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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Come funziona Quando l'EA è attivo, analizzerà il grafico in base al parametro Modalità di esecuzione. Se non ci sono posizioni esistenti sul grafico, l'EA aprirà un trade in base al parametro. Se il trend è rialzista, aprirà un trade di acquisto, mentre se è ribassista, aprirà un trade di vendita. Imposterà anche un ordine di stop loss a una certa distanza dal prezzo di apertura del trade se la variabile stop loss è maggiore di 0. 0 significa nessun stop loss. Se ci sono posizioni esistenti s
Quantum King MT4
Bogdan Ion Puscasu
5 (6)
Experts
Quantum King EA: potenza intelligente, raffinata per ogni trader IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. Prezzo di lancio speciale Segnale in diretta:       CLICCA QUI Versione MT5:   CLICCA QUI Canale Quantum King:       Clicca qui ***Acquista Quantum King MT5 e potresti ricevere Quantum Queen X, Quantum Athena X, Quantum Commander, Quantum Emperor, Quantum Baron, Quantum OmniGold o Quantum StarMan gr
Big Forex Players MT4
MQL TOOLS SL
4.63 (43)
Experts
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
Gold Challenger EA
Xian Qin Ceng
Experts
Gold Challenger EA,   a new EA based on BeiDou Trend EA, has been launched. It is suitable for high volatility products such as XAUUSD. Gold Challenger EA still uses the breakout method.   Breakout trading is a very old method. Since the 1900s, since Livermore, this method has been widely used. It has been more than 120 years. This method is always effective, especially for XAUUSD and Gold with high volatility.   I have been using the breakout method to make profits on XAUUSD in the early stage
Chaos Algo Trading EA
Stefano Frisetti
3.67 (3)
Experts
DESCRIZIONE Con l'utilizzo del CHAOS ALGO TRADING EA, trading automatico, non dovrai piu' indovinare la direzione dei prezzi , ma potrai prendere profitto dalle oscillazioni, in qualsiasi direzione esse avverranno. Il CHAOS ALGO TRADING EA e' stato creato per AUTOMATIZZARE il TRADING CON LA STRATEGIA DEL CHAOS , lasciando al TRADER solo la decisione di quando attivare la STRATEGIA e quando scollegare l'AUTOTRADING. Questo EA funziona in AUTOLEARNING , quindi puo' andare avanti da solo senza int
AW Double Grids EA
AW Trading Software Limited
4.5 (8)
Experts
Advisor AW Double Grids MT4   - è un consulente di griglia aggressivo e completamente automatizzato, con un pannello di trading informativo e una configurazione semplice. La strategia consiste in un lavoro simultaneo bidirezionale, moltiplicando il volume di una direzione. Sono implementati il calcolo automatico dei lotti integrato, varie varianti di aumento del volume delle posizioni e altre funzioni. Istruzioni ->   QUI   /   Risoluzione dei problemi ->   QUI   / Versione MT5 ->   QUI Come o
BioBot
Andriy Sydoruk
Experts
Here is the corrected and adapted description for your BioBot scalping system in English , fully aligned with the actual input parameters from your code: BioBot Scalping System Description BioBot is a high-performance automated scalping trading system designed for trading various financial instruments (currency pairs, metals, etc.), primarily on M1 – M15 timeframes. Optimizing BioBot just once (for example, over a one-month period) is sufficient to deliver strong results on a forward period sev
Scalping Master XAU
Angga Anugrawan
Experts
ScalpingMaster XAU EA for MetaTrader 4 (XAUUSD) Overview ScalpingMaster XAU is an Expert Advisor (EA) for MetaTrader 4 (MT4) designed for XAUUSD (Gold). It uses trend-based entries and an optional grid-style position management. The EA also provides basket risk controls, including closing all open positions when a basket profit or basket loss level (in account currency) is reached. Trading involves risk and results depend on market conditions, broker execution, and settings. Main functions Tren
Fortress MT4
Shane Lee
5 (2)
Experts
Real Trading Account  LIVE SIGNAL 1K:  https://www.mql5.com/en/signals/2378166 Check Out All Our Products :   Click Here Fortress is an automated breakout Expert Advisor for MetaTrader 4 & 5, developed primarily for XAUUSD. The EA utilizes multiple confirmation algorithms and internal strategies to identify optimal breakout points at key support and resistance levels. Position sizing and trade frequency automatically adjust to the user's account balance and maximum drawdown settings, although
Bazooka EA
Davit Beridze
5 (4)
Experts
Bazooka EA – Expert Advisor di Trend e Momentum per MT4 MT5:  https://www.mql5.com/en/market/product/163078 Importante:   Pubblichiamo regolarmente file .set aggiornati nella sezione   Commenti . Assicuratevi di utilizzare la versione più recente per i vostri backtest e per il trading reale, al fine di garantire prestazioni ottimali con l'attuale volatilità del mercato. Bazooka EA è un Expert Advisor completamente automatizzato per MetaTrader 4 , progettato per operare sui movimenti direzionali
Forex Diamond EA
Lachezar Krastev
5 (6)
Experts
PROMOTION! -50% OFF Promo price: $267 (Regular price $547) Live Results:   https://www.mql5.com/en/signals/2379493 Forex Diamond EA – Reliable Automated Trading Powered by Smart Algorithms Forex Diamond EA is a proven expert advisor designed to deliver consistent results using a combination of trend and counter-trend strategies. Trusted by thousands of traders since its launch, Forex Diamond EA stands out with its intelligent trading logic, adaptive money management, and ability to thrive in va
Altri dall’autore
ABM System
Anatoly Garmatyuk
Experts
An automatic trading system created from the author's strategy, which is based on the analysis of configurations of three indicators: ADX, Bands and MA. The Expert Advisor has a highly customizable mode, it can trade using a fixed Stop Loss and / or Take Profit, dynamic Stop Loss and / or Take Profit, closing when an opposite signal appears, as well as various combinations of these modes. The system is designed for medium and long-term trading. The system is fully automatic. Please, pay attentio
Paze Win
Anatoly Garmatyuk
Experts
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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