Trading Robots for MetaTrader 5
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MetaTrader 5
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Overview
Unlock the Power of Systematic Trend Following
The Price Action Breakout Maven EA is a sophisticated automated trading system that captures powerful market trends through proven breakout methodology. Based on Richard Donchian's legendary trend-following strategy, this EA has been optimized for modern markets with advanced risk management and multi-timeframe analysis.
? Why Choose Our Donchian Channel EA?
✅ Proven Strategy: Based on the turtle trading system that made millions
✅ Advanced Features: Multi-timeframe analysis, volume filtering, and intelligent breakouts
✅ Flexible Risk Management: Built-in position sizing, trailing stops, and break-even protection
✅ Market Versatility: Optimized for forex, indices, commodities, and cryptocurrencies
✅ User-Friendly: Simple setup with powerful customization options
✅ Professional Grade: Institutional-quality features for retail traders
PARAMETER REFERENCE
Core Donchian Settings
Parameter Default Range Description
InpDonchianPeriod 20 5-200 Number of bars for channel calculation
InpBreakoutBars 1 1-5 Bars required to confirm breakout
InpUseTrendFilter true true/false Enable additional trend confirmation
Trend Analysis Settings
Parameter Default Range Description
InpTrendMAPeriod 50 10-500 Moving average period for trend filter
InpTrendMAMethod 0 0-3 MA method (0=SMA, 1=EMA, 2=SMMA, 3=LWMA)
InpTrendMAPrice 0 0-6 Price type for MA calculation
Volume Analysis Settings
Parameter Default Range Description
InpUseVolumeFilter false true/false Enable volume-based filtering
InpVolumeMultiplier 1.5 1.0-5.0 Volume threshold multiplier
InpVolumeMAPeriod 20 5-100 Period for average volume calculation
Multi-Timeframe Settings
Parameter Default Range Description
InpUseMTFAnalysis false true/false Enable higher timeframe analysis
InpHigherTimeframe 240 15-1440 Higher timeframe in minutes
InpHTFTrendMAPeriod 50 10-200 HTF moving average period
InpHTFTrendMAMethod 1 0-3 HTF MA method
Risk Management Settings
Parameter Default Range Description
InpRiskPercent 2.0 0.1-10.0 Risk percentage per trade
InpStopLossPoints 100 10-1000 Stop loss in points
InpTakeProfitRatio 2.0 1.0-10.0 Take profit ratio (multiple of SL)
InpMaxSpread 30 1-100 Maximum spread allowed for entry
InpMarginSafetyFactor 2.0 = 200% coverage
Advanced Features
Parameter Default Range Description
InpUseTrailingStop true true/false Enable trailing stop
InpTrailingStart 50 10-500 Points profit before trailing starts
InpTrailingStep 25 5-100 Trailing step in points
InpBreakEvenEnabled true true/false Enable break-even protection
InpBreakEvenStart 30 10-200 Points profit to move to break-even
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# LEGAL DISCLAIMER AND RISK WARNING
## IMPORTANT: READ BEFORE PURCHASING OR USING THIS EXPERT ADVISOR
### RISK DISCLOSURE
**FOREX AND CFD TRADING INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS.**
- Past performance does not guarantee future results
- You could sustain a loss of some or all of your initial investment
- Trading with leverage amplifies both potential profits and losses
- Market conditions can change rapidly and unpredictably
- Technical analysis and algorithmic trading strategies may fail
### DISCLAIMER OF LIABILITY
By purchasing and/or using this Expert Advisor (EA), you acknowledge and agree that:
1. **NO GUARANTEE OF PROFITS:** This software does not guarantee profits or freedom from losses. All trading involves risk.
2. **BUYER ASSUMES ALL RESPONSIBILITY:** You assume full responsibility for all trading decisions and any resulting profits or losses when using this EA.
3. **LIMITATION OF LIABILITY:** The seller, developer, and any affiliated parties shall not be held liable for any direct, indirect, incidental, special, or consequential damages arising from the use of this software, including but not limited to:
- Trading losses
- Lost profits
- Data loss
- System failures
- Broker-related issues
4. **NO FINANCIAL ADVICE:** This EA is a software tool only and does not constitute financial, investment, or trading advice. You should consult with qualified financial advisors before making trading decisions.
5. **USER RESPONSIBILITY:** You are responsible for:
- Understanding how the EA works
- Setting appropriate risk parameters
- Monitoring all trades
- Ensuring compatibility with your broker
- Compliance with local regulations
### SOFTWARE DISCLAIMER
- This software is provided "AS IS" without warranty of any kind
- No guarantee that the software will be error-free or uninterrupted
- Updates and support are provided at the developer's discretion
- Results may vary between different brokers, account types, and market conditions
### REGULATORY COMPLIANCE
- You are responsible for ensuring compliance with all applicable laws and regulations in your jurisdiction
- Some jurisdictions may restrict or prohibit the use of automated trading systems
- Consult local financial authorities if uncertain about regulatory requirements
### INTELLECTUAL PROPERTY
This Expert Advisor is protected by copyright and intellectual property laws. Unauthorized distribution, reverse engineering, or resale is strictly prohibited.
### ACCEPTANCE OF TERMS
By purchasing this product, you confirm that you:
- Have read and understood this disclaimer
- Accept all risks associated with forex trading
- Agree to hold harmless the seller and developer
- Will not pursue legal action for trading losses
- Understand that trading results may vary significantly
**⚠️ WARNING: Only risk capital that you can afford to lose. Never trade with money you cannot afford to lose.**
**By using this Expert Advisor, you acknowledge that you have read, understood, and agree to be bound by this disclaimer.**
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*This disclaimer is effective as of the date of purchase and supersedes all previous versions.*
