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Profrobotrading Channel EA

300 USD

Demo downloaded: 7

Published: 31 May 2025

Current version: 1.13

Profrobotrading Channel EA

Utilities
Irina Cherkashina
Version: 1.13
Activations: 5

With this Expert Advisor, you can seamlessly integrate various channel, arrow, and reversal indicators. It offers the flexibility to use all popular channel trading strategies, while also providing powerful tools to customize your trading conditions and risk management system.

The Expert Advisor opens orders when the price crosses the channel boundaries. Multiple crossing conditions are available for customization:

Price touches boundary on re-entry into the channel
Price touches boundary on channel exit
Closed bar
Price leaves the channel zone
Price re-enters the channel zone
Price leaves and re-enters the channel zone.

The Expert Advisor offers three primary conditions for closing orders, as well as several auxiliary options:

Close at channel's opposite border
Close at channel median
Close at fixed TP

Three types of indicators are used for auxiliary conditions: the standard reversal indicator Parabolic SAR, a color-changing reversal indicator, and an arrow-based indicator.To use other custom indicators, simply specify their names and buffer numbers in the Expert Advisor settings, making sure they are saved in your trading terminal beforehand.

There is a specific feature when using the Parabolic SAR indicator for order closing. In the settings, you will find two Take Profit levels: MinTP1 and NewMinTP1.

MinTP1, as with other auxiliary indicators, is the minimum profit distance (in pips) required to validate the indicator’s signal.

NewMinTP1 is an additional profit distance used after the Parabolic SAR has reversed. This optional condition is provided

because, in many cases, price tends to react or even reverse when the Parabolic SAR changes direction.

Please note that when using a reversal-type auxiliary indicator with color change upon trend shift, you can choose different strategies for closing orders — either when the trend shifts in the direction of the open order or in the opposite direction.

For example, if a buy order is opened upon crossing the lower boundary of the channel, the reversal indicator at that moment may show a downward trend — meaning the order is opened against the trend of that indicator. Therefore, you can choose which reversal signal should be accepted: a shift from downtrend to uptrend or vice versa.

This behavior can be customized by adjusting the buy/sell buffer values of the indicator in the Expert Advisor settings.

For risk management, the Expert Advisor offers two filters based on the number and total lot size of open orders. These filters allow applying new parameters only when certain thresholds are met.

Additionally, a special condition is available to close orders once a specified number or volume is reached using a custom Take Profit. This helps to close the grid and thereby eliminate potential risks.

Note: Review the Profrobotrading Channel EA setup and understand its logic before use. Expert Advisor has two trading modes for the trader to choose from - mono and multicurrency. The indicators used must be saved in the trading terminal, and for multicurrency trading their historical data must be loaded for all trading pairs. To do this, you just need to open windows with trading pairs and used indicators for a few seconds.

The download version has a multi-currency panel, which fits better with the black background of the terminal. If you want a panel with other colors - please contact us.

Here you can download our indicators for free, which are used in the download version of the EA (do not forget that all indicators used in this EA must be saved in your terminal):

ATR Channels PRT:

https://www.mql5.com/en/market/product/140235?source=Site+Market+MT4+Search+Rating006%3aATR+Channels+PRT

Super Arrow PRT:

https://www.mql5.com/en/market/product/140240?source=Site+Market+MT4+Search+Rating006%3aSuper+Arrow+PRT

MA in color PRT:

https://www.mql5.com/en/market/product/140238?source=Site+Market+MT4+Search+Rating006%3aMA+in+color+PRT

more...

Screenshot #1 Profrobotrading Channel EA

Screenshot #2 Profrobotrading Channel EA

Screenshot #3 Profrobotrading Channel EA

Screenshot #4 Profrobotrading Channel EA

Screenshot #5 Profrobotrading Channel EA

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L H E D G E R S C A L P E R A fully automated Expert Advisor that uses counter-trend scalping, managed semi-martingale strategy and lock hedging to execute a complete trading scheme from entry analysis to risk-calculated money management to exit analysis plan execution. V E R Y I M P O R T A N T You can use only ECN type of account. Otherwise, it's a disaster. You can use only the GBPJPY currency pair. Open and attach with 1 chart only. Use a minimum of $5

999 USD

P Y R A M I D E X P E R T This Forex utility is a complex exit strategy and order management tool that executes four trading methods; scalping, pyramid style, hedging, and scaling method to close trades with a profit. V E R Y I M P O R T A N T This is not a stand alone expert advisor. Use it with your own volatility-based strategy. Once you found the currency pair to trade, you can just attach this tool to the chart of the chosen pair and it will do the

490 USD

Tool sends trades when open and close with chart to telegram channel. Tool can send multiple charts and magic numbers and pairs from a single chart. Send information of all type of orders: Opened (including Pending Orders), closed tiggered, and modified orders. Telegram Setup instruction Open your Telegram APP and search for "BotFather". Type /start and click/type /newbot to create a new bot. Give your bot a nickname and username (e.g., nickname: Bestnavisignal and username: Bestnavisignal

400 USD

The EA Protection Filter ( MT5 version here ) provides a news filter as well as a stock market crash filter, which can be used in combination with other EAs. Therefore, it serves as an additional protective layer for other EAs that do provide such filters. During backtest analysis of my own night scalpers, which already use a stock market crash filter, I noticed that the historic drawdown, especially during stock market crash phases like 2007-2008, was reduced significantly by using such a fil

500 USD

FiboPlusWave Series products Ready-made trading system based on Elliott waves and Fibonacci retracement levels . It is simple and affordable. Display of the marking of Elliott waves (main or alternative option) on the chart. Construction of horizontal levels, support and resistance lines, a channel. Superposition of Fibonacci levels on waves 1, 3, 5, A Alert system (on-screen, E-Mail, Push notifications). Features: without delving into the Elliott wave theory, you can immediately open one of

875 USD

AntiMartingale-Execution is a pyramidal Money Management system capable of increasing positions as equity increases using the positive margin of the transaction. It is possible to set the capital for each operation, the operating and maximum margins and the target level to be reached. Once the general trade settings have been made, it is possible to preview the grid of operations that will be activated by pressing the BUY / SELL button. If necessary, it is also possible to close all operations

339 USD

The utility for semi-automatic trading, order management, can also be used to restore losing positions on the account. Has the function of reducing the drawdown on the account by overlapping unprofitable orders. It can work with manual orders, orders opened from the panel or orders opened by another EA. It has a minimum of parameters, is easy to configure, and works with any number of orders. For testing, use the visual mode in the strategy tester. MT5 version https://www.mql5.com/en/market/p

360 USD

Monitor floating profit of trades and close half of the lot size when profit reach target. Can monitor either all trades in whole account or by specified magic number. Can set amount of slippage and spread tolerance. Can set retry times and sleep seconds if split order was rejected Can set max split order times. Able to close trades after split when floating profit goes down and near 0, to prevent lose.

480 USD

This universal expert advisor is based on our own Algorithm, which is based on effective and time-tested Elliot Wave Theory. This expert advisor is ideal for working both on a flat and during sharp or protracted trend movements (thanks to the Martingale method, according to which averaging positions are opened in accordance with the multiplier and distance set in the settings for accepting a new signal). ATTENTION! CAREFULLY STUDY THE OPERATING PRINCIPLE AND AVAILABLE SETTINGS OF THE EXPERT AD

90 USD

The TMA Centered Bands Indicator for MT5 draws bands on the chart and shows the overall price trend. It displays three bands - the lower and upper boundaries of the channel and the median. The bands are made up of moving averages, and each of them has an MA period. The name TMA comes from triangular moving averages, as the indicator draws triangular bands. The price will fluctuate between these ranges whenever the trend changes direction, thus creating entry and exit points. How to trade

The Channel Sgnals ProfRoboTrading Indicator for MT5 is an effective Forex trading tool designed to track market movements. The MT5 signal point indicator effectively detects trend reversals after they have already occurred. This Indicator is a fully automated technical tool that includes a number of parameters to track market trends. It automatically examines the ever-changing price dynamics of the market, compares the information with earlier data and generates a trading signal. Because

This universal Expert Advisor is equally good for both scalping and conservative multi-currency trading of simultaneous trading of several pairs. This Expert Advisor is based on its own Algorithm, which is an incredibly effective tool due to the simultaneous operation of a trading strategy based on our Centered Bands Indicator and our proprietary signal filter system together with the Martingale method, which together work out a very interesting hedging system. Traders are also given the

99 USD

Bollinger Bands Stop Indicator holds significant importance for traders navigating the complex world of financial markets. Its relevance lies in several key aspects. Firstly, it aids in trend identification. By analyzing price movements relative to the Bollinger Bands, traders can discern whether the market is in an uptrend, downtrend, or ranging phase. Secondly, the indicator provides valuable insights into market volatility. Wider bands indicate higher volatility, while narrower bands suggest

The TrendOscillator Indicator is an upgraded version of the traditional Stochastic Oscillator. It comprises two lines: %K and %D. The %K line represents the current market position. In contrast, the %D line is a moving average of the %K line used to generate signals and identify potential entry or exit points. The good thing is the indicator works on all timeframes like the traditional Stochastic. However, to avoid any false signals, applying the indicator on longer timeframes is better

The Kalires Channel Indicator is a technical indicator used to evaluate trend direction and potential trading opportunities. This is a hybrid indicator that combines Kauffman Adaptive Moving Average (KAMA), linear regression and smoothing. The Kalires Channel Indicator consists of two lines: one central and two outer bands. The central line is a smoothed KAMA modified according to the direction of the trend. The outer bars represent two linear regression lines drawn above and below the center l

The TrendChannelTracker Indicator is an innovative Forex trading tool. This indicator, which is based on the standard Stochastic Oscillator, provides traders with a unique and simplified method for observing market trends. In contrast to the traditional Stochastic Oscillator, which is shown at the bottom of the chart, the TrendChannelTracker Indicator is built into the price action itself. This removes the need for traders to continually switch their attention between the oscillator and the pri

Our modernized version of the popular channel TMA_TRUE indicator for MT4, which provides information on the main points of trend reversal and momentum exhaustion by drawing a channel on the chart, also draws arrows of signals for buy and sell. As a result, traders can identify bullish and bearish price reversal zones and BUY and SELL accordingly. This indicator works well on all instruments and on all Timeframes. This indicator is the basis of our Channel Trigger EA, which you can buy in MQL

The TMA Centered Bands indicator for MT4 draws bands on the chart and reports the overall price trend, as well as gives arrows signals to buy and sell when the bar closes outside the channel. Unlike many TMAs, our version uses the calculation part of the algorithm without redrawing, and also adds the ability to select a symbol. The bands are made up of moving averages, and each of them has an MA period. The name TMA comes from triangular moving averages, as the indicator draws triangular bands

This is the automatic price spike signal indicator for MT4. Plots advance alerts on potential breakouts/pullbacks. Suits forex, stocks & crypto trading strategies. This is a perfect indicator for reversal traders. A spike often indicates a turn-around moment. The best way to use that gauge is to apply it to your favourite trading system as a filter. 這是 MT4 的自動價格飆升訊號指示器。繪製有關潛在突破/回調的預先警報。適合外匯、股票和加密貨幣交易策略。對於反轉交易者來說，這是一個完美的指標。尖峰通常表示轉變時刻。使用該指標的最佳方法是將其作為過濾器應用到您最喜歡的交易系統中

30 USD

The Forex Gangster Indicator allows you to determine the current trend. If the Forex Gangster Indicator line has moved below the price and turned blue, then you should open deals for an increase. If the Forex Gangster Indicator line has appeared above the price and turned red, then you should open deals for a decrease: The indicator is suitable for any time frames, but it needs to be supplemented with filtering indicators, since by itself it is late and does not have time to give an accurate si

This indicator works by plotting fractals on the chart as arrows that can be used as buy or sell signals. It is a great tool for both new and experienced traders as it provides a clear visual representation of the market and helps traders identify fractals. Although it repaints, it can be used quite effectively in conjunction with other tools to filter trading strategies. We use this indicator in this way in our Royal Fractals EA, which you can purchase on the MQL5 Market: https://www.mql5.com

This indicator works by plotting fractals on the chart as arrows that can be used as buy or sell signals. It is a great tool for both new and experienced traders as it provides a clear visual representation of the market and helps traders identify fractals. Although it repaints, it can be used quite effectively in conjunction with other tools to filter trading strategies. We use this indicator in this way in our RoyalFractals II Expert Advisor, which you can purchase on the MQL5 Market: https:

The BandsFill Indicator is a modified Bollinger Bands with a colored cloud. It has two adjustable parameters: Period Deviation The cloud is colored as follows: If the price crosses the upper band, the cloud is blue. If the price crosses the lower band, the cloud is pink. Thanks to this, the BandsFill Indicator provides traders with an easy opportunity to detect various features and patterns in price dynamics that are invisible to the naked eye. Based on this information, traders can predict

The Teamtrader Channel Stop indicator allows you to determine the current trend. If the Teamtrader Channel Stop indicator line has moved below the price and turned blue, then you should open deals for an increase. If the Teamtrader Channel Stop indicator line has appeared above the price and turned red, then you should open deals for a decrease: The indicator is suitable for any time frames, but it needs to be supplemented with filtering indicators, since by itself it is late and does not have

The Red Dragons Support and Resistance Levels indicator automatically determines support and resistance levels using the proprietary algorithm based on historical and current data, so the levels are dynamic, which allows you to adjust trading targets based on the current price movement. For this reason, we use this indicator in our advisors, for example, Red Dragons, which you can purchase here: https://www.mql5.com/en/market/product/128713?source=Site +Market+MT4+New+Rating006 The panel also

Moving Averages Divergence 3x3 Indicator uses the crossover technique for signaling the market trend and the trade opportunities as well. It applies 3 formats of the same indicator and allows them to plot the crossover signals which are interpreted as the trade signals along with the direction of the market trend. Moving Averages Divergence 3x3 Indicator can be applied to trade all kinds of forex currency pairs within the financial markets. Although, this indicator works well o

FOREX GANGSTER is a unique Expert Advisor created by a professional prop trader and financial asset manager with many years of experience. This is a solution for those who strive for stable profits without constant control over each transaction or monitoring the work of a trading advisor. Created for optimal conservative trading and investing through exchange instruments with long-term regular profits and minimal risks. The Expert Advisor algorithm is based on a deep understanding of market pat

30 USD

The Wolf Wave Finder Indicator is a popular indicator, that is useful in identifying potential trading opportunities. The indicator works by recognizing the Wolf Wave pattern, which is a well-known pattern used by professional traders to identify potential areas of support and resistance. The indicator is easy to use and provides traders with an easy way to identify potential trades. The Wolf Wave Finder Indicator is a great tool for traders who are looking for a reliable and accurate way

30 USD

This indicator is a fusion of the Parabolic SAR and Fibonacci indicators. Fibo is drawn on the last wave, at the peaks the indicator displays prices for convenience. Parabolic SAR helps to define the market trend and generates trends following trade signals. On the other hand, Fibonacci plots the price retracement levels so that traders can determine a better and safer place to enter the market. Scalping with Parabolic SAR and Fibonacci Overview. For this strategy, in addition to our indicator

30 USD

This is an easy-to-set-up and easy-to-use Expert Advisor that will help you always have the necessary information about your trading account at hand, sending from MetaTrader 4 to you in Telegram: • Account drawdown • Number of open positions • Volume of open positions • Profit per day, week, month How to get an chat ID: - Chat with BotFather to create Bot and get API Token of Bot. If you had Bot, skip the step. - Chat with bot @userinfobot , then the bot will reply your ID. How to set

50 USD

The SYMBOL MANAGER symbol change indicator is an effective tool designed to enhance trading convenience and significantly simplify the trader's experience. This indicator allows users to switch seamlessly between currency pairs and timeframes within a single open window of the trading terminal. Importantly, when switching, the associated template, including indicators and current chart settings, is automatically duplicated, ensuring a consistent trading environment.

30 USD

The Morning Star PRT indicator uses the morning flat breakout principle. The indicator displays morning flat levels and shows possible targets. An additional Fibonacci level has been added to the indicator, as well as sound alerts about the intersection of both target levels specified in the settings and the night flat level. The Morning Star PRT indicator builds a night flat channel at the end of the night, as well as two Fibonacci price levels up and down. These levels can be considered both

30 USD

Indicator Supply & Demand zones PRT– is a custom tool that is used to perform supply and demand zones marking of the chart. The indicator draws lines and rectangles on the chart that highlight resistance/support levels and supply/demand zones. For convenience, both lines and figures are painted in different colors so that the signals are easily distinguished from each other.The indicator draws only fresh levels, that is, those that have not yet been used and the price has not yet broken through

45 USD

This indicator is a powerful tool for traders looking to identify chart patterns, and the benefits of incorporating it into their trading strategy are numerous. This tool effectively identifies and signals potential trends and reversals in the financial markets, thereby increasing trading profitability. Thanks to its advanced algorithm, the indicator can accurately analyze market data, providing traders with valuable information that can help them make informed decisions. Using this indicator al

30 USD

The Parabolic SAR & Support/Resistance Levels is not only a technical analysis indicator, used in forex trading to identify potential trend reversals and entry and exit points, but also a ready-made autonomous trading strategy. The Indicator builds upon the PSAR indicator by adding dynamic support and resistance levels to the chart, which can help traders identify key price levels where the market may potentially reverse. Using this indicator, traders can gain insight into the strength and di

30 USD

The All Market Channels indicator from ProfRobotrading automatically builds and displays all formed trading channels on the screen. This indicator is very convenient for trading on all existing channel strategies and is applicable to all instruments and timeframes. Look at the screenshot - it will tell you more :) More information is available on our website ProfRoboTrading.

30 USD

This is a Bollinger Bands Compression indicator. It detects volatility compression and the release of “suppressed momentum.” It can be used when it coincides with any specific trading entries — released volatility means a higher probability of making a decent profit. There is also a histogram with colored bands symbolizing weakness or strength, and a zero line crossover. Therefore, this indicator can be used both in conjunction with other indicators within trading strategies, and on its own meri

30 USD

The work of this Expert Advisor is similar to fishing, when you use several fishing rods. This Expert Advisor works on the channel indicator, the work of which you can see in the screenshots. This indicator is effective on any TM, so it can be used in all types of trading, including scalping for 5 and 15 minutes, intraday or full automatic trading of several instruments simultaneously on D1. This expert advisor is ideal for working both on a flat and during sharp or protracted trend movements (t

99 USD

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