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Donchian Channel EA MT4 Description : 

Donchian Channel EA depends on our mainstream Donchian Trend Pro marker! This EA utilizes a pattern exchanging methodology dependent on the Donchian Channel marker with extra key pointers to distinguish high likelihood pattern arrangements.

The Donchian Channel EA doesn't utilize risky techniques. No Martingale, No Grid, No Arbitrage, Only Real Stop Loss and Take Profit.

Suggestions:

H1 time period

Sets are EURUSD, GBPUSD, USDJPY, AUDUSD, USDCAD, NZDUSD, and USDCHF. Set documents are accessible for get-togethers.

A VPS is energetically prescribed to stay away from interferences. In the event that you don't have VPS, recently let your PC run for the whole day.

The least store is $100 per pair.

Test on the demo account first to ensure your arrangement is right. Utilize okay and increment your danger continuously as you get more productive.

Best Brokers List 

The Donchian Channel EA works with any broker and any type of account, but we recommend our clients to use one of the top forex brokers listed below:

BROKER NAME	REGISTER	Year Founded	Headquartered	Leverage	Minimum Deposit	Regulating
	Register	2007	🇦🇺 Australia 🇨🇾 Cyprus 🇧🇸 The Bahamas 🇸🇿 Seychelles	1:1000	$200	ASIC, SCB, FSA
	Register	2008	🇨🇾 Cyprus	1:Unlimited	$10	CySEC, FCA, FSCA, FSA, BVI
	Register	2009	🇧🇿 Belize	1:2000	$10	FSC
	Register	2009	🇧🇿 Belize	1:3000	$1	IFCS
	Register	2009	🇨🇾 Cyprus 🇦🇺 Australia 🇧🇿 Belize 🇦🇪 Emirates	1:1000	$5	ASIC, CySEC , IFSC
	Register	2010	🇦🇺 Australia	1:500	$200	FCA , ASIC, DFSA
	Register	2011	🇬🇧 England	1:500	$25	CySEC
	Register	2006	🇪🇭 Ireland	1:400	$100	CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

Donchian Channel EA MT4 Settings :

Principle Features:

Multi-Timeframe Trend Trade Filter

The Donchian Channel EA can recognize a higher time span pattern to ensure that your entrance time span and its higher time span are a similar way of the pattern.

Win Percentage Rate Trade Filter

The EA can channel exchanges dependent on the past win pace of the current instrument you are exchanging.

Following Stops

The EA will consequently change the stop misfortune to secure benefits.

When TP1 is hit, the stop misfortune for TP2 and TP3 will consequently be moved to breakeven (passage cost).

When TP2 is hit, the stop misfortune for TP3 will naturally be moved to TP1 cost.

All Orders Are Protected By Stop Loss

Keeps away from pointless tremendous misfortune because of high market instability. Have a stop misfortune particularly when the market instability out of nowhere spikes higher and it heads the other way to your exchanges.

Auto Lot Size Calculation

The Donchian Channel EA can consequently compute the vital part size for your orders dependent on the danger rate you determined.

Alarms, Email and Push Notifications

Get alarms from MetaTrader, email notices, and message pop-ups to cell phones when the EA makes new requests.

No Martingale, No Grid, No Arbitrage

This Donchian Channel EA doesn't utilize risky systems, just genuine stops misfortune and takes benefits.

Auto Close Orders On Opposite Signal

The EA will naturally close requests when another contrary sign is identified.

3 Take Profit Orders

The EA will make 3 orders with 3 diverse take benefits to boost your benefit potential. You can adjust on the off chance that you lean toward only 1 request, 2 orders, or each of the 3 orders.

Open Orders Time Restriction

The EA can open requests simply by a predetermined beginning time and end time.

3 Options to Set Your Take Profit and Stop Loss

Hazard/reward proportion - you can set your favored danger/reward proportion and it will auto-compute your TP dependent on the size of your SL

Fixed worth in Pips - you can indicate a proper measure of pips for setting the size of TP and SL

ATR Multiplier - you can indicate the multiplier worth of the ATR to be utilized for figuring the TP and SL

Donchian Channel Backtest:

Download Donchian Channel Pips EA :

We highly recommend trying the Donchian Channel EA for at least a week with ICMarket demo account. Also, familiarize yourself with and understand how this system works before using it on a live account.

Ps : We are using a hidden name of this tools

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