Thanos channel breakout
- Experts
- Version: 6.10
- Activations: 5
Thanos Channel Breakout is a fully automated Expert Advisor based on price-action channel breakouts. No martingale, no grid, no averaging. Every position has a fixed Stop Loss and Take Profit from the moment it opens.
How it works
1. Detects an impulse candle (body significantly larger than the recent average)
2. Builds a price channel from the candles following the impulse
3. Projects a neutral zone above and below the channel, proportional to its height
4. Enters only when a candle closes beyond the neutral zone, in the breakout direction
5. Take Profit is a multiple of the channel height; Stop Loss sits beyond the opposite channel boundary
6. Optional single reversal trade after a Stop Loss, with an anti ping-pong limit — the cycle ends after the configured number of reversals
• One position at a time, fixed lot size — risk is transparent and predictable
• Works on netting and hedging accounts
• Time filter (block specific hours, avoid Friday afternoon)
• High-impact news filter (economic calendar)
• Margin check before every order; no trade is sent without sufficient margin
• All parameters configurable; clean chart visualization of channel and zones
Recommendations
• Symbol: XAUUSD, M5 (developed and tested on gold); also runs on FX pairs
