Thanos channel breakout

Thanos Channel Breakout is a fully automated Expert Advisor based on price-action channel breakouts. No martingale, no grid, no averaging. Every position has a fixed Stop Loss and Take Profit from the moment it opens.

How it works

1. Detects an impulse candle (body significantly larger than the recent average)

2. Builds a price channel from the candles following the impulse

3. Projects a neutral zone above and below the channel, proportional to its height

4. Enters only when a candle closes beyond the neutral zone, in the breakout direction

5. Take Profit is a multiple of the channel height; Stop Loss sits beyond the opposite channel boundary

6. Optional single reversal trade after a Stop Loss, with an anti ping-pong limit — the cycle ends after the configured number of reversals

• One position at a time, fixed lot size — risk is transparent and predictable

• Works on netting and hedging accounts

• Time filter (block specific hours, avoid Friday afternoon)

• High-impact news filter (economic calendar)

• Margin check before every order; no trade is sent without sufficient margin

• All parameters configurable; clean chart visualization of channel and zones

Recommendations

• Symbol: XAUUSD, M5 (developed and tested on gold); also runs on FX pairs