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Easy Channels EA MT5

This EA works on the basis of channels formed by price. It trades from the boundaries of these channels (for example, when the price breaks through the border of the channel, or when it touches and comes back). It can also display the lines and channels through which it trades. They are built on the highs and lows of prices. The EA has customizable parameters for trading on multiple channels and uses some indicators to improve trading (for example, Stochastic or ADX). It also has parameters for managing orders and lot volume. It is possible to configure a trailing stop (both regular and parabolic).

Default settings for EURUSD M15, 5-digits.

Input parameters

  • Lots - lot size (at 0 lot it will be calculated from the percentage of available funds in the account);
  • Percentage of free money - percentage of free funds to open each new transaction (works when Lots = 0);
  • MaxSpread - maximum spread for opening a transaction (for accounts with a floating spread, so that the transaction opens when the spread is not too large);
  • Slippage - slippage (maximum price deviation);
  • Magic - a unique identifier (it is necessary to make it different if several expert advisors are running in the same terminal);
  • StopLoss - stop loss (for 5-digit accounts, 10 will be 100, you need to specify as for 4-digit accounts);
  • TakeProfit - take profit (for 5-digit accounts, 10 will be 100, you need to specify as for 4-digit accounts);
  • CloseDealsBeforeOpen - close the previous deal (in the opposite direction) before opening a new one;
  • OpenOrdersDelayBars - delay between the opening of the next transaction (the number of bars of the current time frame that must pass before opening a new transaction);
  • StopToBreakeven - set stop loss to breakeven after passing the specified number of points;
  • TrailingStopValue - the value of the trailing stop in points, if set to = 0, then the trailing stop is not used;
  • StopToParabolicStep - parabolic step for a trailing stop (0 - do not use parabolic trailing);
  • HistorySearch - the number of bars for searching and building channels;
  • Distance - the minimum distance from one maximum (or minimum) to another when building a channel;
  • Shift - shift a few bars back, where a channel breakout is possible;
  • QuickFractalSearch - enable quick search of fractals when defining channels (it’s better not to use it in real trading and final optimization, since the channels are of poor quality);
  • DrawChannels - display channels and lines on the chart of a currency pair;
  • HistorySearch2 - the number of bars to search for additional channels with other parameters (0 - do not use additional channels);
  • Distance2 - the minimum distance from one maximum (or minimum) to another when building an additional channel;
  • Shift2 - shift for additional channels;
  • MinSignalPower - minimum signal strength for trading;
  • MaxCountChannels - the maximum number of channels to trade;
  • CountLinesNearPrice - the number of lines from channels that should touch the price at the same time so that there is a signal to open a transaction;
  • OnlyInsideChannel - trade inside the channel, exclude deals on breaking through the borders of the channels;
  • EnvelopesPeriod - period of the Envelopes indicator (0 - do not use this indicator for transactions);
  • EnvelopesDeviation - deviations of the Envelopes indicator;
  • StochasticLevels - levels of the Stochastic indicator (0-50, 0 - do not use);
  • StochasticPeriod - period of the Stochastic indicator;
  • AdxPeriod - period of the ADX indicator;
  • MinAdxLevel - minimum level of the ADX indicator;
  • MaxAdxLevel - maximum level of the ADX indicator;
  • Trading start hour - hour to start trading;
  • Trading end hour - hour of the end of trading;
  • DealsCommentary - comment on open deals;
  • FastOptimizationParameter - Parameter for fast optimization of the Expert Advisor. The greater the value, the faster the optimization, but the quality of the trade is worse. Values ​​of 1 or 0 for trading are recommended. For initial optimization, values ​​from 2 to 10 can be set.
  • EnableInfo - show information;
  • OrdersFilling - a parameter for choosing a filling mode (if the EA does not open deals due to incorrect filling, try choosing a different value).

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Thi Thu Ha Hoang
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Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is   Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool
Parrots Breaker
Siti Hadijah Lena
3.75 (4)
Only  3 copies left at current   price!,   Next Price 799 USD.   So   Come on Hurry up!    Parrots   Breaker   MT5  EA is an Expert Advisor that is smart, powerful and accurate in determining entries. Parrots   Breaker   MT5  EA works based on the concept of trend following  combined  with   Break of Internal Structure and   trading levels. Live Signal 1 Parrots   Breaker   MT5  EA is an Expert Advisor that is safe and focuses on long-term use. Backtest   Result is Fantastic. This EA does not us
Apocalypse Gold
Xian Qin Ceng
5 (7)
Gold has risen 25% in about a year, which is crazy, so I manually placed a long Sell order on August 23. This trade once brought a profit of $15, but I thought it was possible to get a bigger profit, so I chose to hold it. Gold continued to rise, but I would not change my judgment that gold would return to $2,400. Don't be confused, this is a manual order, EA's orders usually stop loss at $1--3, and rarely may trigger a maximum stop loss of $6. The EA works well. Many people like to trade XAUUS
Gold GPU
Maksim Dmitriev
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Special offer:     After 8 copies sold, the price will be increased (1 left).     Regular Price: $540     Discounted Price (limited time offer): $380 If you have any questions, feel free to send me a private message: https ://www.mql5 .com /en /users /abudabi (send a message) Overview      Trend-following Expert Advisor     It uses artificial intelligence to recognize trends in the market.     It has been tested for over 10 years using real tick data and has shown stable performance.    
Waka Waka EA MT5
Valeriia Mishchenko
4.1 (39)
EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT4 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
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Version 1.2 2020.08.26
Improvements to loading and restarting the advisor.
Version 1.1 2020.08.06
Added the OrdersFilling parameter for selection. If the EA does not trade and writes similar messages to the log, try changing the parameter value.