TakePropips Donchian Trend PRO

TakePropips Donchian Trend PRO is a powerful and effective tool that automatically detects the direction of the trend and provide you an entry and exit signals. 

This multi-function indicator includes the Donchian Channelentry & exit signals, statistical dashboard panel, and a trend-detection scanner. It is designed to provide you trading signals and save you hours analyzing the charts!

https://www.mql5.com/en/market/product/60494

Main Features:

Automated entry & exit signals – detects trading opportunities and provides you with take profit & stop loss.

 

Trend Scanner – a multi-symbol and multi-timeframe scanner shows the direction of the trend, success rate, and rating

 

Statistical Dashboard Panel – shows the success rate, entry signal, and total profit/loss of each currency pair so you know exactly the result

 

Alerts, Email, and Push notifications – receive notifications when a new buy or sell signal is identified.

Customizable, non-repainting, no backpaints – you can customize the look and feel of the scanner to increase real estate. The indicator never repaints or backpaints.

Get E-Book Worth $100 for Free!!!

Min Deposit of 5$
Allow Cent Acount
Levergae up to 1:888

Min Deposit of 20$
Levergae up to 1:500
Spread 0, suitable for EA trading

How to setup a trade?

Make your trading much simpler with this easy simple steps!

1. Trade Analysis

  • Enter a trade if success rate is 70% or greater and the profit shows positive

2. Take Profit

  • Option 1 – Take profit on TP1
  • Option 2 – Partial Take Profit on TP1 and close remaining positions on TP2 and/or TP3
  • Option 3 – Take Profit on opposite signal and ride the trend

3. Stop Loss

  • Option 1 – set your fixed stop loss level based on provided SL value
  • Option 2 – exit your buy position on a new sell signal and exit your sell position on a new buy signal

 

Multi-Timeframe Analysis

To get the best results and generate higher probability of success, you can trade when the higher timeframe and the lower timeframe are in the same trend direction.

Recommended Multi-Timeframe Pairs:

  • M5 -> M15
  • M15 -> H1
  • H1 -> H4
  • H4 -> D1
  • D1 -> W1

The indicator works on all timeframes, forex pairs, indices and commodities.

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