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Equidistant Channel - expert for MetaTrader 4
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With "Equidistant Channel" EA you can draw Equidistant Channel on the chart and trade with price breakthrough or trend,has 3 buttons for manual trading and allows to predetermine trailing stoploss & take profit, open and close all trades at once.
- Try it on demo first
- It is possible to activate a hedge fund protocol for low drawdown
- ==================HEDGE FUND PROTOCOL==========================
- HEDGE FUND PROTOCOL -Enabale Draw dwon control (values:true/false).
- Close basket at +0.10% MIN_PROFIT_PERCENT (values:0.1-0.6).
- Close basket at -0.50% MAX_LOSS_PERCENT (values: 0.5-0.8).
- HEDGE FUND PROTOCOL_SLIPPAGE (values: 10-50).
- =================================================================
- Use_TP_In_Money- Use Take Profit In Money (values:true/false).
- TP_In_Money- Take Profit In Money (values: 10-100).
- ------------[Money Trailing Stop For Multiple Trades]----------------------
- Enable_Trailing-Enable_Trailing with money (values:true/false).
- Take Profit In Money (in current currency) (values: 25-200).
- Stop Loss In Money(in current currency) (values: 1-20).
- Loss Index (values: 1.1-2).
- --------------------------------------------------------------------------------------
- Channel name
- 1 st point's date, %
- 1 st point's price, %
- 2 nd point's date, %
- 2 nd point's price, %
- 3 rd point's date, %
- 3 rd point's date, %
- Channel color
- Style of channel lines
- Channel line width
- Background channel
- Filling the channel with color
- Highlight to move
- Channel's continuation to the right
- Hidden in the object list
- Priority for mouse click
- USESTOP - Enable automatic "STOP" function (values: 0-1).
- Lots - Lots size (values: 0.01-10).
- MaximumRisk - maximum risk from total margin in %, (values: 0.01 - 0.3).
- If "MaximumRisk =0" then "Lot=constant"
- DecreaseFactor - decrease from total margin if you lose a trade.
- Stop_Loss - Stop Loss (values: 10-100).
- MagicNumber - Magic number (values: 1-100000).
- TakeProfit - Take Profit (values: 10-100).
- NumberOfTrades-Number Of Trades(values: 1-10).
- ----------------IF YOU USE ONLY 1 TRADE:-----------------------
- //////////////////////////////////////////////////
- TrailingStop-set a value from 40 to 100 to activate trailing stop loss & take profit, "0" will not activate trailing stop loss.
- Enable "Break Even" -(values:true/false).
- When move "Break Even"- (values: 5-30).
- How much pips move- "Break Even" (values:5-30).
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