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Donchian Channel With ATR Trailing Stop MT4 (MT4) — review, price and free alternatives
MT4 indicatorfree on MQL5by Kenichiro Sakamoto
Donchian Channel With ATR Trailing Stop MT4 is a free MetaTrader 4 indicator by Kenichiro Sakamoto on the MQL5 Market — download it there; we host no third-party files. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you use it.
Donchian Channel With ATR Trailing Stop MT4 — key facts
- Platform
- MetaTrader 4 (MT4)
- Product type
- Indicator
- Instrument named in the listing
- XAU/USD (gold)
- Developer
- Kenichiro Sakamoto
- Price
- Free
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Donchian Channel With ATR Trailing Stop MT4 on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
FREE — the Donchian breakout channel and the ATR trailing stop that manages the trade after the break, drawn on one chart.
Before you use Donchian Channel With ATR Trailing Stop MT4
What the developer claims
- Most breakout indicators show you the entry and stop there.
- The hard part of trend following is what happens next: where the stop goes, when it ratchets, and when the move is over.
- Gold arrows where a bar CLOSED beyond the channel — the momen.
Quoted from the listing. We have not tested these claims.
What to check first
- Where you download it. Only from its MQL5 page — copies passed around elsewhere can be altered.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on Donchian Channel With ATR Trailing Stop MT4
Compiled from its public MQL5 listing. FxRobotEasy has not traded Donchian Channel With ATR Trailing Stop MT4; what these notes say about how it works comes from that listing.
Overview
This comprehensive 2026 Donchian Channel With ATR Trailing Stop MT4 review examines real performance and trading analysis to help you make informed decisions. Donchian Channel With ATR Trailing Stop MT4 by Kenichiro Sakamoto represents a comprehensive automated trading solution for MT4 traders. What sets Donchian Channel With ATR Trailing Stop MT4 apart is its balanced approach to trade execution and capital preservation.
Risk notes
Donchian Channel With ATR Trailing Stop MT4 implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT4 platform compatibility
- Developed by experienced Kenichiro Sakamoto
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing Donchian Channel With ATR Trailing Stop MT4 on MT4 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Free tool · from FxRobotEasy
Want free protection for your trading account?
Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
EASY Fortressby FxRobotEasy
Free MT5 account guard — daily loss limit and drawdown lock. It opens no trades.
- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
- Run it and sign in inside the appGoogle, Telegram or e-mail — about 10 minutes in all.
- Pick EASY Fortress and set your limitsIt guards the account and opens no trades.
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The team's notes, every day
- What we ship, what breaks and how we fix it
- EASY Fortress in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
Donchian Channel With ATR Trailing Stop MT4 or EASY Fortress?
| Donchian Channel With ATR Trailing Stop MT4 | EASY Fortress | |
|---|---|---|
| How you get it | Free on MQL5 | Free installer |
| Platform | MT4 | MT5 |
| Public account reports | — | Not applicable |
| Made by | Kenichiro Sakamoto | FxRobotEasy |
Donchian Channel With ATR Trailing Stop MT4 — questions
What is Donchian Channel With ATR Trailing Stop MT4?
Donchian Channel With ATR Trailing Stop MT4 is a MetaTrader 4 indicator published on the MQL5 Market by Kenichiro Sakamoto, and it is listed at no charge. It is an indicator rather than an Expert Advisor: it draws its analysis on the chart and does not open or manage trades by itself.
Does Donchian Channel With ATR Trailing Stop MT4 work on MT4 or MT5?
Donchian Channel With ATR Trailing Stop MT4 runs on MetaTrader 4, not MetaTrader 5. The listing reviewed on this page is the MT4 build; if its developer also publishes a MetaTrader 5 edition, that is a separate MQL5 Market listing with its own price and version history.
Is Donchian Channel With ATR Trailing Stop MT4 free to download?
Yes -- Donchian Channel With ATR Trailing Stop MT4 is listed on the MQL5 Market at no charge, as recorded when its listing was last checked on 2026-07-14. The file is downloaded from the developer's (Kenichiro Sakamoto) product page on mql5.com and installed into MetaTrader 4.
Is there a verified track record for Donchian Channel With ATR Trailing Stop MT4?
FxRobotEasy has not traded Donchian Channel With ATR Trailing Stop MT4 on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for Donchian Channel With ATR Trailing Stop MT4 elsewhere comes from its developer or from a third party.
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Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.