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Breakdown Channel

Breakdown channel is a software for automated trading on the Forex market. The strategy is based on price action prediction by channel breakouts using 2 pairs of MA (2 LWMA and 2 EMA). MACD is used as the filter. H1 is used for trading.


Input Parameters:

  • stop loss – the value of the order stop loss;
  • take profit – the value of the order take profit;
  • lots – lot size per one order;
  • MA 1 – period of the first МА pair;
  • MA 2 – period of the second МА pair;
  • minimum breakout channel – the minimum channel breakout;
  • maximum breakout channel – the maximum channel breakout;
  • fast EMA MACD, slow EMA MACD, SMA MACD – parameters of the MACD indicator;
  • border MACD – MACD borders;
  • magic number – the magic number to distinguish EA's own orders.

Example of the parameters for the GBP/USD pair

  • stop loss = 45
  • take profit = 55
  • MA 1 = 33
  • MA 2 = 66
  • minimum breakout channel = 10
  • maximum breakout channel = 40
  • fast EMA MACD =12
  • slow EMA MACD = 26
  • SMA MACD = 7
  • border MACD = 0.0008
Andrey Litvichenko
7584
2017.10.28 04:37 
 

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Ovidiu Caslariu
7845
2016.05.02 20:25 
 

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