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TakePropips Donchian Trend PRO

$98.00
  • Accurate Buy/Sell Signals
  • One Time Payment
  • Scanner Included

Version

Currently out of stock
Currently out of stock

License

Currently out of stock

NOTE: TakePropips Donchian Trend Pro is only sold here at takepropips.com and on MQL5 marketplace. If you see it on other websites, it is FAKE and the performance is not similar! Support and updates will not be provided on those who purchased or received the fake indicator on pirated websites.

Please DO NOT use the indicator if its using the older version 1.20 as it does not accurately detect the trend. The current version is 3.00 which already fixes this issue and added more functionalities to the indicator.

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!

How does it work?

This indicator scans the market for high probability trade setups and provides you with buy and sell signals on any pairs across all timeframes. You can choose any pairs and timeframes to receive signals. It will give you alerts when new signals are identified and provide you with entry price, take profit and stop loss level so you know exactly when to enter and exit the position.
 
You will also see the history results of the signals generated by the indicator on a dashboard panel to see if its profitability. A built in scanner will also be included in the indicator so you can easily find the trend direction and win rate of each pair and timeframe within the market.

 

Product Features

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

Donchian Channel

Donchian Trend Pro

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

Donchian Trend Pro Scanner


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

Donchian Trend Pro Signals

Alerts, Email, and Push notifications - receive notifications on your mobile or desktop when a new buy or sell signal is identified.

Trading Alerts

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.

Non repainting indicator

How to setup a trade?

Easy 1-2-3 setup!

1. Trade Analysis

Enter your trade when the indicator alerts you of a new buy or sell signal. For higher chance of success, only enter trades when success rate is 70% or greater.

2. Take Profit

The take profit price is automatically calculated and you will be provided with up to 3 take profit levels (TP1, TP2, and TP3).
  • 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

The stop loss price is automatically calculated and will be provided to you.
  • Option 1 - Set your stop loss at the specified price provided by the indicator
  • Option 2 - No stop loss. Exit your buy position on a new sell signal or 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.

Multi timeframe analysis

Recommended Multi-Timeframe Pairs:

  • M5 -> M15
  • M15 -> H1
  • H1 -> H4
  • H4 -> D1
  • D1 -> W1
The indicator works on all timeframes, forex pairs, crypto, indices and commodities. 

 

What's included in my purchase?

  • TakePropips Donchian Trend Pro Indicator
  • TakePropips Donchian Trend Pro Scanner
  • Lifetime support & free updates
  • PDF Instruction Manual
  • Installation instructions

NOTE: Once you’ve made your payment, you will be directed to the download page and an email will be sent to receive your copy of the TakePropips Donchian Trend Pro indicator.

How to install this software?

  1. Complete your purchase - Click "Add to Cart" and proceed to checkout.
  2. Download your software - you will receive an instant download link automatically after you made your purchase. It will be available for download immediately on the order confirmation page and it will also be sent to your email.
  3. Unzip the file - video tutorial link will be included for installation process.

What payment options are accepted?

We accept PayPal, Visa, Mastercard, and Bitcoin.

Video Demonstration

Here is a quick demonstration to showcase the indicator in action:

If you have any questions or suggestions, feel free to contact us at info@takepropips.com

 

Please note that TakePropips software applications are only sold on this website at takepropips.com and on MQL5 (https://www.mql5.com/en/users/takepropips/seller). Beware of scammers offering our products on other websites.

Version 1.10 - 01/15/2021

  • Code enhancements for faster performance

Version 1.20 - 01/19/2021

  • Added ability to manually adjust the Y-distance from the top corner of the Dashboard Panel & Scanner. The Y-Distance for panel will automatically adjust if One-Click Trading is shown on the chart.

Version 1.30 - 02/22/2021

  • Added ability to filter alerts by success rate
  • Added X Distance for panel and scanner. Also added ability to change button width
  • Added ability to modify the refresh rate of the scanner
  • Enhancements of the Donchian strategy to better reflect the trend of the market

Version 1.40 - 02/28/2021

  • Ability to change line width and change the X & Y distance of the minimized scanner

Version 2.00 - 04/02/2021

  • Modified the trading strategy for a more accurate trend detection

Version 2.70 - 08/03/2021

  • Added ability to automatically calculate TP based on risk/reward ratio
  • Added ability to calculate TP & SL using fixed values
  • Added ability to calculate SL using the Donchian Channels Bands
  • Modified TP & SL Multipliers default values to reflect ATR
  • Performance improvements and code optimization

Version 3.00 - 02/01/2022

  • Added new currency presets setting.
  • Added Take Profit 2 and Take Profit 3 values to trading signal alerts.
  • Added new setting to show the age of the last trading signal on the dashboard scanner.
  • Added ability to turn on/off trading signal alerts for specific timeframe(s).
  • Fixed incorrect stop loss value on trading signals alerts.
  • Added new setting to change font size of the dashboard panel. 
  • Added setting to automatically load chart template.
  • Improved performance and overall responsiveness of the dashboard scanner.

Does this indicator repaints?

No, our products does not repaint trading signals.

Does it give trading signal alerts on MetaTrader and mobile phone?

Yes, it will provide you with buy and sell trading signals alerts on MetaTrader and on your phone.

What information is shown on the trading signal notifications?

The trading signals notification will include the entry price, success rate, take profit 1, take profit 2, take profit 3, and stop loss values.

How many currency pairs can I use on the scanner?

The scanner supports all 28 popular currency pairs.

Does it also work on Gold, Oil, Indices and Crypto?

Yes, it will work with all symbols as long as you can trade it on MetaTrader.

Will I receive updates for this product?

Yes, you will be notified via email once new updates are released.

Is this a lifetime license?

Yes, this product is for lifetime license and does not expire.

Can I use this for prop firm trading such as FTMO?

Yes, this software has all the tools and information you need to increase your chances of passing any prop firm challenge.

I have more questions, how can I get support?

You can reach us via email at info@takepropips.com or chat with us using the Chat functionality on this website.

TakePropips Donchian Trend PRO

TakePropips Donchian Trend PRO

$98.00

Version

Currently out of stock
Currently out of stock

License

Currently out of stock