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Channel Trading Pro

The strategy is based on breakout/rebound from the trading range. The channel is plotted by taking the highest (maximum High) and the lowest (minimum Low) price for the previous n periods. The EA is based on a multifunctional template and is designed for intraday trading with all major currency pairs on any timeframe. It has a vast set of features - it can be configured for any trading style, which makes it not just a trading robot, but a multifunctional flexible designer. The EA applies order placement levels, stop loss, take profit and trailing stop levels invisible for brokers. The entire trading process and detailed statistics are displayed on the chart as lines and on the information panel. Use the EA on highly liquid currency pairs, such as EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD, NZDUSD, XAUUSD;

💼 Telegram chat for questions and discussion: https://t.me/forex4up_chat

Features

  • scalping (virtual stops from 1 point);
  • position averaging/scaling in (adaptive or fixed distance from the last opened position)
  • martingale/antimartingale (increase/decrease in the lot);
  • hedging (work with short and long positions simultaneously);
  • calculate the stop loss, take profit and trailing stop levels in pips, in money, in percent of the balance, based on volatility (ATR);
  • simultaneously manage and close positions in different directions (both single orders and order baskets);
  • interact with positions opened manually or by another expert (start managing deals, distinguished by magic number);

*each block responsible for management of a particular function can be customized separately and operate as a single unit.


Parameters

  • WorkingMode - operation mode: normal mode, interaction with positions of another expert, monitoring the trade results.
  • ChannelPeriod, ChannelTimeFrame - period for plotting the channel and timeframe for gathering data.
  • TradingMethod - trading method: breakout/rebound from the trading range.
  • MaximumSpread - maximum spread to start working, not used if -1.
  • LotsFor1000 - initial lot size per 1000 units of base currency.
  • ATRPeriod - period for calculating the average daily volatility, in days.
  • TradeDirection - trading method: trade in one or both directions simultaneously.
  • OrderOpenMethod - position opening: averaging, scaling in or hedging positions.
  • OrderOpenMode - calculation of step for opening orders: in pips, in the deposit currency, as a percentage of the balance or as a percentage of the ATR value.
  • OrderOpenStop, OrderOpenStep - distance and step from the current price to set the level for opening a new order.
  • OrdCalcMethod - order counting: each series separately or the total number of orders in different directions.
  • OrderIncrease - increase the number of opened positions by the specified percentage, not used if -1.
  • MaxNumOrders - the maximum number of orders opened at a time, not used if -1.
  • LotCalcMethod - calculation of the trading lot: separately for short and long positions or for the entire basket of orders.
  • IncreasingLot - increase the lot by the specified percentage, not used if -1.
  • StartIncrease - number of the position to start increasing the lot.
  • DecreasingLot - decrease the lot by the specified percentage, not used if -1.
  • StartDecrease - number of the position to start decreasing the lot.
  • MaximumLot - the maximum lot for opening positions.
  • LevelsMethod - setting take profit/stop loss: separately for short and long positions or for the entire basket of orders.
  • LevelsMode - calculation of take profit/stop loss: in pips, in the deposit currency, as a percentage of the balance or as a percentage of the ATR value.
  • StopLoss, TakeProfit - stop loss and take profit, not used if -1.
  • TrailingMethod - trailing stop method: separately for short and long positions or for the entire basket of orders.
  • TrailingMode - calculation of trailing stop: in pips, in the deposit currency, as a percentage of the balance or as a percentage of the ATR value.
  • TrailingStop, TrailingStep - trailing stop and trailing step.
  • MagicNumber - magic number, the EA manages all positions opened manually or by another expert if set to -1.
  • TradeComment - trade comment.


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⭐⭐⭐⭐⭐ I am glad to welcome you on the page of my product - I am its author Vasily Strukov.⭐⭐⭐⭐⭐    Isolation - an adviser using the TMA indicator to enter a position. It can be used on simple charts of currency pairs, and it also includes an innovative algorithm that allows you to trade it on Renko bars. When buying an adviser, you can get Renko Builder as gift, which I use  in working with an adviser. Manual for EA add at comment #8  By  purchasing  this Expert Advisor you are entitled  to rec
250 USD
Stenvall Invest
Gennady Sergienko
default settings:     EURUSD M5 email:                    lleonea.com@gmail.com telegram for pm:    @leontolstoy This is a fully automatic trading robot that does not require the intervention of a trader is divided into control blocks that contain more than 70 smart functions for controlling the trading process. ✔ How is Stenvall Invest better than others ? ☑ We do not use a beautiful word with pictures, Stenvall Invest is really a technological robot that has a complex code. Read about
1 299 USD
Spider Crazy Pro
Michela Russo
Super   Cyber Monday   Discount   Only Today, 50% OFF! Spider Crazy Pro is a trading robot  for the trading on forex. This is a complete system with   11 Strategy in 1 EA . This Robot opens a   large number of orders .  Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of  Snake Crazy Pro ! (All future updates included) -> To Receive it, Please Contact me by mql5 or email !   This Expert advisor not use arbitrage or breakout, the
145 USD
Trend Line GRID mt4
Evgenii Aksenov
⭐   ⭐   ⭐   ⭐   ⭐  LAST WEEK PROMO PRICE!!! 🏃   🏃   🏃 Buy this EA gives you the right to get the second EA for free:     https://www.mql5.com/en/blogs/post/740436 Only 10 copies for $98 (next price --> $149  --> $199) This is a grid EA based on the signals of the   Trend Line PRO   indicator:   https://www.mql5.com/en/market/product/42399 The User's manual:   here   📢   Telegram:   https://t.me/   INFINITY_PRO_ED   📈  Real account signals:     here 🔥🔥🔥   Promo "Buy one Get one free  
98 USD
Falcon Scalper Pro
Michela Russo
Super Cyber Monday   Discount   Only Today, 50% OFF! Falcon Scalper Pro is a trading robot  for the trading on forex. This is a Trend Following system that trades in all session.   Backtest Now! Expert advisor not use   arbitrage, grid, martingale or other dangerous strategy , All Trades are covered by StopLoss . Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Bee Crazy Pro ! (All future updates included) -> To Receive it, P
145 USD
Turtle Scalper Pro
Michela Russo
Super   Cyber Monday   Discount   Only Today, 50% OFF! Turtle Scalper Pro is a trading robot  for the trading on forex. This is a mix of Trend Following and Counter Trend system.   Backtest Now! This Expert advisor not use   arbitrage, grid, martingale or other dangerous strategy , All Trades are covered by StopLoss and TakeProfit . Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Gold Butterfly Scalper Pro ! (All future upda
145 USD
Billion Idea
Dhanaraj
  💎 💎 💎 💎 💎 Welcome To Billion Idea (BI) Expert Advisor (Trading Robot) 💎 💎 💎 💎 💎 HOLIDAYS OFFER PRICE $ 99 (ONLY 2 COPIES LEFT)  Billion Idea (BI)  EA is a Safe Scalper System   for Trading on Forex. Exclusively developed for GBPUSD Pair . BackTest Now !   The EA enters the market with certain unique conditions. The EA is based on Unique Strategies, and NOT Uses MARTINGALE, GRID and other Dangerous Strategies . All Deals are covered with Tight Stop Loss and Optimized Take Profit leve
99 USD
GerFX Density Scalper
Exler Consulting GmbH
BLACK FRIDAY PROMOTION  IMPORTANT: Please contact me after buying or renting for the correct key paramter.  Before you buy a night scalper please be aware of the risks involved: 1) Past performance is no guarantee of future profitability (the EA could also make losses).  2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore results cannot be transferred to live trading. 3) Any mean reversion can get caught on the wrong side of a fast movemen
1 700 USD
Golden Ticket
Ramil Minniakhmetov
  Golden Ticket   works on the WPR indicator - which allows you to determine the oversold and overbought conditions of an asset and enters at possible reversal points. Real operation monitoring as well as my ot her products can be found here:  https://www.mql5.com/en/users/mechanic/seller Telegram is  here . Recommendations Recommend pairs EURUSD  Time Frame  M15  Recommend deposit  1000 usd or 1000 cents  Recommend settings   Default settings XAUUSD here Inputs Value New Cycle  —   whe
69 USD
Pinpoint EA
Ryan Brown
Black Friday and Cyber Monday Sale! -20% off through November 30th!  The Pinpoint EA is the result of 6 months of work to build an EA that's able to safely recover a losing trade over 17+ years of backtesting. The Pinpoint has a 94% win rate and has never lost more than 2 trades in a row in 17 years of testing on the GU and EU.  The EA trades almost on daily basses and churns out a profit every week! The Pinpoint trades on the GBPUSD and EURUSD M15 timeframe ONLY! Makes sure and change the
277 USD
Immortality
Nguyen Hang Hai Ha
Expert Advisor  Immortality  uses unique entry and exit strategies to trade with high probability and low risk. EA is designed to be easy to use, it has 5 settings for 5 currency pairs (EURUSD, AUDUSD, AUDJPY, EURJPY, USDJPY) and the Manual Settings option. Monitoring : https://www.mql5.com/en/signals/798736 If you do not have much experience in EA, use the 5 available settings for 5 currency pairs. " Select Settings for  = DE30 In dex " only for users with experience and understanding of the ri
55 USD
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