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Smart Channel M5

5

The trend in the market can be predicted using trend lines but the problem is 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
  • 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


  • 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.
  • Watch the tutorial video at the end of this description.
  • Don't forget to subscribe to my youtube channel.


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. Go to the Overview tab, click Visualize and from the Expert dropdown select Smart Channel EA
  3. Go to the Inputs tab and select a test case(Each test case name shows the Symbol, Timefame and the Start Date of the channel)
  4. Go back to the Settings tab and 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 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.


Comentários 1
Roc_StormWings
94
Roc_StormWings 2024.04.06 01:25 
 

1- This is a professional job and execution from the financial and trading perspective, as it allows for a wide variety of ideas in statistical consistency. 2- Intuitive and informative UI implementation very elegant design 3- Low maintenance and high-performance code execution It makes my work easy and constant, especially risk management, as I trade on a minimum of 112 charts. I hope this product keeps improving to consider scaling 1 EA for all charts for risk distribution and operation performance other than that 10/10 recommend

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This Expert Advisor waits a position to be opened, no matter if you open manually or with the EA buttons or eventually via mobile: it creates a Grid in Anti Martingale with pending stop orders in the same direction of the first position. You can specify the number of orders, the size and the distance between the orders. You can also adjust the Monetary Target of the Grid, the monetary Stop Loss, the Intermediate Target (when reached the EA insert an order with opposite direction of the total pos
Features   With MT5 to Interactive Brokers(IB) Trader, you can: 1. Load chart data from IB to MT5, and Analyze with all standard or customer Indicators. 2. Place Orders to IB Account Directly in MT5. 3. Make your Own EAs upon IB Securities by only making minus changes of the trading function. Usage 1) Installation Copy the "Mt5ToIBTraderEn.ex4" and sample files to [MT5 Data Folder]->MQL5->Experts.  2)  MT5 Settings Add the IP Address to the MT5 Allowed URLs in 'Tools->Options->Exper
Hedge Ninja
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Make sure to join our Discord community over at www.Robertsfx.com , you can also buy the EA at robertsfx.com WIN NO MATTER IN WHICH DIRECTION THE PRICE MOVES This robot wins no matter in which direction the price moves by following changing direction depending on in which direction price moves. This is the most free way of trading to this date. So you win no matter which direction it moves (when price moves to either of the red lines as seen on the screenshot, it wins with the profit target yo
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Osama Essameldin Ibrahim Abdelaal
In the ebb and flow of financial markets, the Drawdown Manager (by Ofx) stands out as an essential companion for traders utilizing grid and martingale strategies. This innovative tool is engineered to provide an analytical approach to managing trading drawdowns. By selectively utilizing floating and realized profits, the DDM tactically help traders control their drawdown exposure during market downturns. Its customizable settings empower traders with the flexibility to adjust operations accordi
Meta Crypto Bot EA For For Binance Bot is a automatic trading Bot for Binance. EA use metatrader terminal to open trade on your Binance account. This is quantification system adopts a simple grid trading strategy, to make trade everyday. Users only need to select the corresponding investment style and click a key to start, and they can realize smart fool-style financial management. The system will intelligently match the corresponding quantification strategy according to the market situation. Cu
O Local Trade Copier EA é uma solução para traders individuais ou gerentes de contas que precisam executar sinais de negociação de fontes externas ou que precisam gerenciar várias contas ao mesmo tempo, sem a necessidade de uma conta MAM ou PAMM. Copia de até 8 contas mestras para contas escravas ilimitadas [ Guia de instalação | Guia de atualização | Solução de problemas | Perguntas frequentes | Todos os produtos ] 100% auto-hospedado Fácil de instalar e usar Nenhum instalador, arquivos de
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Roc_StormWings
94
Roc_StormWings 2024.04.06 01:25 
 

1- This is a professional job and execution from the financial and trading perspective, as it allows for a wide variety of ideas in statistical consistency. 2- Intuitive and informative UI implementation very elegant design 3- Low maintenance and high-performance code execution It makes my work easy and constant, especially risk management, as I trade on a minimum of 112 charts. I hope this product keeps improving to consider scaling 1 EA for all charts for risk distribution and operation performance other than that 10/10 recommend

Vahidreza Heidar Gholami
3699
Resposta do desenvolvedor Vahidreza Heidar Gholami 2024.04.06 09:40
Hello,
I appreciate your decision to choose my products and taking the time to share your experience. Thank you for your support.
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Versão 2.8 2022.06.15
1. Support for Screen Custom Scaling has been added
2. Bug fixes and performance improvements