A robust channel strategy has been implemented.
The Expert Advisor uses a self-tuning algorithm to determine the TakeProfit value.
The best results are achieved on sideways channels.
It works only on hourly data, regardless of which period is selected on the chart.
- Lots - the number of lots in the order.
- Order_period_hours - the minimum time in hours from opening the latest order to opening the next.
- Order_life_hours - time in hours, after which the orders are closed.
Select the currency pairs which have their quotes within a channel for several months.
For trading ascending/descending channels set only long/short positions in the Expert Advisor parameters, respectively.
The EA does not set the StopLoss levels, it is recommended to use the account balance as the total Stop loss for all orders.