Market / MetaTrader 4 / Experts /

Specialist Trend Channel

49 USD

Demo downloaded: 46

Published: 21 September 2019

Current version: 1.0

Specialist Trend Channel

Experts
Slaven Kresic
Version: 1.0
Activations: 5

This is fully automatic expert advisor, based on professional trend trading strategy. This EA is build to trade on D1 time frame, so it is long term trader, trades can last for days even months. It analyze the trend and enter the trades on swing points at support/resistance, it can add positions on same signal, exit is based on stop loss by pips or take profit at support/resistance. This is safe trading where you can menage your risk, and for those who like big risks there is martingale option. EA is optimized for recommended pairs and I will share set files with you. Example of settings for safe trading you can see on screen shots, however you can menage risk by your need by changing max positions or lot size or even activate martingale option.

About

Long term strategy
Technical strategy
Trend trading strategy
Pairs: AUDJPY, AUDUSD, EURJPY, EURUSD, GBPUSD
Time Frame: D1 (can use any, recommended D1)
Always use Stop Loss
Default settings are optimized for GBPUSD, D1

Recommendations

Any broker
Pairs: AUDJPY, AUDUSD, EURJPY, EURUSD, GBPUSD
Time Frame: D1 (can use any, recommended D1)
Test it first to find out value for your risk appetite
Use constant internet connection or VPS

Parameters

Take Profit - Take profit in pips (0 false)
Stop Loss - Stop loss in pips (0 false)
Exit by opposite signal - Exit trade by signal (use this for take profit)
Magic Number - If using another EA to menage same pair use this number
Max open orders - Max number of open trades for same pair
Lot Size - Fix lot size if "use risk % lot" false
Use Risk % Lot - Use auto lot size in %
Risk % - Auto lot size in % of balance
Use Martingale - Use increasing lot size on new added order
Lot Multiplier - Multiplier factor for increasing order size
Channel Period - Period for number of bars to calculate trend channel
Use MA Filter? - Use Moving Average for filter trend
MA Period - Period of moving Average indicator
MA Method - Method of calculating MA
MA Price - Type of price using for calculation MA

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