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Donchian expert

The basic strategy with the Donchian Channel is often to:

  • Buy when the price breaks above the upper band (indicating a potential uptrend).
  • Sell when the price breaks below the lower band (indicating a potential downtrend).

Key Parameters

  1. Period: The number of periods used to calculate the high and low for the bands.
  2. Upper Band: Highest high over the last N periods.
  3. Lower Band: Lowest low over the last N periods.
  4. Middle Band (optional): Average of the upper and lower bands.

This code will:

  • Open a buy trade when the price closes above the upper band.
  • Open a sell trade when the price closes below the lower band.
  • Close any open trade if the price crosses to the opposite band.



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5 (3)
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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
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I asked the Deepseek AI ​​to create the best trading expert for mt5 , And Uses the best trading strategy. Features : It has high money management. It is not dangerous because it does not use complications. Open and close deals professionally. I don't know what it is used for opening and closing trades but its performance is excellent, you can try it and you will like it
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Version 1.1 2024.12.18
The expert has been developed to provide better performance.