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Seller price Free

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Seller price: Free

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Donchian Channel Expert1.1

Developed byLakshya Pandey6 EAs on record
Not testedBreakoutTrend followingEURUSDM1MetaTrader 5

Seller claims

grid no · martingale no · SL yes

EALegit summary — unaudited listing

Donchian Channel Expert is a MetaTrader expert advisor that trades breakouts of Donchian Channel bounds, confirmed by an RSI momentum filter and an ATR volatility filter. It enters when price breaches the highest high or lowest low over a user-defined period, places an adaptive stop loss at the opposite channel band, and uses a trailing stop with a take-profit set as a multiple of the stop distance. Risk controls include auto-lot sizing by risk percentage, daily trade limits, a maximum daily loss cutoff, account profit targets, and a time filter for London/New York sessions. It is optimized for EURUSD on M1 charts but can be applied to any forex, crypto, or commodity symbol on any timeframe.

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