TakePropips Donchian Trend Pro Changelogs History

Version 7.00 - 12/16/2024

Trade Signals Stats (New)

Ability to view more statistics and performance of the trading signals generated on your chart. The following information have been added to the Trade Signals panel:
- Profit Factor – indicates the ratio of how much profit was earned for every point lost.
- Expected Payoff – calculates the average amount of profit (or loss) expected per trade in points.
- Total Profit – calculates the total profit in points gained from all winning trades.
- Total Loss – calculates the total loss in points gained from all losing trades.
- Average Win – calculates the average profit in points per winning trade.
- Average Loss – calculates the average loss in points per losing trade.
Added ability to see the statistics and performance of the trading signals between different TP targets, from TP1, TP2, TP3, or all TP targets.
Added a new switch icon on the Trade Signals panel to allow to switch between different information.
Modified the “Profit” statistic to calculate the net profit of the selected TP target(s), instead of partial TP targets from earlier versions.
Modified the “Success Rate” statistic to show the average win rate of all TP targets, or the win rate of the selected TP target, instead of just showing win rate of TP1 from earlier versions.
Modified the “Rating” statistic to rely more on profit factor rather than win rate.

Trade Signals (Improved)

Calculating for profit/loss and wins/loss from the trading signals will now be counted separately for each TP target, instead of partial TP target calculations from earlier versions. E.g., if TP1, TP2, and TP3 hits the take profit target or stop loss, then that will count as 3 wins or 3 losses respectively.
The profit/loss points of the trading signals on the chart will now show the count of the TP targets that resulted in profit or loss (x3 for all 3 TPs or x2 for only 2 TPs).
These improvements will make it much easier to track the performance of each TP target.

Trend Scanner (Improved)

Modified the default trend scanner data to “Rating” instead of TP1 win rate from earlier versions. This provides a better way to quickly see which pairs and timeframes resulted in a more profitable and higher probability signals. The best rating starts with A+ and the worst rating ends with F.
The Rating is calculated based on profit factor. A higher profit factor will result in higher rating.
Added new input setting “Trend Scanner TP Data” under the section “Trend Scanner” which allows you to change which TP target is used to calculate the data for the trend scanner. You can check which TP data the trend scanner is calculating by hovering your mouse on the trend scanner boxes.

Trade Signal Alerts (Improved)

Added “Rating” to each trading signal alerts, which can indicate the profitability and quality of the signals. The best rating starts with A+ and the worst rating ends with F.
Modified the “Win %” to take the average win rate of all enabled TP targets instead of just TP1.
Added win rate % (WR) and Rating of for TP1, TP2, and TP3 on trading signal alerts.

Support/Resistance Trading Signals Stop Loss (Improved)

Modified the default stop loss calculation for trading signals to use market structure such as support/resistance key levels.
Added 2 new input settings “Minimum ATR SL for S/R Calculation” and “Maximum ATR SL for S/R Calculation” under “Stop Loss Calculation” section. It is used to set the minimum and maximum SL size in case the support/resistance levels are too close and/or too far away from the entry price of the trading signal.

Dashboard Shortcut Tools (New)

Added new trend scanner refresh icon on the top left corner of the dashboard to manually refresh the data shown on the trend scanner.

Toggle Alerts & Data Trend Scanner (New)

Added new toggle icons next to the timeframe names on the trend scanner, which can be clicked to quickly enable or disable the alerts and scanner data for specific timeframes.

Bug Fixes

Fixed the delayed alert when a new trading signal is detected for the pair and timeframe of the current chart.
Other bug fixes and performance improvements.

Version 6.01 - 07/01/2024

Bug Fixes

Minor bug fixes and performance improvements.

Version 6.00 - 06/05/2024

Currency Strength Meter (New)

Added the Currency Strength Meter on the trading dashboard.
Used to identify the strength and weakness of each major currency in real time.
Ability to customize and add additional instruments on the Currency Strength Meter.
New input settings have been added to show/hide the Currency Strength Meter, and inputs for additional instruments.

Bug Fixes

Minor bug fixes and performance improvements.

Version 5.00 - 08/28/2023

Trading Signals Confluence (New)

You can now enable additional confluences to the main trading signals.

MACD Confluence (New)

You can enable the MACD indicator as a confluence for the trading signals.

RSI Confluence (New)

You can enable the RSI indicator as a confluence for the trading signals.

Stochastic Confluence (New)

You can enable the Stochastic indicator as a confluence for the trading signals.

Moving Average Confluence (New)

You can enable the Moving Average indicator as a confluence for the trading signals.

Double Moving Average Confluence (New)

You can enable the double moving average strategy as a confluence for the trading signals.

Dashboard Auto-Resize (New)

The entire dashboard can now be resized manually based on the available space on your chart.
New dashboard sizes of extra small, small, regular, large, and extra large to accommodate different screen sizes of user’s machine.

Bug Fixes

Minor bug fixes and performance improvements.

Version 4.21 - 07/03/2023

Bug fixes and performance improvements.

Version 4.20 - 04/17/2023

License Dashboard (New)

You can now manage your licenses directly on our new TakePropips Dashboard website.
You can activate and update accounts on your license at any time.
You will now be notified automatically on the terminal once a new version is released so you can download the latest version.
Download all your purchased products and other resources directly on the dashboard website.

Trend Scanner (Improved)

Improved success rate and trend detection for the trend scanner boxes.
Fixed some inconsistencies with the trend scanner boxes showing incorrect success rate percentage.

Other Bug Fixes

Version 4.10 - 01/15/2023

Technical Data Panel (New)

Shows the data of technical indicators such as RSI, Stochastic, MACD, and Moving Averages
Shows a timer countdown for the next bar on the current chart
Shows the current high, low, open, close, and change percentage for the current chart
Shows current spread of the pair

Watermark (New)

Added ability to show a watermark of the pair name and timeframe on the chart

Screener (Updated)

Updated to show a colored row separator for easier viewing

Chart Signals Visibility Icon (Updated)

Updated the ability to show or hide the trading signals, buy & sell arrows, and trend lines on the current chart.

Bug Fixes

Fixed the Range meter not updating on pairs that have symbol suffix input
Fixed a warning alert if the pair names do not match on the market watch window
Fixed conflict when two or more instances are running on the same terminal
Other bug fixes and improvements

Version 4.00 - 12/30/2022

New & Improved Indicator

The entire indicator has been rebuilt from scratch with new features, improvements, and provides user a new enhanced experience compared to previous version

Forex Trading Sessions (New)

Added Forex Market Session feature for New York, London, Tokyo, and Sydney Session
Added range calculation in points for highs and lows for each trading session

Screener (New)

Shows data of various technical indicators of all pairs on the dashboard and timeframes
Added technical data of indicators such as RSI, Stochastic, MACD, 200 SMA, 50 SMA, CCI, WPR, ATR, and Momentum
Shows symbol information for all pairs on the dashboard such as Bid, Ask, Spreads, Swap Long, Swap Short, Min Lot, Lot Step, Max Lot and, Margin 1 Lot

Trend Scanner Data (New)

The Trend Scanner Data allows you to change the data or number shown on each box of the trend scanner.
The default data shows the success rate of the trading signals for each pair and timeframe
You can change the data shown on the trend scanner to the bar age of the last signal, rating, total number of signals, total wins, total loss, RSI, and Stochastic

Notifications History (New)

Notifications History shows you the history of the trading signal alerts sent out by the indicator
You can filter the results by date and pairs
Added pagination and sorting of data functionality
You can enable/disable notifications directly on this dashboard

Trade Signals Panel (Updated)

Added “Total Signals” which shows the total number of signals generated for a particular pair and timeframe
Added “Last Signal Age” which shows the age of the last signal generated

Keyboard Shortcuts (New)

You can now navigate through different pairs and timeframes on the dashboard using arrow keys and navigate through different dashboard panels using number keys

Chart Screenshot (New)

Chart Screenshot gives you the ability to take a screenshot of the current chart with one click
The file is saved on your Files folder on the MQL directory

Plus, Regular, & Mini Dashboard Sizes (New)

You can change the size of the main dashboard depending on your preference

Price, Change %, & Spreads (New)

The dashboard now shows the current price, daily change percentage, and spreads for each pair

Average Daily Range Column (New)

Average Daily Range (ADR) is now displayed on the dashboard and it’s used to measure volatility of an asset

Range Meter Column (New)

The Range meter shows visual representation of its current price relative to the highs and lows of the current daily candle
A meter that is more green shows that the current price is near the highs of the daily candle
A meter that is more red shows that the current price is near the lows of the daily candle

Toggle Sound / Alerts (New)

You can now enable / disable alerts and sounds directly from the dashboard by clicking the bell and sound icon on the top left corner of the main dashboard

Dark Theme / Light Theme (New)

You can switch between dark theme and light theme on the dashboard by clicking the eye icon on the top left corner of the main dashboard

Stop Loss Buffer ATR (New)

You can further increase the size of your stop loss by using ATR as a buffer
This is used mostly as a buffer when selecting support / resistance as your SL calculation

Chart Signals (Updated)

Color green on chart signals represents buy signal and yellow represents sell signal
Cleaned up chart signals and removed unnecessary arrows on chart

Other Bug Fixes

Version 3.00 - 02/01/2022

Added new currency pre-sets 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.

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 2.00 - 04/02/2021

Modified the trading strategy for a more accurate trend detection

Version 1.40 - 02/28/2021

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

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

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 1.10 - 01/15/2021

Code enhancements for faster performance

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