Regression Channel Pro MT5

The Expert Advisor works on a linear regression channel. The EA trades from the channel borders and has the function of reducing the drawdown on the account by overlapping unprofitable orders.   The chart displays information about profit and draws the regression channel itself.

MT4 version https://www.mql5.com/en/market/product/56494

OPTIONS:

• PERIOD - the number of bars for calculation;
• COEFFICIENT - coefficient for calculating channel boundaries;
• DEGREE - channel construction type;
• MIN_CHANNEL_WIDTH - minimum channel width for entering a trade;
• PERIOD_ATR, TIMEFRAME_ATR - period and timeframe of ATR values for determining the average aolatility;
• START_LOT - initial lot;
• LOT_MULTIPLIER - lot multiplier in the order grid;
• MAX_LOT - maximum lot;
• STEP_ORDERS - order grid step;
• STEP_MULTIPLIER - order step multiplication factor, if = -1 then it is not used;
• MAX_STEP - maximum order grid step;
• OVERLAP_ORDERS - from which order to enable the order overlap function;
• OVERLAP_PIPS - minimum profit in pips for closing unprofitable orders;
• STOPLOSS, TAKEPROFIT - stop loss and take profit in pips, if = -1 is not used;
• BREAKEVEN_STOP, BREAKEVEN_STEP - level and step of breakeven, if = -1 is not used;
• TRAILING_STOP, TRAILING_STEP - trailing stop level and step, if = -1 is not used;
• MAGIC_NUMBER, ORDERS_COMMENT - magic order number and comment;
• START_TIME, END_TIME - time at which it is allowed to open orders. if = "00:00", then not used;