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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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EURUSD Algo Trading è un EA semplice ma altamente efficace sulla piattaforma MT5. L’EA è progettato specificamente per la coppia di valute più stabile al mondo, EURUSD. L'EA utilizza una strategia di day trading, con il 90% delle operazioni chiuse entro poche ore. Si concentra sull'identificazione dei livelli chiave nel timeframe H1 per trovare punti di ingresso e impostare livelli di Stop Loss (SL) appropriati e predefiniti. L'EA supporta una funzione di trailing stop, aiutando i trader a prot
Wall Street Killer
Pablo Dominguez Sanchez
5 (2)
After 6 Years of Successful Manual Trading, My Strategies Are Now Available as Expert Advisors! Introducing the WallStreetKiller EA – a trading system built from years of hands-on experience, extensive testing, and a steadfast commitment to secure, strategic trading. After 6 years of refining high-probability strategies in live markets, I’m now coding and sharing these robust strategies with the trading community. With WallStreetKiller, you’re equipped with a powerful, safe, and results-oriented
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News Master Pro
Ebrahim Mohamed Ahmed Maiyas
News Master Pro: Your Personal News Trading Expert Advisor for MetaTrader 5 Overview Created by an experienced individual trader with a passion for automating smart trading strategies, News Master Pro is an advanced Expert Advisor (EA) designed to capitalize on economic news events. With a focus on simplicity and effectiveness, this EA automatically pulls real-time news data from the MetaTrader 5 calendar and makes strategic trading decisions based on the news, requiring no manual input or
Smartr Grid
Ebrahim Mohamed Ahmed Maiyas
Expret: The Ultimate Grid Strategy Expert Advisor for MT4 Revolutionize Your Trading with Expret Expret is a cutting-edge Expert Advisor (EA) designed for MetaTrader 4, leveraging the powerful Grid Strategy to maximize your trading potential. Whether you're a novice trader or a seasoned professional, Expret offers unparalleled customization and control to adapt to your unique trading style. Key Features: 1. Advanced Grid Strategy: Expret employs a sophisticated Grid Strategy, designed to capi
Smartr Zone
Ebrahim Mohamed Ahmed Maiyas
Expret: The Ultimate Recovery Zone Strategy Expert Advisor for MT4 Revolutionize Your Trading with Expret Expret is a cutting-edge Expert Advisor (EA) designed for MetaTrader 4, leveraging the powerful Recovery Zone strategy to maximize your trading potential. Whether you're a novice trader or a seasoned professional, Expret offers unparalleled customization and control to adapt to your unique trading style. Key Features: 1. Advanced Recovery Zone Strategy: Expret employs a sophisticated Reco
Smarter Grid
Ebrahim Mohamed Ahmed Maiyas
Expret: il consulente esperto di strategia di rete definitiva per MT5 Rivoluziona il tuo trading con Expret Expret è un Expert Advisor (EA) all'avanguardia progettato per MetaTrader 5, che sfrutta la potente strategia Grid per massimizzare il tuo potenziale di trading. Che tu sia un trader alle prime armi o un professionista esperto, Expret offre personalizzazione e controllo senza precedenti per adattarsi al tuo stile di trading unico. Caratteristiche principali: 1. Strategia di rete avanzat
Smarter Zone
Ebrahim Mohamed Ahmed Maiyas
Expret: The Ultimate Recovery Zone Strategy Expert Advisor for MT5 Revolutionize Your Trading with Expret Expret is a cutting-edge Expert Advisor (EA) designed for MetaTrader 5, leveraging the powerful Recovery Zone strategy to maximize your trading potential. Whether you're a novice trader or a seasoned professional, Expret offers unparalleled customization and control to adapt to your unique trading style. Key Features: 1. Advanced Recovery Zone Strategy: Expret employs a sophisticated Reco
Spectra MT5
Ebrahim Mohamed Ahmed Maiyas
Unleash the Power of Sideways Trading with the Spectra Expert Advisor Maximize your trading success with the Spectra   Expert Advisor, specifically engineered to excel in sideways market conditions. Designed for traders who want to capitalize on stable, non-trending markets, this expert offers a unique blend of simplicity and advanced functionality. Why Choose the Spectra   Expert Advisor? 1. Optimized for Sideways Markets:    - This expert is finely tuned to perform exceptionally well
Sewing Candles
Ebrahim Mohamed Ahmed Maiyas
Unleash the Power of Sideways Trading with the Sewing candles Expert Advisor  Maximize your trading success with the   Sewing candles  Expert Advisor, specifically engineered to excel in sideways market conditions. Designed for traders who want to capitalize on stable, non-trending markets, this expert offers a unique blend of simplicity and advanced functionality. Why Choose the   Sewing candles Expert Advisor?  1. Optimized for Sideways Markets:    - This expert is finely tuned to pe
Triple Indicator Pro
Ebrahim Mohamed Ahmed Maiyas
Triple Indicator Pro: ADX, BB & MA Powered Trading Expert Unlock precision trading with Triple Indicator Pro, an advanced Expert Advisor designed to maximize your market edge. Combining the power of the ADX (trend strength), Bollinger Bands (market volatility), and Moving Average (trend direction), this EA opens trades only when all three indicators align, ensuring high-probability entries. Whether you're targeting trends or breakouts, this expert is optimized for consistent, informed decisio
Multi Indicator Trading
Ebrahim Mohamed Ahmed Maiyas
Multi-Indicator Trading Expert Advisor Maximize your trading potential with this powerful, automated Expert Advisor designed for MetaTrader 5. It combines multiple technical indicators to generate precise entry and exit signals. The EA employs a comprehensive strategy using a mix of popular indicators such as Moving Averages, RSI, MACD, Bollinger Bands, and Stochastic Oscillators, providing a well-rounded analysis of market conditions. Key Features: Multiple Indicator Strategy: Utilizes a comb
Ninja AI
Ebrahim Mohamed Ahmed Maiyas
The Ninja AI uses the Donchian Channel EA to find entry signals – just like the famous turtle trades did back then. The indicator is simple but yet effective. It is used by professional traders for many years and now also part of the MT5 framework. If you ever wanted to use the indicator's signals for scalping entries, this is the right EA for you. No Martingale or Grid needed. This is NOT the holy grail of trading. It will not make you rich over night and it is not risk free. Just a honest trad
Smart MA Expert
Ebrahim Mohamed Ahmed Maiyas
Smart Moving Average EA - Maximize Profits, Minimize Losses This expert advisor (EA) uses a highly intelligent Moving Average strategy designed to capture profitable trends while actively minimizing risk. Unlike standard strategies, this EA adapts to market volatility by dynamically adjusting entry and exit points, ensuring you stay in profitable trades longer and exit unprofitable trades quickly. Key Features: Adaptive Moving Average Analysis: Tracks the trend with optimized Moving Averages, ad
Neural Network expert
Ebrahim Mohamed Ahmed Maiyas
AI Neural Network EA - Maximize Profits, Minimize Losses with Smart AI Technology This expert advisor (EA) leverages advanced neural network technology to analyze market patterns, making highly accurate trading decisions in real time. Unlike traditional EAs, the AI Neural Network EA continuously learns from past price actions, allowing it to adapt to changing market conditions and maximize your profits while strategically managing risk. Key Features: Intelligent AI-Driven Analysis: Powered by a
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