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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MULTI SNIPER EA è un sistema di trading automatico preciso con una precisione di circa il 90% per la piattaforma MT4. Questo EA di scalping redditizio è davvero uno dei sistemi più stabili attualmente sul mercato.   No grid! No martingale! È un prodotto originale offerto solo su questo sito web MQL5. Scarica EA Set_files per test e trading:   GBPAUD Set_file   GBPCAD Set_file - Implementato il metodo dell'interesse composto e tecniche di scalping. - Il sistema imposta automaticamente uno SL d
BB Return mt4
Leonid Arkhipov
4.89 (18)
Experts
BB Return — un Expert Advisor (EA) per il trading dell’oro (XAUUSD). Questa idea di trading è stata utilizzata in precedenza da me nel trading manuale . Il cuore della strategia è il ritorno del prezzo all’interno del range delle Bollinger Bands , ma non in modo meccanico né a ogni contatto. Nel mercato dell’oro le bande da sole non sono sufficienti, per questo l’EA utilizza filtri aggiuntivi che eliminano condizioni di mercato deboli o non operative. Le operazioni vengono aperte solo quando la
Gann HiLo System MT4
Pol Lazaro Porta
Experts
GHS (Gann HiLo System ) is an expert advisor that trades the resumption of a trend after a pullback, using the Gann HiLo Activator as its directional reference. It does not chase price or try to anticipate reversals: it waits for the line to define a trend, waits for price to pull back against it, and enters only when the market clears the prior extreme of the move, confirming it wants to resume its direction. The Gann HiLo indicator is calculated inside the advisor itself, so no external indic
Adaptive Gold Scalper MT4
Fan Yang
Experts
Adaptive Gold Scalper Important Pre-notice: This strategy requires a long period of practical verification, and favorable trading returns cannot be guaranteed in the short run. Traders must select brokers with ultra-low order latency, minimal slippage and zero/low stop level requirement; poor broker conditions will lead to disastrous trading results. I have over 14 years of professional trading experience.   With proper brokerage conditions and sufficient running time, this fully automated scalp
Scalp On Scalp Off MT4
Connor Michael Woodson
Experts
FastBull Market Sentiment è un feed di dati che aggrega migliaia di posizioni per un valore totale dei conti superiore a 500 milioni di USD. Scalp On Scalp Off è in grado di recuperare istantaneamente questi dati tramite integrazione API diretta e di utilizzarli durante l'esecuzione delle operazioni. Il sentiment di mercato viene visualizzato direttamente sul grafico in un pannello personalizzabile e intuitivo. Segnale in tempo reale: CLICCA QUI Operazioni singole gestite senza l’utilizzo di gr
AW Double Grids EA
AW Trading Software Limited
4.5 (8)
Experts
Advisor AW Double Grids MT4   - è un consulente di griglia aggressivo e completamente automatizzato, con un pannello di trading informativo e una configurazione semplice. La strategia consiste in un lavoro simultaneo bidirezionale, moltiplicando il volume di una direzione. Sono implementati il calcolo automatico dei lotti integrato, varie varianti di aumento del volume delle posizioni e altre funzioni. Istruzioni ->   QUI   /   Risoluzione dei problemi ->   QUI   / Versione MT5 ->   QUI Come o
WallStreet Recovery PRO
Lachezar Krastev
5 (2)
Experts
BUY 1 and GET 1 FREE - Promotion! Buy WallStreet Recovery PRO with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $177 (Regular Price: $447 — You Save $270!) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Live Results:   https://www.mql5.com/en/signals/2331815 WallStreet Recovery PRO is a powerful FULLY automated trading system built on the legendary WallStreet Forex Robot core — one of the most popular and ti
GOLD Edge PRO
Hideki Nakajima
4.86 (7)
Experts
Gold Edge Pro is the EA designed exclusively for GOLD (XAUUSD). It can also be used in other currency pairs. This EA trades trend-follow using the moving average and multiple time frame RSIs. Use GRID trade. News filters are available. This EA closes with the "DD Reduce" function when drawing down. You can set trailing stop for "GRID trading" and "DD Reduce" function. Additional trades can be made using the panel. These are automatically settled as GRID series. You can also manually settle all t
Rebate Hunter
Agus Santoso
Experts
Versione MT4: https://www.mql5.com/en/market/product/90950 Versione MT5: https://www.mql5.com/en/market/product/93706 Rebate Hunter – EA con griglia di copertura multi-coppia (Dinamico Adattivo) Rebate Hunter è un Expert Advisor con griglia di copertura multi-coppia progettato per generare un volume di trading costante, puntando al contempo a un profitto controllato del paniere. L'EA apre simultaneamente le posizioni di acquisto e vendita (ingresso coperto), quindi gestisce le posizioni utili
One Gold MT4
Stanislav Tomilov
4.68 (19)
Experts
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
Forex GOLD Investor
Lachezar Krastev
4.39 (51)
Experts
BUY 1 and GET 1 FREE - Promotion! Buy Forex GOLD Investor with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $217 (Regular Price: $547 — You Save $330! ) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 3 trading systems . The first one is based on scalping trading strat
Goblin Gold Scalper
Thi Tra Mi Duong
3.67 (3)
Experts
The Goblin Gold Scalper EA is a fully automated trading robot that has been developed over the years. EA's trading strategy has been optimized for Gold with a unique strategy based on Price Action and basic indicators. This is a scalper strategy so it usually trades in a short period of time, trades are closed quickly with Stop Loss and Trailing Stop. EA has optimized settings and now it's simple to use for everyone. You just need to set your Lot Size. Feature:  + Fully automated trading 24/5 w
Wall Street Robot MT4
MQL TOOLS SL
5 (1)
Experts
Wall Street Robot is a   professional trading system   developed exclusively for US stock indices, focused on S&P500 and Dow Jones. These markets are known for their high liquidity, structured movements and strong reaction to global economic flows, making them ideal for algorithmic trading strategies based on precision and discipline. By concentrating only on these indices, the system is able to adapt closely to their behavior, volatility patterns and intraday dynamics, instead of trying to oper
GOLD Scalper PRO
Lachezar Krastev
4.48 (25)
Experts
BUY 1 and GET 1 FREE - Promotion! Buy GOLD Scalper PRO with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $177 (Regular Price: $447 — You Save $270!) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Live Results:   https://www.mql5.com/en/signals/2353871 GOLD Scalper PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! You should not be fooled
EA Spectr
Fanur Galamov
4.9 (20)
Experts
EA Spectr is an automated professional multi-currency expert advisor that designed for long-term profitable trading. The EA continuously controls price movements and makes accurate trades based on market patterns, trend and technical indicators. The Ea contains a flexible news filter, high spread protection, separate time and days trading filters and allows to work with automatic and fixed trading lots. Each Ea trade is covered by stop loss and take profit levels. The EA does not use grid, mart
XG Gold Robot MT4
MQL TOOLS SL
4.29 (42)
Experts
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
Altri dall’autore
TheTurteTrader
Florian Brauhart
Indicatori
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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