Donchian Channel Scalping Strategy | Free mql5 Programming Tutorial Part 1

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Learn about the benefits of automated trading. After programming trading strategies for a while I started teaching how to program expert advisors for the MT4 (MetaTrader 4) and MT5 (MetaTrader 5). Until now I only did videos in German but now I will start this channel with English videos to reach a larger audience of traders and help them improve their trading. There will be no fake trading on this channel and no lies. I show trading as it is - the good and the bad sides. Stay tuned and subscribe because you don't want to miss ;)

Trading in derivative products such as futures, options, CFDs, Forex and certificates involves a considerable risk. These products are not suitable for every investor. Investors could potentially lose all or more of the original investment. If anything, only money that equals personal risk capital and can be lost without jeopardizing financial security or lifestyle should be used. Partially or fully automated trading programs can only be used to support the trader. Past performance is not an indication of future results.

[siracidprime]

My brother, You are finally back, I love new and live content you work on. Let's go let's get it 💯 %

[abimbolaobadare]

Yes. I've been checking every day since the announcement. Thanks for this❤.

I also want you to know that that I watched all your ads.

[paperchasn]

Another powerful learning experience. I've come a long way with your educational videos. Going to be interesting to see what else you apply to the logic. Keep it coming coach.

[michaelaldan]

just a side comment...if your tester is not working, and Rene says " choose every tick based on real ticks" it probably means (if you use downloaded data) that your imported custom data is NOT based on every tick...thus your tester wont work...i found this out the hard way after lengthy searches!!

[mauriziovese]

Hi, I follow your videos and find them interesting.
In some cases I can't follow the logic of the program as it jumps from one thing to another.
Could you start by creating a block diagram ( Flow Chart ) and then develop the individual pieces to make it easier to understand?

[mo_hobbz]

Very Great work, thank you so much, and this particularly EA is very promising, yet i thought about implementing an if() statement, so the current candle close would be above MA in buying and vice versa for selling, would you point out where in the code should i put this if() statement? thank you so much

[alexeykorchevnyy]

hi, greate job, please show creating "volume profile indicator"

[robertpaonessa]

hi rene, been watching your videos for a while now while trying to follow along and teach myself mql5 coding. I follow the entirety of the tutorial but once i reach the end and go to compile i continuously get a declaration of 'Magic' hides global variable. what am I missing here?

[mrkribo]

Hello, maybe if I can ask for u, can u join the lux trading firm chalannge?? And maybe create the content about lux trading firm

[motivationalgiants]

Can u make a video about chart patterns like head and shoulders pls sir

[opiktaofik]

hello, where I can get the indicator? I wan to try to code like you..🙂

[harshitakesarwani]

Add grid system trading with increasing lot size

[theBoy__]

Moin René, wollte mal Fragen, ob du zeithnah wieder ein EA-Review machen könntest bzw. mehrere. Ich und viele andere mögen die am meisten :)