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Doda-Donchian with stop-loss feature – indicator for MetaTrader 4

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Old 01-03-2018, 14:59
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Default Doda-Donchian with stop-loss feature – indicator for MetaTrader 4

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This is the modified version of Donchian channel indicator, popularly known as famous turtle indicator. I’ve modified it after removing 2 lines. The result is a single line, making a simple but one of the powerful indicator.

Buy: When price closes above Doda-Donchian line

Sell: When price closes below Doda-Donchian line

Stop-loss: Few pips away from Doda-Donchian line.

Works with any currency pair, CFD etc.

How to install Doda-Donchian with stop-loss feature – indicator for MetaTrader 4.mq4?


    Download Doda-Donchian with stop-loss feature – indicator for MetaTrader 4.mq4
    Copy Doda-Donchian with stop-loss feature – indicator for MetaTrader 4.mq4 to your Metatrader Directory / experts / indicators /
    Start or restart your Metatrader 4 Client
    Select Chart and Timeframe where you want to test your MT4 indicators
    Search "Custom Indicators" in your Navigator mostly left in your Metatrader 4 Client
    Right click on Doda-Donchian with stop-loss feature – indicator for MetaTrader 4.mq4
    Attach to a chart
    Modify settings or press ok
    Indicator Doda-Donchian with stop-loss feature – indicator for MetaTrader 4.mq4 is available on your Chart

How to remove Doda-Donchian with stop-loss feature – indicator for MetaTrader 4.mq4 from your Metatrader Chart?


    Select the Chart where is the Indicator running in your Metatrader 4 Client
    Right click into the Chart
    "Indicators list"
    Select the Indicator and delete

Click here below to download:

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