FairPrice Donchain
- Эксперты
- Paul Timothy Turculetu
- Версия: 1.5
FairPrice Donchain is a free, trend-following breakout Expert Advisor designed to capture significant market moves by dynamically computing Donchian channels. The algorithm identifies breakout signals by comparing the previous bar’s close against a channel derived from historical highs and lows—ensuring that trades are entered when clear trends emerge.
Key features include:
- Dynamic Channel Calculation: The EA calculates the highest high and lowest low over a user-defined period, enabling it to detect breakouts in real time.
- Robust Risk Management: Lot size is determined dynamically based on your account balance and risk percentage. It also includes stringent volume, margin, and stop loss/take profit checks to ensure compliance with broker settings.
- Trailing Stop Functionality: Once a trade is in profit, the EA adjusts the stop loss automatically to secure gains while allowing the trade to run in your favor.
- Multi-Symbol Compatibility: FairPrice Donchain is fully optimized for instruments including USDJPY, USDCHF, and XAUEUR, making it versatile for traders with different asset preferences.