Channel breakout

1.       Using Inv Chanel indicator (attached).

2.       Some possible combinations to key into indicator (please put as variable in EA)

To trade eurusd put eurgbp and usdchf as pairs for indicator
To trade gbpusd put eurusd and eurgbp as pairs for indicator
To trade usdjpy put eurjpy and usdcad as pairs for indicator
To trade audnzd put audcad and nzdusd as pairs for indicator

3.       If indicator line closes above top channel – enter buy

4.       If indicator line closes below bottom channel – enter sell

Is it possible to disable EA, and use it only as an indicator too? If sell signal pls put red arrow at top of candle, if buy put blue candle below candle. Thanks!

Trade management

1.       Open two positions

2.       Second position shift to breakeven at “X” pips (variable)

3.       If auto stop loss enabled, stop loss is at nearby lowest swing for buy trade, or nearby highest swing for sell trade (possible for EA to see that?)

4.       If auto take profit is enabled, use reward ratio. If 1(risk):1(reward), tp level should be same distance as stop loss. If 1:2, tp is twice sl. If 1:0.5, tp is half stop loss.