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  • What's new

Channel trade

The Expert Advisor fits candlesticks into a channel. Once the channel is broken, a trade is opened.

It is a new trade direction for me.

However I can estimate its prospects.

The EA will be further updated to implement new ideas.

It can work on any period starting from M1. Candlesticks can be fitted into a channel on any timeframe.


  • Distance - distance from the center line
  • Miscalculation - miscalculation of the number of bars for maximum and minimum
  • Delta - deviation from the center to calculate the range
  • Percentage - percent of bars within the central line
  • Size - position size, if 0, calculated from the free margin
  • AutoCalcPos - automated lot calculation
  • Risk - risk of deposit
  • Magic - unique ID of orders
  • OrdersNumber - the number of opened orders
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Version 1.1 - 2015.09.22
Order maintenance logic changed.