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EA GridInChannel

GridInChannel is a professional system of trading inside a channel using active visual control panel. The EA places a grid according to the specified parameters. It trades inside the channel which is manually plotted using a trend line.

The main concept: while th price is inside the channel and the "start/stop trade" button is pressed, the EA opens an order grid in the direction of the specified channel.


Expert Advisor Features:

  • Opening orders within the specified range. The range is set using the trend channel, can be limited by the Top Price and Bottom Price, time limit is also possible
  • Parameter visualization - the visual panel allows to reconfigure the trading of the EA at any time, it can be minimized and placed to any point of the chart for convenience.
  • Opening auxiliary orders according to the grid principle, with a common averaging and simultaneous closing when reaching the target profit - the grid take profit.
  • Three grid display modes: limit orders for all the grid, no limit orders, one limit order - the one after the current open order.
  • Trailing and scalping - on condition that only the first order of the grid is opened.
  • Taking screenshots - 800х600 screenshot after opening every new order
  • E-mail notifications - after opening a new grid
  • Alternate testing and optimization of the parameters - in the continuous buy or continuous sell mode during non-visual testing and optimization.
  • Extended Statistics in EA log - the EA log has a lot of additional statistics on the operation of the EA
  • Trading a single order with a stop loss - set MaxLimit=o and get traditional trading without averaging.
  • Optimal code - better performance of the EA and minimum load on the terminal


Description of Expert Advisor Parameters

For convenience, added labels to some parameters:

[VSL] - this parameter will have priority in the visual panel. It means that if this parameter is changed on the visual panel, the Expert Advisor will act based on the data of the visual panel. Press the RESET button to revert to the initial settings.

[D] - this parameter must be different for symbols with numbers of decimal places.

  • [D] Width Channel [VSL] - channel width
  • [D] First Grid Step [VSL] - initial step of the grid
  • StepExponent [VSL] - grid step multiplier
  • MaxLimit [VSL] - number of grid orders
  • Minimum percentage of free margin - if the percentage of the free margin is less than this value, trades will not be opened
  • AutoGridCalculation - auto-calculation of the first step of the grid, take profit and channel width
  • HeightPannel - height of the maximized panel relative to top left corner
  • FirstLot - size of the first order in the grid
  • LotExponent - multiplier for the next order in the grid
  • Magic - id of the EA orders
  • [D] slippage - slippage when opening orders
  • [D] TakeProfit - take profit of the grid
  • [D] StopLevel - fixed trailing stop and stop loss in case MaxLimit = 0
  • Trailing [VSL] - Trailing mode
  • Scalping[VSL] - Scalping mode
  • ScalpingBars - number of bars to close the order in the scalping mode
  • autolot - automated money management, parameters are approximate. optimization in the tester is recommended
  • [D] NeedPips - approximate number of points to move to loss, which the grid must withstand (taken into account only if the autolot mode is enabled)
  • Risk - percentage of equity to take into account when calculating a lot in the autolot mode
  • Way conducting grid - choose one of the three grid display modes: 1. limit orders for all the grid 2. one limit order - the one after the current open order 3. no limit orders
  • ScreenNewGrid - mode of taking a screenshot when a new grid is placed, files are saved in the folder …files/GridInChannel/Trading symbol
  • Use Time Limit - limitation of trading by time
  • GridStopTime - if the trading server time is greater than the specified value, the EA will not place a new grid when the StopOnTime mode is enabled
  • Cleaning - the EA will hold the button that allows trading once the price goes beyond the channel above or below the specified price
  • E-mail alerts - email notification about placing a new grid
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2 (1)
Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
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Thi Thu Ha Hoang
5 (12)
¿Alguna vez te has preguntado por qué la mayoría de los asesores expertos no son efectivos en el trading en vivo, a pesar de su perfecto rendimiento en las pruebas retrospectivas? La respuesta más probable es el sobreajuste. Muchos EAs se crean para 'aprender' y adaptarse perfectamente a los datos históricos disponibles, pero fallan en predecir el futuro debido a la falta de generalización en el modelo construido. Algunos desarrolladores simplemente desconocen la existencia del sobreajuste, o l
Advertencias El EA contiene un máximo de 6 puntos de entrada, el tamaño del lote de cada transacción es igual al tamaño del lote de la orden multiplicado por 6, por lo que tenga en cuenta no usar un tamaño de lote demasiado grande. La forma de cálculo del tamaño del lote predeterminado no es el porcentaje de capital. Nuestro método de cálculo predeterminado no se ve afectado por el apalancamiento, lo que permite controlar el riesgo con mayor precisión. Se recomienda utilizar un capital de $1000
ONLY 3 COPIES OUT OF 10 LEFT AT $199! After that, the price will be raised to $299. - REAL SIGNAL: Default Setting:  https://www.mql5.com/en/signals/2258186 Gold Trading AI is an EA that uses artificial intelligence technology to analyze data of many indicators. From there, EA will have the best option to enter orders. The biggest difference of Gold Trading AI is that the EA can control the Risk:Reward ratio much better than other EAs.That is possible thanks to a set of tools to control entry
GRain EA MT4
Roman Erokhin
4.5 (6)
Good afternoon. My name is Roman, I am the creator of Gold Rain EA. I have been preparing for its realization for a long time, went through a lot of tests and now I finished the product and went on sale with a live good signal. My motto is to use only live signals, I do not release products without history or lack of real accounts. Now you have the opportunity to try Gold Rain EA in your hands. I will help every client to customize and install EA, from beginner to pro. Tired of complicated EA mo
Este EA fue una vez nuestro EA premium de uso interno, ahora disponible para todos después de mejoras adaptativas. Utiliza patrones estables de zonas horarias, genera órdenes casi a diario con una tasa de éxito muy alta y es particularmente adecuado para clientes con menor capital. Las pruebas retrospectivas utilizando el modo "Cada tick basado en ticks reales" de MT5 arrojan resultados muy similares al trading en vivo, sin ajustes y mostrando estabilidad a largo plazo, lo que indica una estrat
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5 (19)
Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an advanced position management algorithm. Main goal of Diamond PRO
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4.33 (70)
El Asesor Experto es un sistema diseñado para recuperar posiciones no rentables. El algoritmo del autor bloquea una posición perdedora, la divide en muchas partes separadas y cierra cada una de ellas por separado. La configuración fácil, el lanzamiento retrasado en caso de reducción, el bloqueo, la desactivación de otros asesores expertos, el promedio con filtrado de tendencias y el cierre parcial de una posición perdedora están integrados en una sola herramienta. Es el uso de cierre de pérdida
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The advantage of the expert Advisor is that it only works on finding the best point to open a trade, immediately sets a fixed stop loss and take profit, and then does not perform any manipulations with orders. Orders opened by the expert Advisor do not depend on each other (martingale, top-UPS, locking and arbitrage are not used). With this approach, the adviser does not require a constantly enabled terminal, you should not be afraid that something will happen to open trades if its settings sudd
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Versión 2.18 2020.06.22
The EA draws auxiliary lines - levels at which the next grid orders will open. Now at these levels it will be indicated if the order exceeds the permissible sizes (taking into account current equity).
Versión 2.17 2020.06.19
fixed errors that occurred when changing
parameters during open advisor transactions
Versión 2.16 2020.06.09
- fixed bugs prevention testing of the advisor
- minor general improvements
Versión 2.12 2016.02.26
- three grid display mode:
limit orders on the entire grid (as in the old version)
without limit orders
a limit order - following the current open
- display levels with more information
- Now Advisor will be able to trade one lot without averaging with StopLoss and TakeProfit If put Maxlimit = 0
- minimize visual panel and moving the folded label to any point of the graph
- Additional parameter - AutoGridCalculation - enable / disable auto calculation First Step Grid, TakeProfit and Width Channel. These parameters will be calculated automatically, they will depend on the Timeframe and Symbol
- Additional parameter for testing without imaging - If NV Testing, will act only in the non-visual testing and have two choices: Permanently Sell Permanently Buy and although GridInChannel system depends on manual construction of the channel, pozovlit this option to select more optimal parameters using test optimization advisor
- many improvements to make the code work with a counselor easier and quicker, reduce the load on the terminal
- Setting margin risk
- Smart margin control (expert will calculate the potential risk at the opening of the entire grid)
Versión 1.16 2016.01.19
Fixed re-calculating limit orders for different magic numbers. Now, it is possible to trade on one symbol in the opposite directions if the EA is placed on two charts with different magic numbers.

Optimized trend line display in the default mode.