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VR Donchian MT5

The Donchian VR indicator is an improved version of the Donchian channel. Improvements have been made to almost all channel functions, but the basic algorithm and channel construction have been preserved. The indicator now changes the color of the levels depending on the current trend - this clearly shows the trader a change in the trend direction or flat. The ability to inform the trader about the breakthrough of one of the two channel levels via smartphone, email, or in the MetaTrader terminal itself was added as well. Price tags have been added that allow the trader to see the prices of the levels on the chart. The algorithm of the classic Donchian indicator has been optimized and accelerated due to the fact that the trader can set the number of periods for the indicator to calculate himself. The classic Donchian indicator calculates the entire history available in the MetaTrader terminal, which heavily burdensThe MetaTrader terminal with mathematical calculations. The VR Donchian indicator only calculates the amount that the trader has set, which reduces the load on the MetaTrader terminal by tens or even hundreds of times.

The rule of trend detection:

If a new local high is higher than the previous one and a new local low is higher than the previous one, it is considered that the trading instrument is in an uptrend.
If a new local high is lower than the previous one and a new local low is lower than the previous one, it is considered that the trading instrument is in a downtrend.
If we cannot apply any of the two rules described above to the current trend it is considered that there is no certainty on the trading instrument - it has entered flat.

Advantages

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  • It is one of the most accurate indicators displaying channels.
  • The ability to receive messages via alert in the terminal, push-message to your smartphone, and email.
  • It is suitable for any financial instrument: Forex, Crypto, CFD, Metalls.
  • The indicator is not redrawn.
  • It is easy to install - just drag it over the chart.
  • It works in the strategy tester, on demo accounts, and on real accounts.
  • It is suitable for both beginners and professionals, the indicator is based on classic trading rules.
  • A large number of settings allow you customize the indicator to your liking.
  • The indicator can transmit the signals by standard methods via buffers and using global variables of the terminal.
  • There are two versions - for the MetaTrader 4 and MetaTrader 5 terminals.

Recommendations
  • The longer is the period for which you use the indicator, the more accurate its readings will be and the larger the trend can be expected.
  • Combining the indicator with your trading strategy will increase the probability of success and reduce the likelihood of losses.
  • Avoid moments of uncertainty and trading on the news.
  • Select the indicator period based on the last uncertainty zone. Set up such a period that there would be no false trend readings in the zone of uncertainty.
  • Use multiple copies of indicators with different periods, such as the period of the first indicator 21 and the period 48 of the second indicator.
  • Buy when the upper level is broken and sell when the lower level is broken, good signals are obtained when the price breaks through several lines of different indicator periods at the same level.
  • Do not use yield statistics constantly, we recommend to use it only in the selection period or for analyzing new financial instrument.

You can read more information about settings in our

Blog in Russian read
Blog in English read

Market version MetaTrader 4
Market version MetaTrader 5

Comentários 11
GeoHa1219
139
GeoHa1219 2020.06.11 17:03 
 

The dynamic indicator helps me with my entries. I can only recommend. Thank you. Good work.

ERIC DANIEL BRAENDLI
122
ERIC DANIEL BRAENDLI 2020.05.29 15:35 
 

I use it for a quite profitable strategy. Love it!

Wan Ping Fei
1617
Wan Ping Fei 2020.03.26 05:28 
 

✔✔✔

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Este é o indicador de Timing famoso Agora você pode usar o indicador de Timing mais famoso do planeta. O milionário Mostafa Belkhayate ganhou sua reputação usando este indicador específico para validar os sinais de entrada fornecidos por seu também famoso indicador do mercado Forex Center of Gravity . Passei horas, dias, semanas para decifrar a fórmula e agora ele está finalmente disponível para você. Novo e único para MetaTrader 5 O Timing lhe dará validações perfeitas para seus sinais de ent
49 USD
Trend Line Map Pro MT5
Sayadi Achraf
Important Note : 1.  Active Signals Performance via  TREND LINE MAP INDICATOR ( Daily Update )    ► Click Here 2. Trend Line Map is a Trend Line Scanner based on Trend Screener Indicator. Please make sure that you get  Trend Screener Pro  before getting Trend Line Map indicator. 3.  If you don't have  Trend Screener Pro  Indicator, the  Trend Line Map Pro  it will not work. 4. How to turn your Metatrader to Forex Screener ?   4.1   Trend Screener :   MT4 version   ||   MT5 version  
39 USD
PipFinite Trend PRO MT5
Karlo Wilson Vendiola
Breakthrough Solution For Trend Trading And Filtering With All Important Features Built Inside One Tool! Trend Pro's smart algorithm detects the trend, filters out market noise and gives entry signals with exit levels. The new features with enhanced rules for statistical calculation improved the overall performance of this indicator. Important Information Revealed Maximize the potential of Trend Pro, please visit ► www.mql5.com/en/blogs/post/713938 Test the demo version and explore its feature
98 USD
PZ Harmonacci Patterns MT5
Arturo Lopez Perez
Este é sem dúvida o indicador de reconhecimento automático de formação de preço harmônico mais completo que você pode encontrar para a MetaTrader Platform. Ele detecta 19 padrões diferentes, leva as projeções de Fibonacci tão a sério quanto você, exibe a Zona de Reversão Potencial (PRZ) e encontra níveis adequados de stop loss e take-profit. [ Guia de instalação | Guia de atualização | Solução de problemas | FAQ | Todos os produtos ] Detecta 19 formações harmônicas de preços diferentes Tr
399 USD
AW Trend Predictor MT5
Alexander Nechaev
The combination of trend and breakdown levels in one system. An advanced indicator algorithm filters market noise, determines the trend, entry points, as well as possible exit levels. Indicator signals are recorded in a statistical module, which allows you to select the most suitable tools, showing the effectiveness of the signal history.  The indicator calculates Take Profit and Stop Loss marks. Important information:  To use the full potential of the indicator, we strongly recommend that you
55 USD
VTrende
Andrey Dyachenko
VTrende - MTF indicator for trend trading with a display panel for MT5 Although the signals of the VTrende indicator can be used as signals of a full-fledged trading system, it is recommended to use them in conjunction with the Bill Williams TS. The main task of the indicator - is to determine the points of change in the direction of the trend. The indicator signal appears in two versions: Advance - when the trend ends To be continued - when the trend is already on The indicator sho
497 USD
RSI Alerts MT5
Yurij Izyumov
Addition to the standard Relative Strength Index (RSI) indicator, which allows to configure various notifications about the events related with the indicator. For those who don't know what this indicator is useful for, read here . This version is for MetaTrader 5, MetaTrader 4 version - here . Currently implemented events: Crossing from top to bottom - of the upper signal level (default - 70) - sell signal. Crossing from bottom to top - of the upper signal level (default - 70) - sell signal. Cro
30 USD
Naked Forex Kangaroo Tail for MT5
Renaud Candel
Kangaroo Tail Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Commodities, Metals, Cryptos. The Kangaroo Tail is a simple and very effective pattern to trade. The strategy that comes with the Kangaroo Tail is purely based on price action. Inputs : CandleSizeATR: filter signals depending on the size of candle (0.5 to 1.5 recommended range of values) TradeDirection (Long/Short/LongAndShort): filter signals for BUY and SELL Distance: distance in pixel relative to top or bot
147 USD
Blahtech Daily Range MT5
Blahtech Limited
Blahtech Daily Range indicator displays the average daily range alongside the individual session ranges. Using the daily open price as a reference the indicator shows fixed range and dynamic range targets as lines on the charts. These lines clearly show when the average range has been exhausted. Daily and session ranges can be useful for confirming entries or setting targets and is an excellent odds enhancer for many trading systems. Feature Highlights Daily Ranges Session Ranges Single or mul
49 USD
Filtro:
autovolk
405
autovolk 2020.06.22 22:04 
 

Usuário não fez qualquer comentário quanto a classificação

GeoHa1219
139
GeoHa1219 2020.06.11 17:03 
 

The dynamic indicator helps me with my entries. I can only recommend. Thank you. Good work.

ERIC DANIEL BRAENDLI
122
ERIC DANIEL BRAENDLI 2020.05.29 15:35 
 

I use it for a quite profitable strategy. Love it!

Ilya Krasheninnikov
348
Ilya Krasheninnikov 2020.05.19 19:17 
 

Usuário não fez qualquer comentário quanto a classificação

Wan Ping Fei
1617
Wan Ping Fei 2020.03.26 05:28 
 

✔✔✔

Detleff Böhmer
1178
Detleff Böhmer 2020.03.24 07:36 
 

Sehr gute Arbeit, guter Indikator, danke!

jquintin
213
jquintin 2019.07.19 12:34 
 

Good work! Thanks for sharing! Very helpfull!

Michael Williams
126
Michael Williams 2019.01.30 10:05 
 

I have looked at a lot of trend indicators, and this is one of my favorites; perfect for my strategy! Thank you!

sunnychow
8612
sunnychow 2019.01.12 16:05 
 

Thanks for share

[Excluído] 2019.01.07 17:40 
 

Usuário não fez qualquer comentário quanto a classificação

Yuriy Suslov
378
Yuriy Suslov 2018.10.13 15:35 
 

Отличный индикатор!

Responder ao comentário
Versão 20.60 2020.06.14
Code optimization for new build terminal
Versão 20.58 2020.05.30
Fixed display of colors
Versão 20.57 2020.05.27
Code optimization
Error correction
Versão 20.30 2020.03.23
Optimized:
The program code.

Posted:
The ability to set the number of displayed periods - periods of less than the indicator displayed faster.
The ability to receive signals for other programs through global variables.
The ability to choose one of three methods of notification traders, Push, Alert, E-mail.

Fixed:
Duplicating price tags.
Triggered alerts.
Versão 19.10 2019.01.18
Fixed:
Cleaning the graph when the indicator is removed
Versão 18.101 2018.10.21
Fixed text messages