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Channel Moving Average

A fully automated Expert Advisor for making permanent profits in the Forex market with minimal risk.
Trading is based on building a channel using moving averages and analyzing the bars for the presence of setups for entry.

Please see all my products:  https://www.mql5.com/en/users/en_coding/seller

Not used: grids, hedging, and other high-risk trading strategies, such as staying a drawdown by saving losing trades.

Each order is protected by a fixed stop loss.

The money management system is based on fixed volumes for entry, or on risk calculated from the stop loss for each open order.

Recommended trading conditions:

Minimum deposit:
-
$ 100
Type of account:
-
type of account: any, the adviser is not "broker-dependent", as don't use scalping.
Currency pair:
-
currency pair: in accordance with the optimized set, by default in the EURUSD adviser.
Timeframe:
-
timeframe: D1 (however, subject to optimization, the timeframe can be any).


All sets attached to the adviser are 99% optimized for the quality of quotes, real spread and slippage.

Sets: https://www.mql5.com/ru/blogs/post/736486


The seeming simplicity of the settings in the osprey with a complex and proven algorithm makes this advisor the maximum and most effective tool for managing investments and trading in the forex market!


EA Parameters:

SetsEA
-
the name of the sets for the adviser
MoneyManagement
-
money management choice
Risk
-
percentage of risk from available funds calculated from StopLoss
Lot
-
fixed volume of open positions
Multiply - inclusion of an increase in volume after a losing order
mLot -
volume increase ratio
MaxLot -
maximum volume when Multiply is on
MAPeriod
-
moving average indicator period for channel construction
TakeProfit
-
fixed take profit size in points*
StopLoss
-
fixed stop loss size in points*
CloseRevSignal
-
closing an order by a return signal
OpenAtOnce
-
opening an order in the same direction without waiting for a new bar
TrailingOrder
-
enable trailing orders
TrailStart
-
the number of points in the positive zone, after which the trailing stop starts*
TrailStep
-
trailing stop step*
MaxSpread
-
maximum spread for opening an order*
MagicNumber
-
unique number of opened orders
VisualMode
-
visual display of info panel, drawdown on the instrument and account
PanelColor
-
color info panel
TextColor
-
panel text color
LongLine
-
BUY color of the direction of opened orders
ShortLine
-
SELL color of the direction of opened orders
* -the given parameters are indicated in a 4-digit format, the EA will automatically translate into a 5-digit format.

Important: before using on real accounts, be sure to check the adviser and test.


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Version 1.3 2020.06.07
Added function to multiply the previous volume after a loss
Optimized code to speed up testing
Updated visual panel
Version 1.2 2020.05.11
Added function of transferring to breakeven orders
Added comments to orders
Completely rebatable dashboard
The display system of the current drawdown for the instrument and account has been redone
Version 1.1 2020.05.06
Improvement dashboard