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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Trust EA   is a real trader's tool, working on a clear principle, with its advantages and disadvantages, so it will not suit everyone, but for some users it can become the best trading robot. * Limited special offer - 50% off the full price of the product. Only 5 copies at this price. The final price is 997$ * Discuss the complexities of Forex trading here:  chat "Age of Expert Advisors" . Logic I have been working with algorithmic trading systems since 2015, and in my experience, systems with
One Gold MT4
Stanislav Tomilov
4.6 (15)
Presentazione di One Gold EA, un sofisticato robot di trading per l'oro sulla piattaforma Meta Trader, sviluppato per assistere i trader con analisi di mercato avanzate. La nostra tecnologia proprietaria sfrutta reti neurali e algoritmi basati sui dati per analizzare i dati storici e in tempo reale del mercato dell'oro, fornendo informazioni che possono aiutare nel processo decisionale. A differenza delle tradizionali strategie manuali, One Gold EA opera con un intervento minimo, semplificando i
SuperNova HFT, un EA di trading progettato per operare in High-Frequency Trading (HFT), valutazioni e sfide impostate dalle società di trading proprietarie (prop firms). Dopo aver acquistato l'EA una volta, puoi poi usarlo un numero illimitato di volte per superare le sfide di oltre 10 supporti HFT Pro Firms. IN OFFERTA A $99 PER UN TEMPO LIMITATO SuperNova HFT può raggiungere gli obiettivi delle sfide in un lasso di tempo molto breve. SuperNova HFT è specializzato in mercati ad alta volatil
Gold Pulse EA è un Expert Advisor multi-strategia che combina tre sistemi di trading in un unico framework strutturato e disciplinato. Progettato specificamente per l'oro (XAUUSD), si adatta alle diverse condizioni di mercato utilizzando un mix di swing trading intraday, esecuzione a sessione e strategie di range giornaliero. Questo crea un approccio di trading automatizzato più equilibrato e coerente, senza dipendere da un'unica configurazione. Realizzato con la semplicità in mente, Gold Puls
Night Hunter Pro
Valeriia Mishchenko
4.38 (53)
EA has a  live track record  with many months of stable trading with  low drawdown : All Pairs 9 Pairs Night Hunter Pro is the advanced scalping system which utilizes smart entry/exit algorithms with sophisticated filtering methods to identify only the safest entry points during calm periods of the market. This system is focused on a long-term stable growth . It is a professional tool developed by me years ago that is constantly updated, incorporating all the latest innovations in the trading a
Aussie Loonie EA MT4
MQL TOOLS SL
5 (2)
Aussie Loonie EA is a professional trading system developed exclusively for the   AUDCAD   currency pair. This cross pair is widely recognized for its stable and technical behavior, which makes it particularly attractive for traders who prefer structured and predictable market conditions rather than extreme volatility and sudden price spikes. By focusing solely on AUDCAD, the system is able to   adapt precisely   to the specific characteristics, rhythm and movement patterns of this pair. The EA
Golden Mirage mt4
Michela Russo
5 (7)
Limited stock at the current price! Final price: $1999 --> PROMO: From $299 --> The price will go up every 5 purchases, next price : $399 Golden Mirage is a robust gold trading robot designed for traders who value reliability, simplicity, and professional-grade performance. Powered by a proven combination of RSI, Moving Average,  ADX, and High/Low Level  indicators, Golden Mirage delivers high-quality signals and fully automated trading on the M5 timeframe for XAUUSD (GOLD) . It features a robu
Trend AI EA
Ramil Minniakhmetov
4.11 (56)
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
Gold Safe MT4 EA
Anton Zverev
5 (1)
Segnale in diretta:   https://www.mql5.com/en/users/varkotechnologies/seller Versione MT5:   https://www.mql5.com/en/market/product/164203 Tempistiche:       M1 Coppia di valute:       XAUUSD Varko Technologies   non è un'azienda, è una filosofia di libertà. Sono interessato a una collaborazione a lungo termine e alla costruzione di una solida reputazione. Il mio obiettivo è migliorare e ottimizzare costantemente il prodotto per adattarlo alle mutevoli condizioni di mercato. Gold Safe EA    
Algo Gold EA Premium
Stuart James Winter
Progettato appositamente per le sfide delle aziende di oggetti di scena e i conti delle aziende di oggetti di scena dal vivo, l'Algo Gold Premium Expert Advisor funziona come un robot scalping, impiegando una strategia innovativa a basso rischio. Se dotato di un setfile scelto, questo consulente esperto completa in modo efficiente una sfida aziendale entro una settimana, consentendo la rapida acquisizione di un conto finanziato. Con un solido sistema di gestione del rischio in atto, l'EA inte
Big Forex Players MT4
MQL TOOLS SL
4.73 (44)
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
Quantum Emperor MT4
Bogdan Ion Puscasu
4.85 (172)
Presentazione       Quantum Emperor EA   , l'innovativo consulente esperto MQL5 che sta trasformando il modo in cui fai trading sulla prestigiosa coppia GBPUSD! Sviluppato da un team di trader esperti con esperienza di trading di oltre 13 anni. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Acquista Quantum Emperor EA e potresti ottenere Quantum StarMan     gratis!*** Chiedi in privato per maggiori dettagli Segn
Pattie Breakout ORB EA
Patrick Jeannot
4.75 (4)
Pattie Opening Range Breakout (ORB) is a range of price variation, which for each session, it generates a combination of support and resistance levels, positioning itself in favor of breaking out of the bands, when it is exceeded on the upside is a signal to buy or enter long and when it is exceeded on the downside it is a signal to sell or enter short. Pattie Break Out  EA  is a specialized trading tool designed to automate  time session-based breakouts . The EA operates by drawing a price rang
Altri dall’autore
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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