Donchian Channel Trader

MQL4 전문가

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Hi, Please can you help program this indicator to trade as EA


Thanks Richard,

Project is the:

Donchian Channel Trader

The 3 lines drawn by the Donchian Channel with Middle Line and Shift found at https://www.mql5.com/en/market/product/9127 need to have the following functions.
1). To be selectable as either pending BUY or SELL order or set the stop loss of the order or set a Take profit, after the following conditions are met;
a) At the price cross of the previous high or low of the any Donchian Line, + or – ‘x’ Pips.
b) At the close of the candle above or below the previous high or low of any Donchian Line, + or – ‘x’ Pips.
c) At the Stop loss or Take profit + or – ‘x’ Pips above or below any Donchian Line.
Please also include:
a)    A breakeven function, with a trailing stop and step selection after ‘X’ Pips.
b)    A time function in hours, when the EA becomes able to enter trades (eg. 10 hours after daily open).
c)    A selectable magic number for the EA, to identify it’s trades.
The EA would likely need the following inputs to carry out the above which could be achieved by either input entry in the EA list or commands on the chart.
Top Line = Buy, Sell, Buy Close + x pips, Stop Loss - x pips, Take Profit + x pips. Breakeven= after x pips, Trail= after x pips, step of trail= x pips. Line colour selection.
Mid Line = Buy, Sell, Buy Close + x pips, Stop Loss - x pips, Take Profit + x pips. Breakeven= after x pips, Trail= after x pips, step of trail= x pips. Line colour selection.
Bottom Line = Buy, Sell, Buy Close + x pips, Stop Loss - x pips, Take Profit + x pips. Breakeven= after x pips, Trail= after x pips, step of trail= x pips. Line colour selection.
Hours after Daily open trades are allowed to be placed = x hours.
Magic number = 12345





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