur when price escapes key structural zones with momentum. Gold is known for sharp expansions and aggressive volatility. EA Gold Algo is built to operate in these conditions with high-precision execution, strict risk control, and fast reaction speed . The EA does not use grid or martingale techniques . Each trade is executed independe
Quantum Dark Gold
Nguyen Hang Hai Ha
3.33 (9)
Quantum strategy is a combination of quantum superposition and trading signal model. EA Quantum Dark Gold determines Buy and Sell positions simultaneously for each signal and simultaneously places 2 orders Buy Stop and Sell Stop. Then the momentum determines which order position is executed and cancels the remaining pending order. This interesting idea forms the Quantum Dark Gold with a unique entry method. Open positions are then managed by Trailing, Stop Loss and position balancing strategies
AI Forex Robot MT4
MQL TOOLS SL
4.29 (17)
AI   Forex Robot - The Future of Automated Trading. AI Forex Robot is powered by a next-generation   Artificial Intelligence   system based on a hybrid LSTM Transformer neural network, specifically designed for analyzing XAUUSD, EURUSD   and BTCUSD price movements on the Forex market. The system analyzes complex market structures, adapts its strategy in   real time   and makes data-driven decisions with a high level of precision. AI Forex Robot is a modern, fully automated system powered by   ar
EA Gold Stuff
Vasiliy Strukov
4.7 (1084)
EA Gold Stuff è un Expert Advisor progettato specificamente per il trading di oro. L'operazione si basa sull'apertura degli ordini utilizzando l'indicatore Gold Stuff, quindi l'EA lavora secondo la strategia "Trend Follow", che significa seguire la tendenza. I risultati in tempo reale possono essere visualizzati qui.  Puoi ottenere una copia gratuita del nostro indicatore Strong Support e Trend Scanner, per favore scrivi in ​​privato. M Contattami subito dopo l'acquisto per avere le impostazio
HFT Prop Firm EA
Dilwyn Tng
4.96 (632)
HFT Prop Firm EA, noto anche come Green Man per via del suo logo distintivo, è un Expert Advisor (EA) progettato specificamente per superare le sfide o le valutazioni delle società di trading proprietarie (prop firms) che consentono strategie di trading ad alta frequenza (HFT). Per un periodo limitato: utilità gratuite del valore di $198 quando acquisti HFT Prop Firm EA Versione MT5: https://www.mql5.com/en/market/product/117386 Monitoraggio delle prestazioni della sfida HFT (a partire da $200):
Mon Scalper MT4
Xuan Bach Nguyen
Mon Scalper - Dual-Trendline Breakout Scalping Expert Mon Scalper is a specialized Expert Advisor designed exclusively for gold (XAUUSD) trading. It utilizes a unique dual-trendline strategy to identify strong trends and breakout points, executing trades automatically based on market conditions. Join My MQL5 Channel for the Latest Updates! Real-Time Signal :  https://www.mql5.com/en/signals/2361936 Pricing : Launch Price : $199 Incremental Price Increase : The price will increase by $100 after
Javier Gold Scalper V2
Felipe Jose Costa Pereira
5 (4)
Javier Gold Scalper: La nostra tecnologia al tuo fianco! Manuale e file di configurazione: contattami dopo l'acquisto per ricevere il manuale e i file di configurazione. Prezzo: il prezzo aumenta in base al numero di licenze vendute. Copie disponibili: 5 Fare trading sull'oro, uno degli asset più volatili del mercato finanziario, richiede elevata precisione, un'analisi accurata e una gestione del rischio estremamente efficace. Il Javier Gold Scalper è stato sviluppato proprio per integrare ques
Real monitoring :  XAUUSD__BTCUSD__ M30__SL3 Real monitoring :  XAUUSD M30 SL2 For more information, please contact us via private message or in   the mql5 group. THERE   ARE   ONLY  2   OUT   OF   10   COPIES   LEFT   AT   A   PRICE   OF  450   USD ! AFTER   THAT , THE   PRICE   WILL   BE   INCREASED   TO  649   USD . Imagine that you have an experienced trader who monitors the market every day, waits for the price to break through an important level, and instantly opens a deal. That's exactl
Forex GOLD Investor
Lachezar Krastev
4.46 (50)
WINTER SALE — FINAL DAYS! Get Forex GOLD Investor with a huge –60% discount AND receive News Scope EA PRO as a FREE BONUS ! Special Winter Price: $217 (Regular Price: $547 — You Save $330!) FREE BONUS: News Scope EA PRO A powerful multi-symbol strategy packed with advanced features, supporting 5 trading pairs — real value: $397! After completing your purchase, simply contact me and I will send you your BONUS EA immediately. Don’t miss this once-a-year opportunity! Live Results: https://www.m
Trend AI EA
Ramil Minniakhmetov
4.22 (54)
L'EA Trend Ai è progettato per funzionare con l'indicatore Trend Ai, che eseguirà la propria analisi di mercato combinando l'identificazione del trend con punti di ingresso e avvisi di inversione attivabili, e acquisirà tutti i segnali dell'indicatore in modo completamente automatico! L'EA contiene una serie di parametri esterni completamente regolabili che consentono al trader di personalizzare l'expert in base alle proprie preferenze. Non appena appare il punto verde, l'EA si preparerà per u
Vortex Turbo EA MT4
Stanislav Tomilov
5 (9)
Vortex Turbo — “Scambia la tempesta, controlla il Vortice” Vortex Turbo rappresenta la prossima fase evolutiva del trading intelligente: uno sviluppo unico che unisce un'architettura di intelligenza artificiale all'avanguardia, una logica di mercato adattiva e un controllo preciso del rischio. Basato su comprovati principi algoritmici, integra molteplici strategie in un ecosistema unificato ad alta velocità, alimentato da un nuovo livello di intelligenza predittiva. Progettato come esperto di s
XG Gold Robot MT4
MQL TOOLS SL
4.3 (37)
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
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TheTurteTrader
Florian Brauhart
This is the Indicator is free to use and based on my "TheTurtleTrader" EA. Introducing the   Turtle Traders Donchian Channel Indicator   – inspired by an advanced trading system by the legendary Turtle Traders of the early 1980s, designed to bring authentic and diverse strategies to your trading portfolio. Core Strategy: This Indicator leverages a proven breakout strategy by displaying the highest high or lowest low over a defined period. Whether you prefer quick scalping trades or long holdin
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