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Smart Channel M4

The trend in the market can be predicted using trend lines but the problem is you don’t know where exactly the price is going to touch the trend line where you can put your pending orders on. Smart Channel Expert Advisor makes it possible to put an advanced channel around the price data, which can be configured to handle placing orders, opening and closing positions, managing risk per trade, spread, slippage, and trailing stop-loss and take-profit automatically.

Features

  • Money Management (Calculates Risk-Reward ratio, Volume, profit and loss)
  • Trend-Age-Aware Risk Management
  • Smart greedy algorithm for stop-loss trailing
  • Hides Stop-Loss and Take-Profit from your broker
  • Status reports through push notifications, email and popup alerts
  • Supports both pending and instant execution order types
  • Share your channel configuration with your friends
  • Shows channel configuration errors and warnings
  • Easy adjustment graphically and numerically
  • Trailing Stop-Loss and Take-Profit
  • Spread specification table


  • Please don't hesitate to contact me directly if you have any question or difficulty related to this product. You will get instant responses to your questions sent through MQL5 messenger.
  • Watch the tutorial video at the end of this description.
  • Don't forget to subscribe to my youtube channel.


How To Test Smart Channel EA

Smart Channel EA can be tested using the Metatrader Strategy Tester. Since this EA uses many graphical objects and the graphical events work only on live charts but not in the Strategy Tester, you won't be able to configure the channel graphically using the tester. Therefore we have programmed a set of graphically configured test cases to the EA to let you test most of it's features easily.


Use the following steps to test this EA:

  1. Open the strategy tester (Ctrl + R)
  2. Click the Expert Properties button and select a test case than click OK (Each test case name shows the Symbol, Timefame and the Start Date of the channel)
  3. Select Smart Channel EA from the expert drop down box
  4. Select the Symbol and Timefame based on the selected test case
  5. Set the Start Date based on the selected test case
  6. Set the End Date to one or two months later
  7. Adjust other parameters as you like
  8. Start the tester
  9. Since graphical objects do not work properly in the tester you might experience a delay in repositioning the panel while resizing the tester window. So before the tester starts, maximize the tester window.

Please note that all graphical objects including buttons do not work in the tester environment. It works on live charts properly as described in the tutorial video.

If you didn't see the channel while testing, check if the tester has started form the right date. Sometimes MT4 strategy tester fails to load data from the exact entered start date and it starts the tester from a later date. To avoid this problem you can use the most recent test cases.


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EMILIANO LOVATO
Utilities
AntiMartingale-Execution is a pyramidal Money Management system capable of increasing positions as equity increases using the positive margin of the transaction. It is possible to set the capital for each operation, the operating and maximum margins and the target level to be reached. Once the general trade settings have been made, it is possible to preview the grid of operations that will be activated by pressing the BUY / SELL button. If necessary, it is also possible to close all operations
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Vu Trung Kien
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Trade Copier Pro is a tool to copy trade remotely between multiple MT4/MT5 accounts at different computers/locations over internet. This is an ideal solution for signal provider, who want to share his trade with the others globally on his own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not be able to receive the signal after that
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"TPS Manual & Auto Trading EA: Your Ultimate Trading Partner This is Plug on Play to enjoy Manual Trading Management , Mobile Trading :- install on vps after  Use this ea work with mobile . Take your trading experience to the next level with the TPS Manual & Auto Trading EA – the perfect blend of human expertise and automated precision. Seamless Transition: Seamlessly switch between manual and automated trading modes to match your preferred trading style and market conditions. Retain co
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OneClick Online Account Manager is a powerful utility that helps you to manage all your accounts from a centralized panel. It is suitable for all single account traders and specially for multiple accounts traders. The utility help you to : Monitor status of all accounts on a private web page. Some information such as account connection status, account profit, DD, Balance, Equity, Margin Level, Number of positions and orders, Daily and Weekly profit/loss and also overall summation of all these
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Version 2.8 2022.06.15
1. Support for Screen Custom Scaling has been added
2. Bug fixes and performance improvements