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Claimed profit factor
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Real-tick PF
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Seller price: Free
Submit source if you own this EAView on MQL5 ↗Donchian Channel Expert1.1
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.
Lab results
No lab results. The seller's backtest has not been reproduced.