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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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Monitoring of real trading Advisor -  https://www.mql5.com/en/signals/2264971 My other products    -      click here Keep in mind that the results on different brokers may differ, I recommend testing on your broker before using it (you can ask me for a list of recommended brokers in the PM). If you have any additional questions, write to me in the PM. A fully automatic Expert Advisor that does not require additional settings, I recommend using it with default settings, for trading on the GBPUSD
US100 Nasdaq EA
Babak Alamdar
5 (2)
Experts
Acquista non un backtest, ma un vero sistema di trading       Live Signal 1       Live Signal 2     Live Signal 3 Questo prezzo è temporaneo per la durata della promozione e verrà aumentato a breve Al prezzo attuale sono rimaste solo poche copie Benvenuti al Nasdaq EA US100 US100 Nasdaq EA: il tuo vantaggio nel Nasdaq in rapida crescita L'US100, noto anche come USTech o Nasdaq, si distingue come uno degli indici più impegnativi a causa della sua rapida crescita negli ultimi anni e delle s
Boring Pips MT5
Thi Thu Ha Hoang
4.75 (32)
Experts
Ti sei mai chiesto perché la maggior parte degli esperti consulenti non è efficace nel trading reale, nonostante la loro perfetta performance nei backtest? La risposta più probabile è Over-fitting. Molti EA vengono creati per 'imparare' e adattarsi perfettamente ai dati storici disponibili, ma falliscono nel prevedere il futuro a causa di una mancanza di generalizzabilità nel modello costruito. Alcuni sviluppatori semplicemente non conoscono l'esistenza del Over-fitting, o ne sono a conoscenza
Midas Killer
Pablo Dominguez Sanchez
Experts
Dopo 6 anni di trading manuale di successo, le mie strategie sono ora disponibili come Expert Advisors! Presentiamo il Midas Killer EA – un sistema di trading progettato per XAUUSD (Oro) , costruito su anni di esperienza pratica, test approfonditi e un impegno costante verso un trading sicuro e strategico. NESSUNA GRIGLIA, NESSUN MARTINGALA, NESSUN MOLTIPLICATORE DI LOTTI. GESTIONE DEL RISCHIO RIGOROSA PER OGNI OPERAZIONE. SEGNALI LIVE IC TRADING GRUPPO PUBBLICO DI CHAT MIDAS KILLER   (Scrivimi
London Bell
Inrexea Limited
Experts
Please do not pm me if you are asking for: Discount (Price will go back to the original price of 3800 in the future) Backtesting result (We don't trust misleading information) "LDB" employs a method called "portion of lots," which is the best solution to handle multi-broker quotations, especially during Red News events. Seamless Compatibility with Slap all News, Tokyo Hot, and London Bell   for running multiple EAs in the same account Signal Monitor:  Profile Product Highlights: Advanced Inrexe
Apocalypse Gold
Xian Qin Ceng
5 (14)
Experts
A molte persone piace il trading XAUUSD e io non faccio eccezione. Dopo aver accumulato esperienza di trading e duro lavoro, ho creato questo Apocalypse XAU EA appositamente per il trading di tutte le varietà correlate a XAU, come   XAUUSD/XAUEUR/XAUGBP/XAUCHF /XAUJPY/XAUAUD. Tuttavia, considerando che molte persone potrebbero non aver bisogno di scambiare tutte le coppie di valute XAU, ma solo XAUUSD, un EA entry-level diventa molto significativo. Quindi ho deciso di creare Apocalypse Gold, un
Bitcoin Scalping MT5
Lo Thi Mai Loan
5 (3)
Experts
Presentazione di Bitcoin Scalping MT4/MT5 – L'EA intelligente per il trading di criptovalute PROMOZIONE DI LANCIO: Solo 3 copie rimaste al prezzo attuale! Prezzo finale: 3333,33 $ BONUS - ACQUISTA BITCOIN SCALPING A VITA E OBTIENI GRATUITAMENTE EA EURUSD Algo Trading (2 conti) => Chiedi maggiori dettagli in privato!!! SEGNALE LIVE EA Versione MT4 Perché Bitcoin è importante oggi Bitcoin è diventato più di una semplice valuta digitale: è una rivoluzione finanziaria. Come pioniere delle cript
Supply Demand EA ProBot MT5
Georgios Kalomoiropoulos
4.4 (10)
Experts
Un consulente completamente automatizzato basato sui principi della domanda e dell'offerta . Siamo la prima azienda a fornire requisiti e indicazioni completamente automatizzati. Il trading ora è diventato più semplice e hai il pieno controllo sulla tua strategia di trading. Utilizza un comodo pannello di controllo grafico. Ottieni un software di trading algoritmico di altissima qualità con oltre 15.000 righe di codice. Requisiti della guida ProBot per le proposte EA Il modo migliore per div
AI Tune
Saeid Soleimani
4.17 (6)
Experts
AI TUNE: Advanced Algorithmic Trading Solution   Live Performance ( Previous result in  MQL5 Channel ) SPECIAL OFFER!   Get a FREE Gold Trading Bot (valued at $199) with your purchase of AI TUNE!   AI TUNE is a cutting-edge forex and metals trading bot that leverages artificial intelligence to analyze market data and execute trades. This sophisticated system processes vast amounts of information in real-time, identifying potential opportunities and managing risks with precision. Backtesti
CoreX G
Arseny Potyekhin
4.75 (8)
Experts
Panoramica Il CoreX G EA è un sistema di trading avanzato progettato specificamente per affrontare le complessità del mercato Forex. Sfruttando reti neurali all'avanguardia, tecnologie sofisticate di machine learning e una strategia integrata di big data, CoreX G offre una precisione e sicurezza eccezionali nel trading. Questo Expert Advisor (EA) si distingue per l'eccellenza tecnologica e il supporto clienti di alta qualità, garantendo che gli utenti ricevano sempre assistenza per qualsiasi do
Altri dall’autore
Neural Network expert
Ebrahim Mohamed Ahmed Maiyas
Experts
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
FREE
Triple Indicator Pro
Ebrahim Mohamed Ahmed Maiyas
Experts
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
FREE
Smarter Zone
Ebrahim Mohamed Ahmed Maiyas
Experts
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
FREE
Smartr Zone
Ebrahim Mohamed Ahmed Maiyas
Experts
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
FREE
Spectra MT5
Ebrahim Mohamed Ahmed Maiyas
Experts
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
Experts
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
Multi Indicator Trading
Ebrahim Mohamed Ahmed Maiyas
Experts
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
Experts
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
Experts
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
Super MACD Pro
Ebrahim Mohamed Ahmed Maiyas
Experts
The expert uses 3 MACD indicators to open trades. Advantages of the expert : You have full control over all three indicators. Use advanced stop loss and advanced trade closing. Risk Management. You can use the Grid . You can handle the news. You can control the number of trades and the conditions for opening a trade such as (Margin Limit , Spread Limit , Slippage , Timer Interval , Magic Number) The Expert Advisor is very profitable if you use the right inputs for the right chart. It is prefe
AI Price Breakout expert
Ebrahim Mohamed Ahmed Maiyas
Experts
A discount on the expert for a week, so don't wait! ,Final price 197.00 Advisor's advantages: It does not use grid, multipliers and martingale. The expert uses two moving average lines to determine the pending order areas. The expert adjusts the orders automatically. The expert uses high-precision algorithms. Best Pairs & Recommendations : Input MA_Period 75 MA_Method Simple TakeProfit 100 PipDifference 50  MaximumRisk  2  Symbol USDJPY     Timeframe H1 Broker any broker Account typ
Price increase
Ebrahim Mohamed Ahmed Maiyas
Indicatori
A price increase indicator calculates range and price changes in percent. It is very useful when you look at the chart. It helps you make decisions to open deals when the price is at the lowest level do not open sell deals and open buy deals and when it is at the highest level do not open buy deals open sell deals, it is not an entry signal for deals but to know the lowest and highest price that will reach in an hour or four hours a day or a week or a month as a whole for the period
Best MA expert
Ebrahim Mohamed Ahmed Maiyas
Experts
It does not use grid, multipliers and martingale. - The robot uses two moving averages of the same period to build a channel and then trade when the price breakouts out of it. - Uses a band of two same period MAs - one over High prices, one over Low prices. - The EA showed some interesting long-term profit. - The expert adjusts the orders automatically. Smart Trade Management:   Only opens trades with high win potential based on trend validation, keeping your account safe from volatile swings.
Trade Assistant MT
Ebrahim Mohamed Ahmed Maiyas
Utilità
It helps to calculate the risk per trade, the easy installation of a new order, order management with partial closing functions, trailing stop of 7 types and other useful functions. Attention, the application does not work in the strategy tester. Line function   -   shows on the chart the Opening line, Stop Loss, Take Profit. With this function it is easy to set a new order and see its additional characteristics before opening.   Orders management The panel supports market and pending orders
MA Crossover EA MT5
Ebrahim Mohamed Ahmed Maiyas
Experts
Moving Average Crossover EA – Smarter, Simpler, Profitable The  Moving Average Crossover EA is your ultimate trading assistant, designed to simplify trend trading and boost profits. By using three moving averages—fast, medium, and slow—it identifies strong market trends and filters out false signals. This EA adapts to any market or timeframe, executing trades only when the trend is confirmed. With built-in risk management, including stop-loss and take-profit, it protects your capital while maxim
BREAK Support AND Resistance EA
Ebrahim Mohamed Ahmed Maiyas
Experts
The BREAK Support and Resistance EA is a cutting-edge trading solution designed to capitalize on market breakthroughs at critical price levels. Using advanced algorithms, this EA identifies support and resistance zones with precision and executes trades when the price breaks through, signaling strong momentum. This strategy allows you to catch powerful trends early, with built-in features to minimize false breakouts. The EA includes robust risk management options like customizable stop-loss and
OOP Ma STOCH ea
Ebrahim Mohamed Ahmed Maiyas
Experts
OOP MA STOCH EA – Intelligent Trading with Modern Programming The OOP MA STOCH EA combines the power of Object-Oriented Programming (OOP) with two of the most reliable technical indicators: Moving Average (MA) and Stochastic Oscillator (STOCH). Designed for traders who seek precision and efficiency, this EA leverages the clean, modular structure of OOP to deliver an advanced and reliable trading experience. Why This EA Stands Out: Smart Indicator Integration: The EA uses the Moving Average to id
Envelopes expert MT5
Ebrahim Mohamed Ahmed Maiyas
Experts
Envelopes Expert EA – Precision Trading with Adaptive Channels The Envelopes Expert EA leverages the power of the Envelopes indicator to trade market trends and reversals with precision. Designed for traders seeking consistency, this EA identifies price movements within dynamic channels, capturing opportunities while minimizing risk. Why Choose This EA? Adaptive Channel Strategy: Uses the Envelopes indicator to detect overbought and oversold levels, enabling high-probability entries and exits. T
FVG Breakout EA
Ebrahim Mohamed Ahmed Maiyas
Experts
FVG Breakout EA – Harness the Power of Fair Value Gaps The FVG Breakout EA is designed to capitalize on the market’s natural imbalances. By pinpointing Fair Value Gaps (FVG) and combining them with a breakout strategy, this expert advisor ensures you stay ahead of the curve. It intelligently identifies prime opportunities for entries and exits, optimizing your trades for maximum efficiency and profit potential. With robust risk management and precision execution, the FVG Breakout EA adapts to ma
Cascade Ordering EA
Ebrahim Mohamed Ahmed Maiyas
Experts
Cascade Ordering EA – Precision Trading with Dual Moving Averages The Cascade Ordering EA brings a refined approach to trading by leveraging the power of two moving averages. This expert advisor identifies dynamic market trends through the interaction of fast and slow-moving averages, ensuring precise entries and exits at key turning points. The "cascade" strategy focuses on layering orders intelligently, adapting to market fluctuations to optimize gains while minimizing risk. It’s ideal for tra
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Versione 1.1 2024.12.18
The expert has been developed to provide better performance.