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Donchian Channels EA MT5

30 USD

Demo downloaded: 28

Published: 27 October 2024

Current version: 7.0

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Donchian Channels EA MT5

Experts
Biswarup Banerjee
Version: 7.0
Updated: 5 January 2025
Activations: 20

Donchian Channels Expert Advisor for MetaTrader 5

Introduction:

Welcome to the Donchian Channels EA, an advanced tool designed exclusively for MetaTrader 5. This expert advisor streamlines trading activities by harnessing the power of the Donchian Channels indicator, automating trade entries and exits based on overbought and oversold conditions. The EA also facilitates reverse trading setups within these zones, offering a versatile approach to managing trades.

For detailed documentation Overall Settings/Input Guide | Backtest and Set files

You can find MT4 version here

High Level Overview of Features

Category	Setting	Description
GENERAL SETTINGS	Lot Size	Initial volume for the first trade; subsequent features don't alter it.
	Stoploss in Pips	Initial stop loss; adjustable by EA features.
	Take Profit in Pips	Initial take profit; modifiable by EA features.
	Trade Comment	Specifies trade comments for source identification.
	Capture Logs	Enables troubleshooting logs.
	Enable Magic Number	Controls EA behaviour based on a unique identifier.
	Magic Number	Unique EA identifier for conditional checks.
	Trade On New Bar	Places trades at the start of the candle.
	No New Entry If Trade Exists	Determines new entry conditions with or without an active trade.
	Number Of Orders	Controls executed trades upon entry signals.
	Trade Direction	Specifies buy, sell, or both signals.
	Risk Reward Ratio	Sets take profit based on stop loss and a specified ratio.
	Next Open Trade After X Seconds	Introduces a time gap between multiple entry signals.
	Check for Opposite Close	Closes previous trend signal before placing a new one.
	Delete Pending Order at Distance	Auto-removes pending orders at a specified distance.
	Delete Pending Order After X Seconds	Auto-deletes untriggered pending orders.
	Delete Pending Order After N Bars	Auto-removes untriggered pending orders after specified candles.
	Profit Amount	Closes trade at a set profit amount or set take profit.
	Loss Amount	Closes trade at a set loss amount or set stop loss.
	Profit Percent	Closes trade at a set percent profit of account equity or set take profit.
	Loss Percent	Closes trade at a set percent loss of account equity or set stop loss.
	Close After N Candle	Closes trade after a specified number of candles from opening.
BREAKEVEN SETTINGS	Enable Breakeven	Boolean input to enable (true) or disable (false) breakeven functionality.
	Breakeven Activation	Numeric input setting the distance in pips from entry for breakeven activation.
	Breakeven Extra Pips	Numeric input defining extra pips beyond activation for setting stop-loss, covering costs and slippage.
TRAILING STOP SETTINGS	Use Trailing Stop	Boolean input to enable (true) or disable (false) trailing stop functionality.
	Activate	Numeric input setting distance in pips from entry for triggering trailing stop activation.
	Trail Price By	Numeric input defining trailing stop distance behind the current market price.
	Increment By	Numeric input specifying the increment by which trailing stop distance increases with favourable market movement.
MARTINGALE SETTINGS	Enable/Disable Martingale	Boolean input to enable (true) or disable (false) Martingale strategy.
	Multiplier	Numeric input determining the size multiplier for subsequent trades if Martingale is enabled.
	Multiply After N Repeat	Integer input setting the number of consecutive losing trades before applying the Martingale multiplier.
	Max Step	Integer input defining the maximum number of Martingale steps to limit consecutive increasing trade sizes.
	Adjust Take Profit	Boolean input to adjust (true) or not adjust (false) take profit based on Martingale steps.
GRID SETTINGS	Enable/Disable Grid	Boolean input to enable (true) or disable (false) GRID strategy.
	Step Distance	Integer input for the distance in pips between each grid level.
	Lot Increase Mode	Enumeration input for lot size increase mode: GRID_MULTIPLY or GRID_INCREMENT.
	Execution Mode	Numeration input for execution mode: GRID_MARKET (market orders) or GRID_PENDING (pending orders).
	Increase Factor	Numeric input for the factor by which lot size is increased for each new grid level.
	Distance Multiplier	Numeric input for the multiplier applied to the grid distance for each new grid level.
	Increase After N Repeat	Integer input for the number of repeats before applying the grid increase factor.
	Max Grid Step	Integer input for the maximum number of grid steps before resetting to the initial lot size.
	Grid Activation Mode	Enumeration input for when the grid should be activated: GRID_ON_LOSS or GRID_ON_PROFIT.
	SL and TP Mode	Enumeration input for stop-loss and take-profit mode: FIXED AMOUNT, EQUITY PERCENT, or COST_AVERAGE.
	Grid Fixed Stoploss	Sets a fixed stop-loss for combined loss of all trades when SL and TP mode is FIXED AMOUNT.
	Grid Fixed Takeprofit	Sets a fixed take-profit for combined profit of all trades when SL and TP mode is FIXED AMOUNT.
	Grid Equity Pct Stoploss	Sets an equity percentage stop-loss for combined loss of all trades when SL and TP mode is EQUITY PERCENT.
	Grid Equity Pct Takeprofit	Sets an equity percentage take-profit for combined profit of all trades when SL and TP mode is EQUITY PERCENT.
	AVERAGE_MODE	Enumeration input for averaging orders mode: Sum (Price x Lot)/Sum(Lots) or Sum(Price)/ Sum(Orders).
	AVG STOPLOSS	Sets stop-loss based on the average price of all trades when SL and TP mode is COST_AVERAGE.
	AVG TAKEPROFIT	Sets take-profit based on the average price of all trades when SL and TP mode is COST_AVERAGE.
RISK SETTINGS	Enable Risk to Lot	Boolean input for enabling (true) or disabling (false) Risk to Lot functionality.
	Risk Percent	Numeric input defining the risk percentage per trade based on the account balance.
	Risk Pips Per MicroLot / Stoploss	Numeric input determining the risk in pips per micro lot or stop-loss. It aligns with the STOPLOSS pips input for virtual stop-loss calculation.
POSITION SIZING SETTINGS	Enable Position Sizing	Boolean input for enabling (true) or disabling (false) Position Sizing functionality.
	Increase Lot	Numeric input defining the additional lot size for each trade when Position Sizing is enabled.
	Increase Lot on Account Balance	Numeric input specifying the account balance value triggering lot size adjustment. When the balance reaches or exceeds this value, the lot size is adjusted accordingly.
ALERT SETTINGS	Allow Alert	Boolean input allowing (true) or disallowing (false) the EA to trigger alerts on new entry.
	Allow Notification	Boolean input enabling (true) or disabling (false) the EA to send notifications (e.g., push notifications on mobile devices) on new entry.
	Allow Email	Boolean input permitting (true) or restricting (false) the EA to send email notifications on new entry.
TRADE TIME SETTINGS	Use Trading Times	Boolean input for determining if the EA should follow specified trading times (true) or trade 24/7 (false).
	Enable Asian Session	Boolean input to enable (true) or disable (false) trading during the Asian session.
	Start Time Asian and End Time Asian	String inputs specifying the start and end times of the Asian session in broker time.
	Enable European Session	Boolean input to enable (true) or disable (false) trading during the European session.
	Start Time European and End Time European	String inputs specifying the start and end times of the European session in broker time.
	Enable American Session	Boolean input to enable (true) or disable (false) trading during the American session.
	Start Time American and End Time American	String inputs specifying the start and end times of the American session in broker time.
	Enable Other Session	Boolean input to enable (true) or disable (false) trading during another specified session.
	Start Time and End Time	String inputs specifying the start and end times of the specified session in broker time.
TRADING DAY SETTINGS	Monday Trade, Tuesday Trade, Wednesday Trade, Thursday Trade, Friday Trade	Boolean inputs allowing (true) or disallowing (false) trading on each respective day of the week (Monday through Friday).
	Saturday Trade and Sunday Trade	Boolean inputs allowing (true) or disallowing (false) trading on Saturday and Sunday, respectively.
SAFEGUARD SETTINGS	Slippage	Maximum allowed slippage in pips for trade execution.
	Maximum Open Trades	Maximum number of open trades allowed; set to 0 to disable.
	Maximum Long Trades and Maximum Short Trades	Maximum number of long and short trades allowed; set to 0 to disable.
	Maximum Pending Orders	Maximum number of pending orders allowed; set to 0 to disable.
	Maximum Long Pending Orders and Maximum Short Pending Orders	Maximum number of long and short pending orders allowed; set to 0 to disable.
	Max Drawdown Percent	Maximum acceptable drawdown as a percentage of the account balance; set to 0 to disable.
	Max Drawdown Amount	Maximum acceptable drawdown as an absolute amount; set to 0 to disable.
	Maximum Trades Per Day	Maximum number of trades allowed per day; set to 0 to disable.
	Maximum Losing Per Trade	Maximum number of losing trades allowed per day; set to 0 to disable.
	Daily Stop	Maximum acceptable drawdown for a single trading day; closes all positions and halts trading if exceeded.
	Daily Target	Target profit to achieve within a single trading day; closes all positions and stops trading if reached.
	Weekly Stop	Maximum acceptable drawdown for a trading week; closes all positions and ceases trading if exceeded.
	Weekly Target	Target profit to achieve within a trading week; closes all positions and stops trading if reached.
	Monthly Stop	Maximum acceptable drawdown for a trading month; closes all positions and ceases trading if exceeded.
	Monthly Target	Target profit to achieve within a trading month; closes all positions and stops trading if reached.
DISPLAY SETTINGS	Panel Width Pct	Width of the panel as a percentage of the dashboard window.
	Panel Height Pct	Height of the panel as a percentage of the dashboard window.
	Text Size Pct	Size of text within the panel as a percentage; influences readability and presentation.
	Title Colour	Colour of the title text within the panel for visual distinction.
	Label Colour	Colour of labels or descriptive text within the panel for differentiation.
	Value Colour	Colour of numerical values or data within the panel for clarity and emphasis.

Usage Recommendations:

Prior to live deployment, comprehensive testing in a demo account is strongly advised. This enables thorough assessment of the EA's performance, ensuring alignment with your trading strategy and risk tolerance levels.

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Aura Neuron is a distinctive Expert Advisor that continues the Aura series of trading systems. By leveraging advanced Neural Networks and cutting-edge classic trading strategies, Aura Neuron offers an innovative approach with excellent potential performance. Fully automated, this Expert Advisor is designed to trade currency pairs such as EURUSD and XAUUSD (GOLD). It has demonstrated consistent stability across these pairs from 1999 to 2023. The system avoids dangerous money management techniques

799 USD

AlphaWave Ai – The Future of Algorithmic AI Trading AlphaWave Ai is a groundbreaking AI-powered trading platform that integrates the most advanced technologies, to automate and optimize complex trading strategies. It combines Deep Learning, Natural Language Processing (NLP), and advanced data analysis to enable traders to make data-driven, precise decisions in real-time. Signal: STAGE I Real Manual: AlphaWave Ai Setup Next Price: 750 USD The platform offers a powerful solution for anyone look

550 USD

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

1 999 USD

Top Trader - your window into the world of professional trading! The Top Trader Gold Trading Expert is a professional-grade Expert Advisor (EA) designed for advanced trading on the gold market, specifically tailored for XAU/USD. This EA leverages sophisticated algorithms to identify high-probability trading opportunities while maintaining a user-friendly interface that even less-experienced traders can navigate with ease. The EA employs a blend of trend-following and counter-trend strategies. I

499 USD

Hello traders The New Generation Api Scalper is here Horus AI , I have designed this tool with real results rigorously, tool based on several of my previous Strategies , adapting it to the Forex Market , therefore it is adapted to the artificial intelligence of machine learning , that is, the AI will read parameters and then consult them to my strategy, then it will learn so that the entries are of better quality, it also has a node where you can recover positions, another of the innova

3 949 USD

Contact me for discount before purchasing! AI-Driven Technology with ChatGPT Turbo Infinity EA is an advanced trading Expert Advisor designed for GBPUSD, XAUUSD and AUDCAD. It focuses on safety, consistent returns, and infinite profitability. Unlike many other EAs, which rely on high-risk strategies such as martingale or grid trading. Infinity EA employs a disciplined, profitable scalping strategy based on neural network embedded over machine learning, data analytics AI based technology provid

699 USD

Gold One MT5 Hello to all gold trading enthusiasts in Forex, Welcome to our robot, where you join the ranks of the top gold traders. With over two decades of precise experience in the Forex market, we proudly introduce the latest generation of trading robots. Features: Ideal for prop firm challenges. Suitable for all account sizes, including low capitals. NO Grid and NO martingale 100% Fully automated This robot employs the most recent, cutting-edge, and advanced gold-specific indicat

349 USD

CyNeron: Precision Trading Meets AI Innovation Signals : CyNeron Manual & set files : Contact me after purchase to receive the manual and set files Price : The price increases based on the number of copies sold Available copies : 5 AI-Driven Snapshot Analysis: A Market First CyNeron is the first EA on the market to integrate advanced AI into a revolutionary trading approach by capturing and processing detailed snapshots of market conditions. Utilizing cutting-edge AI-powered neural networks,

999 USD

AI Golden Jet Fighter GTX MT5 is a straightforward and efficient Expert Advisor (EA) for gold trading on the Meta Trader 5 platform. Utilizing Neural Networks, this EA is designed for scalping in the gold market (XAU/USD). The main strategy of AI Golden Jet Fighter GTX focuses on identifying small price fluctuations and opening positions to capture profits within short time frames. The EA analyzes market conditions in real-time and automatically executes trades with predefined stop-loss and tak

777 USD

Overview AITrendBooster is our latest intelligent trading system, designed to utilize trend-following strategies with scaling positions to significantly enhance profitability while effectively reducing drawdowns during unfavorable market conditions. This system incorporates cutting-edge deep learning technology to significantly improve trend recognition accuracy. The core design goal of the system is to maintain break-even performance during range-bound markets while achieving higher profits t

599 USD

Do you want to level up or stay on the bench? NODE Neural EA allowed you to take your first steps in automated trading without complications. But now it's time to get serious. If you've already tried the easy way, it's time to jump to what really works. Introducing AXIS Neural EA , the next step in your journey towards efficient and profitable automated trading. Nobody trades alone here When you acquire AXIS, you're not just getting an expert advisor. You're joining a proven system and a commun

249 USD

Live signal Find out more here: https://www.mql5.com/en/users/prizmal/seller This trading robot is designed to execute trades on the AUD/CHF currency pair with precision and reliability. It incorporates robust capital management strategies to optimize returns while minimizing risk. The bot uses predefined stop-loss and take-profit levels to safeguard investments and lock in profits. By leveraging advanced algorithms and market analysis, it ensures disciplined trading and consistent perform

199 USD

Paradox Flux Trader: A Revolution in Gold Trading (XAU/USD) Imagine a tool that doesn’t just analyze the market but redefines the very approach to trading. Paradox Flux Trader is not just an Expert Advisor—it is a next-generation trading system designed exclusively for trading gold (XAU/USD). It utilizes unique technologies that set it apart from anything else on the market. Limited-Time Offer For a limited time, Paradox Flux Trader is available for just $499. After the promotion ends, the pric

499 USD

Moving Average Strategy EA MT5 Welcome to the pinnacle of automated trading with the Moving Average Crossover EA for MetaTrader 5. This expert advisor is meticulously designed to harness the power of moving averages, offering traders a versatile solution for capturing trend reversals and potential entry points. With an array of customizable settings and robust features, this EA is set to redefine your trading strategies and amplify your trading experience. For detailed documentation General

40 USD

About The Product This is an mt4 expert advisor which will let the end user to copy trades from a source mt4 account to N different mt4/mt5 account in the same pc. It is specially useful when you want to copy your trades from an account to several client account or accounts which will have different parameter for those trades. This product provides options to copy trades with different options as well as copy them in reverse. Note: Download and test the MT4 Local Trade Copier Pro demo ve

30 USD

About The Product This is an MT5 expert advisor which will let the end user to copy trades from a source mt5 account to N different mt5/mt4 account in the same pc. It is specially useful when you want to copy your trades from an account to several client account or accounts which will have different parameter for those trades. This product provides options to copy trades with different options as well as copy them in reverse. Note: Download and test the MT5 Local Trade Copier Pro demo versio

30 USD

MT5 Candlestick Pattern Alert Indicator: Enhance Trading Precision and Speed Overview The MT5 Candlestick Pattern Alert Indicator stands as a robust solution tailored to empower traders by swiftly detecting candlestick patterns and delivering timely alerts through various channels. This advanced tool facilitates efficient analysis of patterns, enabling traders to seize potential profitable trades promptly. Significance of Candlestick Patterns Candlestick patterns play a pivotal role in technical

FREE

Product Name: Grid Trade Manager MT5 Description: The Grid Trade Manager EA for MetaTrader 5 is meticulously crafted to oversee trades employing a grid trading strategy. It strategically places a sequence of pending buy and sell orders at predefined intervals, forming a grid pattern. This EA vigilantly monitors market fluctuations, dynamically adjusting the grid to optimize potential profits. Additionally, it incorporates robust risk management features to control grid size and curtail potential

FREE

Whether you're a seasoned forex trader or just starting, Telegram Signal Sender is a must-have tool for anyone looking to start their telegram channel as a forex signal provider. With its user-friendly interface and advanced features, you can easily set up your signals and watch as your followers start to grow. So, what are you waiting for? Features: Highly customizable panel for calculating stop loss and take profit values User-friendly interface for easy setup of forex signals Ability to se

30 USD

Super Trend Alert Indicator for MT5 is a powerful tool designed to help traders identify and follow market trends with precision. This indicator uses a proprietary algorithm to analyze price movements and provide clear trend signals, making it suitable for traders across all experience levels. You can find the MT4 version here Key features of the Super Trend Indicator include: Advanced trend analysis with real-time market scanning to detect potential trend directions. Real-time alerts that not

FREE

Double top and bottom indicator is a pattern scanning indicator which scans the tops and bottoms using zig zag pattern. When it find price bouncing back from the same point twice after a long trend then it generate arrow signals whenever the last resistance points is broken for double bottom and last support price broken for double top. Unlike other top bottom scanner it does not give only 1 signal. it alerts user when ever the last support /resistance is broker from double top/bottom pattern un

FREE

The Nadaraya Watson Envelop indicator for MT5 is a popular tool used by traders to identify trends and potential buy/sell signals. The indicator is based on a non-parametric regression model that uses kernel smoothing to estimate the underlying trend of the market. The resulting envelopes are then plotted around the trend line, providing traders with an indication of where prices are likely to fluctuate. One of the key features of this indicator is its ability to send alerts, emails, and notifi

35 USD

Introducing the Consecutive Green/Red Candle Alert Indicator for MT5 - Your Trend Spotting Companion! Are you ready to take your trading to the next level? We present the Consecutive Green/Red Candle Alert Indicator, a powerful tool designed to help you spot trends and potential reversals with ease. Whether you're a new trader looking for clarity in the market or an experienced pro seeking additional confirmation, this indicator is your trusted companion. Key Features of the Consecutive Green

FREE

Product Name: Hedge Trade Manager MT5 Description: The "Hedge Trade Manager" EA for MetaTrader 5 is a sophisticated solution designed to adeptly manage trades through a hedge trading strategy. With a range of configurable settings, this EA provides comprehensive control over hedge trades. The documentation below outlines the various inputs and parameters to assist you in customizing the EA to suit your trading preferences. Overall Settings/Input Guide Name Setting Description General Settings Ma

FREE

Brilliant Reversal Indicator for MetaTrader 5 - Your Ultimate Alert-Driven Trading Solution Unlock unparalleled trading success with the "Brilliant Reversal Indicator" tailored for MetaTrader 5. This powerful tool has been meticulously designed to empower traders by identifying critical reversal opportunities with lightning-fast alerts. Key Features: Precise Reversal Detection: The Brilliant Reversal Indicator for MT5 specializes in pinpointing potential trend reversals, providing you with a str

35 USD

MT4 Candlestick Pattern Alert Indicator: Stay Ahead of Trading Opportunities Overview The MT4 Candlestick Pattern Alert Indicator is a robust tool designed to empower traders by detecting candlestick patterns and delivering timely alerts through notifications, emails, and pop-up alerts. This invaluable tool saves traders precious time, allowing focused analysis on patterns and potential profitable trades. Importance of Candlestick Patterns Candlestick patterns are pivotal in technical analysis,

FREE

Product Name: Trailing Stop and Breakeven Management EA Description: This EA (Expert Advisor) is designed to set trailing stops and breakeven levels for trades based on input parameters and a magic number in MT5. It can be used to manage trades placed manually or by any other EA. The EA allows customization of various settings to suit your trading strategy. General Settings: Enable Magic Number (ENABLE_MAGIC_NUMBER): Enable to use a magic number for trades. Set to false for manual trades. Magic

FREE

Super Trend Alert Indicator for MT4 is a powerful tool designed to help traders identify and follow market trends with precision. This indicator uses a proprietary algorithm to analyze price movements and provide clear trend signals, making it suitable for traders across all experience levels. You can find the MT5 version here You can find the MT5 version here SuperTrend Multicurrency Scanner MT5 Download the Expert Advisor Supertrend Strategy EA MT5 Key features of the Super Trend Indic

FREE

Close Manager EA for MetaTrader 5 Introduction: Welcome to the Close Manager EA, an essential tool designed exclusively for MetaTrader 5. This expert advisor has been meticulously crafted to streamline and enhance the trade closure process. Whether trades are initiated manually or by other EAs, this tool offers a diverse range of customizable criteria, empowering traders with enhanced control over their trade exits. You can find the MT4 version here Key Features: Logs Capture (SHOW_LOGS): Enable

FREE

Introducing the Ultimate Trade Panel MT5 - Your All-in-One Trade Manager for MQL5 Trading Are you a trader looking to streamline your trading activities and gain a competitive edge in the market? Look no further! The Ultimate Trade Panel MT5 is here to revolutionize your trading experience on the MQL5 platform. With a plethora of unique and time-saving features, this expert advisor is designed to be your reliable companion for day-to-day trading activities. Key Features: Indicator Manager: Say g

30 USD

Account Trailing Stop Manager MT5 Description: The "Account Trailing Stop Manager MT5" EA is designed to automatically calculate and remember the profit of the entire account or specific magic number, and trail it like a trailing stop loss. When the current profit becomes lower than the last saved profit, it will close all trades. This EA provides a convenient way to manage trailing stops for your account. For detailed documentation Overall Settings/Input Guide High Level Overview of Feature

FREE

Relative Strength Index(RSI) Strategy EA MT5 Welcome to the RSI Trader EA, an advanced tool designed exclusively for MetaTrader 5. This expert advisor streamlines trading activities by harnessing the power of the Relative Strength Index (RSI) indicator, automating trade entries and exits based on overbought and oversold conditions. The EA also facilitates reverse trading setups within these zones, offering a versatile approach to managing trades. For detailed documentation General Settings/I

45 USD

Commodity Channel Index(CCI) Strategy EA MT5 automates trading activities based on the Commodity Channel Index (CCI) indicator's overbought and oversold conditions. It allows seamless execution of buy and sell trades upon CCI entry or exit into these predefined zones. Additionally, it offers the flexibility to reverse trade setups within these regions. For detailed documentation General Settings/Input Guide | Indicator Settings/Input Guide | Backtests and Set files You can find th

40 USD

Simple trade manager panel is a very usefull utility which gives the trader a flexibility to place orders and close them by profit and loss amount . It also helps in trailing the profit with amount. It works seamlessly on mt4 terminal. It has features to close specific order type or close all trades Features in nutshell Stoploss ,Takeprofit and Lot size control Book Profit based on amount Cut Loss based on amount Trail Profit after some time Close specific order Type Close all orders

FREE

The MT4 indicator that we are describing is designed to provide traders with an alert, notification, and email when Fibonacci levels are crossed. The Fibonacci levels are calculated based on the zigzag indicator, which helps to identify potential trend reversals in the market. When the indicator detects that a price has crossed a Fibonacci level, it will trigger an alert and send a notification to the trader's MT4 mobile app. Additionally, the indicator can be configured to send an email to the

FREE

This is very simple strategy based on martingale and reverse martingale strategy. When Ea keeps on winning it multiplies with winning multiplier ,when it has a loosing streak it multiplies with loosing multiplier. Whenever cycle goes from winning to loosing or vice versa the lot size will be reset to default one. This will keep the risk minimized as we are using it for both side. Also when we are in loosing streak we keep on changing the order type from its previous example for example if we hav

30 USD

Description This Expert Advisor mainly works on range breakout on a particular timeframe. The logic behind the this pretty simple. When a range is formed in any time frame (e.g. the range should be less than 20 pips and there must be atleast 30 candle in that range), this ea will wait for the range to be broken out on any direction. If the range is broken on the upper side it will enter into the buy position and hedge the lower ragne with sell position(Could be martingale multiplied lots). If i

30 USD

Nadaraya Watson Envelope Strategy EA MT4 is a single-currency expert advisor designed for traders focusing on trend reversals using the Nadaraya-Watson Envelope indicator. By identifying price reversals at the envelope's bands, the EA provides a robust yet straightforward trading strategy for specific markets. For detailed documentation Overall Settings/Input Guide | Indicator Settings, Backtest and Set files You can download the MT5 version here Nadaraya Watson Envelope EA MT5 High Leve

90 USD

Creating an Index: Importance, Customization, and Weighting Options for MT5 Trading Indicator Designing your index is crucial for efficient symbol tracking in the world of trading. With a powerful MT5 trading indicator, you gain the flexibility to construct an index that suits your preferences, whether it's an equal weighted or custom weighted one. Unlike widely-known indexes like the S&P 500, which heavily favor certain winners, this indicator empowers you to curate a basket of symbols and assi

30 USD

Introducing the Ultimate Trade Panel - Your All-in-One Trade Manager for MQL4 Trading Are you a trader seeking to streamline your trading activities and gain a competitive edge in the market? Look no further! The Ultimate Trade Panel is here to revolutionize your trading experience on the MQL4 platform. With a host of unique and time-saving features, this expert advisor is designed to be your trusty companion for day-to-day trading activities. Key Features : Indicator Manager - Say goodbye to t

30 USD

Directional Volatility and Volume Oscillator for MetaTrader 5 - Master Market Dynamics Discover the power of precision trading with the "Directional Volatility and Volume Oscillator" meticulously designed for MetaTrader 5. This advanced tool combines the insights of directional analysis, volatility measurement, and volume tracking to provide you with unparalleled market understanding. Basic Details : Indicator Type : Directional Volatility and Volume Oscillator for MetaTrader 5 Key Metrics : Rea

30 USD

Angle of Moving Averages This indicator is very simple yet powerful concept which constantly calculate the slope of the current bar moving average with respect to the N bar before moving average value. This no only give a good entry and exit signal but also it shows traders the strength of the signal. It shows positive green histogram when market is moving toward upward direction and red histograms for downtrend. When large histograms found means market has very strong trend. Inputs Available

30 USD

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Version 7.0 2025.01.05

trailing stop logic is corrected,both stoploss pip mode and amount mode will work.

Version 6.0 2024.12.24

grid increment calculation corrected

Version 5.0 2024.12.12

buffer optimization is done

Version 4.0 2024.12.06

enabled options to activate grid, hedge, and martingale together with warning
dashboard performance optimization
EA URL inclusion

Version 3.0 2024.11.01

safety feature performance improvement