Doda Donchian Metatrader 4 Indicator

A modificated version of the well known turtle indicator with very simple rules to buy and sell currencies. Works with all currency pairs and timeframe’s. The indicator contains an automated suggested stop-loss for long and short trades.

Trading Rules

BUY: Price breaks and closes above the red line.
SELL: Price breaks and closes below the red line.
TRAIL: Trail stop-loss a few pips above/below the red line.

Download

Download the Doda Donchian Metatrader 4 indicator.

EUR/USD Daily Chart Example

doda-donachian-indicator-mt4

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