Donchian Trend Pro EA 2.0
TakePropips Donchian Trend Pro EA uses the smart algorithm of the Donchian Trend Pro Indicator to detect strong trends and to filter out false signals.
TakePropips Donchian Trend Pro EA is based on our popular Donchian Trend Pro indicator!
This expert advisor uses the smart algorithm of the Donchian Trend Pro Indicator to detect strong trends and to filter out false signals.
The EA does not use dangerous strategies. No Martingale, No Grid, No Arbitrage, Only Real Stop Loss and Take Profit.
Multi-Timeframe Trend Trade Filter
- The EA can detect higher timeframe trend to make sure that your entry timeframe and its higher timeframe are in the same direction of the trend.
- Example: If you enter a buy position on H1 timeframe, the EA will detect if the next higher timeframe (H4) is also in an uptrend. This way, we reduce false signals and improve the accuracy of the trades!
WinPercentage Rate Trade Filter
- The EA can filter trades based on previous win rate of the current instrument you are trading.
- Example: The EA will only enter a position if the previous win rate is 70% or greater. This way, we only enter quality trades with higher win percentage rate, resulting in higher success rate.
- The EA will automatically modify the stop loss to lock in profits.
- Once TP1 is hit, the stop loss for TP2 and TP3 will automatically be moved to breakeven (entry price).
- Once TP2 is hit, the stop loss for TP3 will automatically be moved to TP1 price.
All Orders Are Protected By Stop Loss
- Avoids unnecessary huge loss due to high market volatility. It’s very important to have a stop loss especially when the market volatility suddenly spikes higher and it goes the opposite direction to your trades.
Auto Lot Size Calculation
- The EA can automatically calculate the necessary lot size for your orders based on the risk percentage you specified.
- Example: If you only want to risk 2% of your equity per trade, the EA will automatically calculate the proper lot size allocation for all 3 TP orders. You can also manually set the lot size if that’s you preferred.
Alerts, Email & Push Notifications
- Get alerts from MetaTrader, email notification, and push notifications to mobile phones when the EA creates new orders.
No Martingale, No Grid, No Arbitrage
- This EA does not use dangerous strategies, only real stop loss and take profits.
Hidden Stop Loss & Hidden Take Profits
- The EA allows you to hide your stop loss from your broker so they can’t intentionally hunt for your stops!
- EA will automatically close your order once the price hits your stop loss or your take profit.
Auto Close Orders On Opposite Signal
- The EA will automatically close open buy orders when a new sell signal is detected. Similarly, it will automatically close open sell orders when a new buy signal is detected.
3 Take Profit Orders
- The EA will create 3 orders with 3 different take profit to maximize your profit potential.
- You can however modify to either only enter with 1 order, 2 orders, or 3 orders.
High Spread and SlippageProtection
- The EA will not enter a trade if the current instrument is currently trading at a higher than normal spreads. This will help you avoid trading on low volume with high spreads.
The EA will work with any forex pairs, indices, crypto and commodities. It is not broker sensitive and you can trade as low as $100.
Recommended timeframe is M15, H1 & H4.
What you’ll get:
- TakePropips Donchian Trend Pro EA
- TakePropipsDonchian Trend Pro Indicator + Scanner
- PDF Instruction Manual
Specification: Donchian Trend Pro EA 2.0
3 reviews for Donchian Trend Pro EA 2.0
TakePropips Donchian Trend Pro EA Input Parameters.pdf
TakePropips Donchian Trend Pro EA Manual.pdf
TakePropips Donchian Trend Pro Indicator Manual.pdf
TakePropips Indicator Installation Guide.pdf