Channel Moving Average
A fully automated Expert Advisor for making permanent profits in the Forex market with minimal risk.
Trading is based on building a channel using moving averages and analyzing the bars for the presence of setups for entry.
Please see all my products: https://www.mql5.com/en/users/en_coding/seller
Not used: grids, hedging, and other high-risk trading strategies, such as staying a drawdown by saving losing trades.
Each order is protected by a fixed stop loss.
The money management system is based on fixed volumes for entry, or on risk calculated from the stop loss for each open order.
Recommended trading conditions:
|Minimum deposit: ||- ||$ 100 |
|Type of account: ||- ||type of account: any, the adviser is not "broker-dependent", as don't use scalping. |
|Currency pair: ||- ||currency pair: in accordance with the optimized set, by default in the EURUSD adviser. |
|Timeframe: ||- ||timeframe: D1 (however, subject to optimization, the timeframe can be any). |
All sets attached to the adviser are 99% optimized for the quality of quotes, real spread and slippage.
The seeming simplicity of the settings in the osprey with a complex and proven algorithm makes this advisor the maximum and most effective tool for managing investments and trading in the forex market!
|SetsEA ||- ||the name of the sets for the adviser |
|MoneyManagement ||- ||money management choice |
|Risk ||- ||percentage of risk from available funds calculated from StopLoss |
|Lot ||- ||fixed volume of open positions |
|Multiply||-||inclusion of an increase in volume after a losing order|
|mLot||- ||volume increase ratio|
|MaxLot||- ||maximum volume when Multiply is on|
|MAPeriod ||- ||moving average indicator period for channel construction |
|TakeProfit ||- ||fixed take profit size in points* |
|StopLoss ||- ||fixed stop loss size in points* |
|CloseRevSignal ||- ||closing an order by a return signal |
|OpenAtOnce ||- ||opening an order in the same direction without waiting for a new bar |
|TrailingOrder ||- ||enable trailing orders |
|TrailStart ||- ||the number of points in the positive zone, after which the trailing stop starts* |
|TrailStep ||- ||trailing stop step* |
|MaxSpread ||- ||maximum spread for opening an order* |
|MagicNumber ||- ||unique number of opened orders |
|VisualMode ||- ||visual display of info panel, drawdown on the instrument and account |
|PanelColor ||- ||color info panel |
|TextColor ||- ||panel text color |
|LongLine ||- ||BUY color of the direction of opened orders |
|ShortLine ||- ||SELL color of the direction of opened orders |
Important: before using on real accounts, be sure to check the adviser and test.
Optimized code to speed up testing
Updated visual panel
Added comments to orders
Completely rebatable dashboard
The display system of the current drawdown for the instrument and account has been redone