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TakePropips Donchian Trend Pro

4.25

NOTE: TakePropips Donchian Trend Pro is only sold here at MQL5 and on our official website. If you see it on other websites, it is FAKE and the performance is not similar! Support and updates will not be provided on those who purchased or received the fake indicator on pirated websites.

You can message me after purchase to receive the user manual PDF for this indicator.

TakePropips Donchian Trend Pro is a powerful and effective tool that automatically detects the direction of the trend and provide you an entry and exit signals. 

This multi-function indicator includes the  Donchian Channel , Statistical Dashboard Panel, and a Trend-Detection Scanner. It is designed to provide you trading signals and save you hours analyzing the charts!

Main Features:

  • Automated Entry and Exit Signals - detects buy & sell opportunities and provides you with up to 3 take profits and a stop loss.
  • Trend Scanner - a multi-symbol and multi-timeframe scanner shows the direction of the trend, success rate, and an overall rating. The scanner works with all symbols & timeframes.
  • Statistical Dashboard Panel - shows the  entry price, take profit, stop loss,  success rate, and  total profit/loss of each currency pair so you know exactly the result .
  • Alerts, Email, and Push notifications - receive notifications when a new buy or sell signals are identified so you never miss another trading opportunity.
  • Customizable, non-repainting, no backpaints - easily customize the color and the layout of the scanner. The indicator never repaints or backpaints. 
  • Can be used for scalping, intra day trading, and swing trading
  • iCustom integration is available for Expert Advisors to automate the trading signals


How to setup a trade?

Make your trading much simpler with this 3 simple steps!

1. Trade Analysis

  • Enter a trade if success rate is 70% or greater and the profit shows positive

2. Take Profit

  • Option 1 - Take profit on TP1
  • Option 2 - Partial Take Profit on TP1 and close remaining positions on TP2 and/or TP3
  • Option 3 - Take Profit on opposite signal and ride the trend

3. Stop Loss

  • Option 1 - set your fixed stop loss level based on provided SL value in the dashboard panel
  • Option 2 - exit your buy position on a new sell signal and exit your sell position on a new buy signal

Indicator Parameters

Donchian Trend Filter - sets the period of the Donchian Channel and the total no. of bars to calculate.

Take Profit & Stop Loss - ability to modify the multiplier of take profit and stop loss. Higher multiplier might result in a lower success rate (recommended is 1.0). You can also disable TP2 and TP3 if you prefer just one take profit and also disable stop loss if you prefer to ride the trend.

Symbols & Timeframes - add the symbols and timeframes you want the scanner to show.

Dashboard Scanner Style - change the layout and color of objects in the scanner.

Chart Style - change the colors and visibility of objects drawn in chart.

Alert Notification - receive alerts via email, mobile push notifications or MetaTrader alerts window when a new buy or sell signals are identified.

If you need MT5 version, you can get it here

If you have any questions, please don't hesitate to contact me at info@takepropips.com or via a private message & I will be glad to help!

Thank you & happy trading!

  

Comentários 6
ctgaff
69
ctgaff 2022.01.05 06:51 
 

This indicator is absolutely wonderful. The scanner is extremely fast, insanely accurate and can weed through charts like nothing I have seen. The success rates and take profit on pairs with strong buys across multiple time frames is where the synergy of this system can be seen and taken to the bank.

intan08
1256
intan08 2021.07.15 11:57 
 

I'm a fan of Donchian Channel so this system is great!

heinedw
267
heinedw 2021.05.30 22:31 
 

Eric was very patient and extremely helpful. This indicator give a success rate%, SL level as well as 3 take profit levels. You receive alerts and look at the % level. If the % level is satisfactory you enter the trade. This is a whole trading system on its own. I am looking forward to using this system and making profits.

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Filtro:
KingdomCome
49
KingdomCome 2022.04.27 12:59 
 

The dashboard is actually working but finding trades to enter is difficult.

msolana
29
msolana 2022.03.09 17:25 
 

The system is not for scalping o lower time frames. The 15 and above is the better place. I have not been able yet to manipulate setting to see whether it will work on lower frames. The signals thus far given on the 5m do not work. You should not expect the indicator to work on the lower time frames.

ctgaff
69
ctgaff 2022.01.05 06:51 
 

This indicator is absolutely wonderful. The scanner is extremely fast, insanely accurate and can weed through charts like nothing I have seen. The success rates and take profit on pairs with strong buys across multiple time frames is where the synergy of this system can be seen and taken to the bank.

상현 박
203
상현 박 2021.07.31 06:20 
 

It's not working. It's a scam.

Eric John Pajarillaga Aldana
3774
Resposta do desenvolvedor Eric John Pajarillaga Aldana 2021.08.04 23:44
Hello, sorry to hear your disappointment. Can I please know what exactly is not working? Are you having any technical issues or you just need help in using it properly? Update: 08/04/2021: Still no reply from this user.
intan08
1256
intan08 2021.07.15 11:57 
 

I'm a fan of Donchian Channel so this system is great!

heinedw
267
heinedw 2021.05.30 22:31 
 

Eric was very patient and extremely helpful. This indicator give a success rate%, SL level as well as 3 take profit levels. You receive alerts and look at the % level. If the % level is satisfactory you enter the trade. This is a whole trading system on its own. I am looking forward to using this system and making profits.

Responder ao comentário
Versão 3.1 2022.05.17
Fixed a duplicate error bug when loading the indicator from a template
Versão 3.0 2022.01.31
Added new currency presets setting.
Added Take Profit 2 and Take Profit 3 values to trading signal alerts.
Added new setting to show the age of the last trading signal on the dashboard scanner.
Added ability to turn on/off trading signal alerts for specific timeframe(s).
Fixed incorrect stop loss value on trading signals alerts.
Added new setting to change font size of the dashboard panel.
Improved performance and overall responsiveness of the dashboard scanner.
Versão 2.70 2021.08.03
Added ability to automatically calculate TP based on risk/reward ratio
Added ability to calculate TP & SL using fixed values
Added ability to calculate SL using the Donchian Channels Bands
Modified TP & SL Multipliers default values to reflect ATR
Performance improvements and code optimization
Versão 1.40 2021.02.28
Ability to change line width and change the X & Y distance of the minimized scanner
Versão 1.30 2021.02.22
Added ability to filter alerts by success rate
Added X Distance for panel and scanner. Also added ability to change button width
Added ability to modify the refresh rate of the scanner
Enhancements of the Donchian strategy to better reflect the trend of the market
Versão 1.20 2021.01.19
Added ability to manually adjust the Y-distance from the top corner of the Dashboard Panel & Scanner. The Y-Distance for panel will automatically adjust if One-Click Trading is shown on the chart.
Versão 1.10 2021.01.15
Code enhancements for faster performance