Donchian MACD Breakout EA: Free MT5 Expert Advisor

Overview

Donchian MACD Breakout EA utilizes a higher timeframe for trend direction while identifying entry opportunities on lower timeframes. The robot includes a trend memory mode designed to manage entries after price retracements. Risk management features include per-timeframe trailing stops, ATR-based volatility filters, and configurable EMA exits for profit-taking. It provides visual on-chart indicators for Donchian levels and price protection structures.

Multi-timeframe Donchian Channel breakout

MACD crossover and scan entry modes

Trend memory for continuation after retracement

Per-timeframe trailing stop management

ATR-based volatility filtering

Details

Author

fuimeng85 on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Breakout, Trend following, Indicator crossover

Markets

Any symbol

Timeframes

M1-M5, M15-H1, H4 and above

Risk profile

No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.

EA files

Source

github.com/fuimeng85/mt5-breakout-ea

Input parameters

Read from Breakout(v5.55).mq5. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`InpHTF`	`ENUM_TIMEFRAMES`	`PERIOD_H4`
`InpDonchianPer`	`int`	`20`
`InpMinChRangePts`	`int`	`300`
`InpUseATRFilter`	`bool`	`false`
`InpATRPeriod`	`int`	`14`
`InpATRMult`	`double`	`1.5`
`InpUseTrendMemory`	`bool`	`false`	启用“突破后趋势记忆/延续”模式（?
`InpMem_BreakCandleLevel`	`bool`	`true`	A) 突破K低/高保护：BUY用突破K低点，SELL用突破K高点
`InpMem_XBarsLevel`	`bool`	`true`	B) X根HTF结构位保护：BUY用最近X根HTF最低，SELL用最近X根HTF最高
`InpMem_XBarsLookback`	`int`	`3`	X=几根HTF（含突破K）
`InpMem_PctRetraceLevel`	`bool`	`true`	C) 百分比回撤保护：基于突破后最高/最低与breakLevel的回撤百分比
`InpMem_RetracePercent`	`double`	`50.0`	?

Show all 40 inputs

Name	Type	Default	Description
`InpShowTM_Lines`	`bool`	`true`	画出 Donchian / XBars / Memory 水平线
`InpShowTM_History`	`bool`	`false`	是否保留历史线(开启后每次突破都保留；否则只保留当前)
`InpShowTM_MaxHistory`	`int`	`50`	历史线最大保留数量(每种线各自计算)
`InpShowTM_DonchianLine`	`bool`	`true`	显示 Donchian Break 线
`InpShowTM_XBarsLine`	`bool`	`true`	显示 XBars Protect 线
`InpShowTM_MemoryLine`	`bool`	`true`	显示 Trend Memory Active 线
`InpShowTM_LabelFontSize`	`int`	`9`	标签字体大小
`InpUseH4`	`bool`	`true`
`InpUseH1`	`bool`	`true`
`InpUseM30`	`bool`	`true`
`InpUseM15`	`bool`	`true`
`InpUseM5`	`bool`	`true`
`InpH4_IgnoreDonchian`	`bool`	`false`
`InpH1_IgnoreDonchian`	`bool`	`false`
`InpM30_IgnoreDonchian`	`bool`	`false`
`InpM15_IgnoreDonchian`	`bool`	`false`
`InpM5_IgnoreDonchian`	`bool`	`false`
`InpH4_UseBreakScan`	`bool`	`false`
`InpH4_BreakScanBars`	`int`	`5`
`InpH4_BreakScanMode`	`EMacdScanMode`	`MACD_SCAN_CROSS`
`InpH1_UseBreakScan`	`bool`	`false`
`InpH1_BreakScanBars`	`int`	`5`
`InpH1_BreakScanMode`	`EMacdScanMode`	`MACD_SCAN_CROSS`
`InpM30_UseBreakScan`	`bool`	`false`
`InpM30_BreakScanBars`	`int`	`5`
`InpM30_BreakScanMode`	`EMacdScanMode`	`MACD_SCAN_CROSS`
`InpM15_UseBreakScan`	`bool`	`false`
`InpM15_BreakScanBars`	`int`	`5`

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone fuimeng85/mt5-breakout-ea from GitHub, and unzip it.

2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.

3Copy the filesCopy the .mq5 file into Experts.

4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.

5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.

Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

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