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Regression Channel Pro MT5

The Expert Advisor works on a linear regression channel. The EA trades from the channel borders and has the function of reducing the drawdown on the account by overlapping unprofitable orders.   The chart displays information about profit and draws the regression channel itself.

MT4 version https://www.mql5.com/en/market/product/56494


OPTIONS:

  • PERIOD - the number of bars for calculation;
  • COEFFICIENT - coefficient for calculating channel boundaries;
  • DEGREE - channel construction type;
  • MIN_CHANNEL_WIDTH - minimum channel width for entering a trade;
  • PERIOD_ATR, TIMEFRAME_ATR - period and timeframe of ATR values for determining the average aolatility;
  • START_LOT - initial lot;
  • LOT_MULTIPLIER - lot multiplier in the order grid;
  • MAX_LOT - maximum lot;
  • STEP_ORDERS - order grid step;
  • STEP_MULTIPLIER - order step multiplication factor, if = -1 then it is not used;
  • MAX_STEP - maximum order grid step;
  • OVERLAP_ORDERS - from which order to enable the order overlap function;
  • OVERLAP_PIPS - minimum profit in pips for closing unprofitable orders;
  • STOPLOSS, TAKEPROFIT - stop loss and take profit in pips, if = -1 is not used;
  • BREAKEVEN_STOP, BREAKEVEN_STEP - level and step of breakeven, if = -1 is not used;
  • TRAILING_STOP, TRAILING_STEP - trailing stop level and step, if = -1 is not used;
  • MAGIC_NUMBER, ORDERS_COMMENT - magic order number and comment;
  • START_TIME, END_TIME - time at which it is allowed to open orders. if = "00:00", then not used;


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Vitalii Zakharuk
Forex bot Black Jack is trending reliable trading. Forex trading is a complex and dynamic market that requires a lot of time, effort and experience to successfully navigate. However, with the advent of trading bots, traders can now automate their trading strategies and take advantage of market trends without having to spend countless hours analyzing data. What is Forex Bot Black Jack is a trading bot that uses advanced algorithms to analyze market trends and automatically execute trades. It
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Version 1.1 2022.03.03
update for new build