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Eternal Channel Breakout
Rafael Lanza Carioca
Eternal Channel Breakout A channel breakout Expert Advisor with ATR-based stop placement, an ATR trailing exit, and percent-of-balance position sizing. Every decision is taken on the close of a bar. --- WHAT IT DOES The EA watches a Donchian price channel of a configurable length. At the close of each bar, if price is above the top of that channel the EA opens a long position; if it is below the bottom, a short. While price stays inside the channel the EA holds no position and places no ord