Technical Indicators for MetaTrader 4

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MetaTrader 4

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Ambitious Donchian

ambitious-donchian-logo-200x200-9466
189 $142 $

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Information

Indicators
MetaTrader 4
Abdulkarim Karazon
1.0
10

Overview

Ambitious Donchian EA can be downloaded from comment section but it need the ambitious donchian indicator to work.

Ambitious Donchian is a Donchian Channel and XO histogram based indicator that gives buy and sell signals in form of up and down arrows with tp and sl as objects on chart.
features :
1. Tp and Sl for each signal , the tp and sl can be selected as based on points or ATR value from indicator settings.
2.backtesting dashboard : the dashboard shows the following according to your inputted settings and tp and sl value :
    1.Conted Bars : how many bars used in backtest
    2.Verification mode : optimistic/pessimistic , if a trade hit tp and sl on same candle and optimistic mode is on than it is counted as win other wise its a loss
    3.total signals : number of given signals
    4.total closed : number of closed signals
    5.total signals won : number of won signals
    6.total signals lost : number of lost signals
    7.total pips profit : number of pips gained

============================================
    parameters :
    1.TP in points
    2.SL in points
    3.ATR Tp switch on/off , if off indicator will use Tp in points
    4.ATR Tp Value
    5.ATR Sl switch on/off , if off indicator will use Sl in points
    6.ATR Sl Value
    7.Various tp/sl objects on chart color and settings
    8.alert on/off
    9.alert previous , indicator will try to give pre alert if possible
    10.Dashboard colors/position and text settings
    11.Donchian Channel Period
    12.Xo Histogram Periods
    13.ATR period  
=============================================
Entry Conditions:
 
Buy : Up Arrow Appear on new candle open, open buy trade and set tp and sl as drawn on chart , tp is the green dot and sl is the red x mark.

Sell : Down Arrow Appear on new candle open, open sell trade and set tp and sl as drawn on chart , tp is the green dot and sl is the red x mark.
====================
VERY IMPORTANT : you need to have the xo histogram and donchian channel indicators in your mt4 indicators folder , you can get them from first comment on this product page

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Simply send a request for refund or exchange with your order number by email: [email protected].
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