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Smart Channel EA MT4

The trend in the market can be predicted using trend-lines but the problem is that you don’t know where exactly the price is going to touch the trend-line where you can put your pending orders on. Smart Channel Expert Advisor makes it possible to put an advanced channel around the price data which can be configured to handle placing orders, opening and closing positions, managing Risk per Trade, spread, slippage, and trailing stop-loss and take-profit automatically.


Features:

  • Money Management (Calculates Risk-Reward ratio, Volume, profit and loss)
  • Trend-Age-Aware Risk Management
  • Smart greedy algorithm for stop-loss trailing (New)
  • Hides Stop-Loss and Take-Profit from your broker
  • Status reports through push notifications, email and popup alerts
  • Supports both pending and instant execution order types
  • Share your channel configuration with your friends
  • Shows channel configuration errors and warnings
  • Easy adjustment graphically and numerically
  • Trailing Stop-Loss and Take-Profit
  • Spread specification table


Warning!

If you're not reading this from mql5.com click here.

  • Please don't hesitate to contact me directly if you have any question or difficulty related to this product. You will get instant responses to your questions sent through MQL5 messenger or other contact methods specified here.
  • Watch the tutorial video at the end of this description.
  • Don't forget to subscribe to my youtube channel.
  • Read the What's new section of this page to learn more about the latest updates and improvements.


How To Test Smart Channel EA

Smart Channel EA can be tested using the Metatrader Strategy Tester. Since this EA uses many graphical objects and the graphical events work only on live charts but not in the Strategy Tester, you won't be able to configure the channel graphically using the tester. Therefore we have programmed a set of graphically configured test cases to the EA to let you test most of it's features easily.


Use the following steps to test this EA:

  1. Open the strategy tester (Ctrl + R)
  2. Click the Expert Properties button and select a test case than click OK (Each test case name shows the Symbol, Timefame and the Start Date of the channel)
  3. Select Smart Channel EA from the expert drop down box
  4. Select the Symbol and Timefame based on the selected test case
  5. Set the Start Date based on the selected test case
  6. Set the End Date to one or two months later
  7. Adjust other parameters as you like
  8. Start the strategy tester
  9. Since graphical objects do not work properly in the tester you might experience a delay in repositioning the panel while resizing the tester window. So before the tester starts maximize the tester window.

Please note that all graphical objects including buttons do not work in the tester environment. It works on live charts properly as described in the tutorial video.

If you didn't see the channel while testing, check if the tester has started form the right date. Sometimes MT4 strategy tester fails to load data from the exact entered start date and it starts the tester from a later date. To avoid this problem you can use the most recent test cases.


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Panther Trader Pro
Michela Russo
Panther Trader Pro is a trading robot  for the trading on forex. This is a Trend Following system that trades mainly during Asian Session. The EA has been subjected to  stress tests  for a period of  17 years  and  passes every year  with a very advantageous profit/drawdown ratio. Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Fox Trader Pro ! (All future updates included) -> To Receive it, Please Contact me by mql5 message or
199 USD
Forecaster Alligator
Svetlana Visnepolschi
Forecaster Alligator   is a fully automated Forex trading robot using a combination of  NPS indicator  with standard  Alligator   indicator  in combination with RSI   and   RVI   indicators via the CPS technology. The strategy based on  Alligator   indicator is used as a confirmation factor - if the signals from  NPS  indicator and  Alligator   +   RSI / RVI   indicators coincide, the signal strength increases; if  NPS  indicator and  Alligator   +   RSI / RVI   indicators return opposite signa
85 USD
Turtle Scalper Pro
Michela Russo
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   Wasp Crazy Pro ! (All future updates included) -> To Receive it, Please Contact me by   mql5 message   o
199 USD
Red Hawk EA
Wim Schrynemakers
!! RED HAWK - LAUNCH PROMO !! ONLY 6/10 COPIES AVAILABLE AT 149$ NEXT PRICE -> 199$ Red Hawk is a "mean reversion" trading system, that trades during the quiet times of the market. It runs on 9 pairs currently: EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD and USDCAD. Recommended timeframe: M5 Since this kind of strategy works best with low spread and fast execution, I advise using an good ECN broker. My recommended broker for this strategy :  https://www.icmarkets.com/?camp=4
149 USD
ProFx MT4
Sergej Maehler
FxPro Expert Advisor  is a fully automated forex trading robot designed to work on the most traded currency pair EURUSD. The strategy based on breaking through price levels and does not uses lagging indicators, each entry point is calculated using an advanced input filter based on the analysis of the movement of the price chart. Each order is secured by a fixed stop-loss while profits are carried out using a dynamic stepwise algorithm to capture the maximum profit. Live Monitoring, EURUSD H1, D
499 USD
EA Almanac
Vasiliy Strukov
The adviser is looking for signs of a reversal during low volatility and the possibility of a rollback, averaging is used. Real-time results can be viewed here . Recommended pairs - eurusd usdchf usdcad audusd nzdusd Recommended Time Frame M15 For any questions you can write me a message here Telegram group here  telegram channel here   SETTINGS Start lots  -start lot. Use Money Manadgement  - on / off use of automatic lot calculation. Autolot. Free margin for each 0.01 lot  - the amount of fre
75 USD
AW Recovery EA
Alexander Nechaev
Advisor is a system designed to restore unprofitable positions. Simple setup, delayed launch during drawdown, locking, disabling other expert advisors, averaging with trend filtering and partial closing of a losing position built into one tool. The system of automatic calculations will prepare the settings in a few clicks. The use of partial closing of losses allows you to reduce losses with a lower deposit load, which ensures a more secure work with losses, in contrast to the grid strategies o
145 USD
Spider Crazy Pro
Michela Russo
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, then we see an high resistance to slippage Spider  Crazy Pro 
199 USD
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Versão 2.5 2020.09.17
Minor bug fixes and improvements
Versão 2.4 2020.08.20
The regression algorithm has been improved
Minor bug fixes and improvements
Versão 2.0 2020.04.21
1. Smart Channel EA now supports all types of pending orders.
2. A new smart greedy algorithm has been added for stop-loss trailing. To see how it works use a test case in the strategy tester.
Versão 1.2 2020.04.03
1. Saving function now saves the status of Buy,Sell and Ray buttons
2. Minor bug fixes
Versão 1.1 2020.03.08
For high resolution and large screens, you can now scale the EA panel using the new input parameter <Panel Scale>.