Smart Channel M4

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. 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 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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Trade Copier Agent, çoklu MetaTrader(4/5) hesapları/terminalleri arasındaki işlemleri kopyalamak için tasarlanmıştır. Bu araçla, bir sağlayıcı (kaynak) veya bir alıcı (hedef) olarak hareket edebilirsiniz. Tüm ticaret işlemleri, sağlayıcıdan alıcıya gecikme olmaksızın kopyalanacaktır. Bu araç, 0,5 saniyenin altındaki ışık hızında kopyalama hızlarıyla aynı bilgisayardaki birden fazla MetaTrader terminali arasında alım satımları kopyalamanıza olanak tanır. Ticari Fotokopi Aracısı Yükleme ve Girdil
This is an Expert Adviser use for manual trading as a background EA or combine with external EA to open orders. Loss Recovery Trading is one of your options to handle the lose positions instead of using stop loss by setting a zone recovery area and target to exit the turn rounds sequence. How It Work? If the market goes against your first positions direction at the specific of losing points, the EA will open an opposite direction position with calculated larger lot size and also keep the first
Professional and highly customizable utility for automated trading. It can become an indispensable to any trader regardless of the skills. It will help to save the time that would be required for daily routine activities and it will allow to develop custom strategies. The utility can also work manually opened orders and orders opened by any other EAs. This can be applied to attempt to recover the losing trades or even save the trader form losing the deposit. The utility allows to automate the tr
Great for scalper/intraday weapon for your ease daily trading. Scalper weapon will suit's you for any trading condition, whether it's intraday / scalper this tool is important for you which providing the missing function on the native MT4 platform. You have to check Allow Auto Trading by pressing Ctrl+O, going to Expert Advisors tab, and checking " Allow automated trading" . also to ensure the " auto trading " is green. Input Parameters _MINIMIZED_AT_START: to chose whether the panel is minimiz
Market Pressure Dashboard is a new generation utility. Its main function is to assist you and give you operational ideas optimizing your analytical work. Using this utility you could monitor a lots of financial instruments (max 28 symbols FOREX) in a very simple way. The Market Pressure indicator allows you to customize the internal list of the symbols to be monitored. The opening function and position management with this panel will be much more comfortable and navigation charts very powerful.
Yazarın diğer ürünleri
MetaForecast M4
Vahidreza Heidar Gholami
5 (2)
MetaForecast, fiyat verilerindeki harmonileri kullanarak herhangi bir piyasanın geleceğini tahmin eder ve görselleştirir. Piyasa her zaman tahmin edilemezken, fiyatlarda bir desen varsa, MetaForecast geleceği mümkün olduğunca doğru bir şekilde tahmin edebilir. Benzer ürünlere göre, MetaForecast piyasa eğilimlerini analiz ederek daha kesin sonuçlar üretebilir. Giriş Parametreleri Past size (Geçmiş boyut) MetaForecast'ın gelecekteki tahminler oluşturmak için kullandığı çubuk sayısını belirtir. Mo
MetaForecast M5
Vahidreza Heidar Gholami
5 (3)
MetaForecast, fiyat verilerindeki harmonileri kullanarak herhangi bir piyasanın geleceğini tahmin eder ve görselleştirir. Piyasa her zaman tahmin edilemezken, fiyatlarda bir desen varsa, MetaForecast geleceği mümkün olduğunca doğru bir şekilde tahmin edebilir. Benzer ürünlere göre, MetaForecast piyasa eğilimlerini analiz ederek daha kesin sonuçlar üretebilir. Giriş Parametreleri Past size (Geçmiş boyut) MetaForecast'ın gelecekteki tahminler oluşturmak için kullandığı çubuk sayısını belirtir. Mo
MetaBands M4
Vahidreza Heidar Gholami
3.5 (6)
MetaBands uses powerful and unique algorithms to draw channels and detect trends so that it can provide traders with potential points for entering and exiting trades. It’s a channel indicator plus a powerful trend indicator. It includes different types of channels which can be merged to create new channels simply by using the input parameters. MetaBands uses all types of alerts to notify users about market events. Features Supports most of the channel algorithms Powerful trend detection algorith
MetaBands M5
Vahidreza Heidar Gholami
4.5 (2)
MetaBands uses powerful and unique algorithms to draw channels and detect trends so that it can provide traders with potential points for entering and exiting trades. It’s a channel indicator plus a powerful trend indicator. It includes different types of channels which can be merged to create new channels simply by using the input parameters. MetaBands uses all types of alerts to notify users about market events. Features Supports most of the channel algorithms Powerful trend detection algorith
Royal Scalping Indicator M4
Vahidreza Heidar Gholami
4.17 (6)
Royal Scalping Indicator is an advanced price adaptive indicator designed to generate high-quality trading signals. Built-in multi-timeframe and multi-currency capabilities make it even more powerful to have configurations based on different symbols and timeframes. This indicator is perfect for scalp trades as well as swing trades. Royal Scalping is not just an indicator, but a trading strategy itself. Features Price Adaptive Trend Detector Algorithm Multi-Timeframe and Multi-Currency Trend Low
Royal Wave Pro M4
Vahidreza Heidar Gholami
5 (3)
Royal Wave is a Trend-Power oscillator which has been programmed to locate and signal low-risk entry and exit zones. Its core algorithm statistically analyzes the market and generates trading signals for overbought, oversold and low volatile areas. By using a well-designed alerting system, this indicator makes it easier to make proper decisions regarding where to enter and where to exit trades. Features Trend-Power Algorithm Low risk Entry Zones and Exit Zones Predictions for Overbought and Over
MetaTrend M4
Vahidreza Heidar Gholami
Meta Trend Indicator is an efficient way to forecast and detect the trend in any market. It reveals the trend, support and resistance levels, volatility and the maximum potential target, all in one indicator. To adapt to the price and to decrease consecutive trend failures, the internal trend detector algorithm studies the market and dynamically chooses the right values for the internal parameters. This indicator is a perfect trend filter for any strategy or expert advisor. Features Super Adapti
Royal Scalping Indicator M5
Vahidreza Heidar Gholami
5 (6)
Royal Scalping Indicator is an advanced price adaptive indicator designed to generate high-quality trading signals. Built-in multi-timeframe and multi-currency capabilities make it even more powerful to have configurations based on different symbols and timeframes. This indicator is perfect for scalp trades as well as swing trades. Royal Scalping is not just an indicator, but a trading strategy itself. Features Price Adaptive Trend Detector Algorithm Multi-Timeframe and Multi-Currency Trend Low
Royal Wave Pro M5
Vahidreza Heidar Gholami
3.5 (4)
Royal Wave is a Trend-Power oscillator which has been programmed to locate and signal low-risk entry and exit zones. Its core algorithm statistically analyzes the market and generates trading signals for overbought, oversold and low volatile areas. By using a well-designed alerting system, this indicator makes it easier to make proper decisions regarding where to enter and where to exit trades. Features Trend-Power Algorithm Low risk Entry Zones and Exit Zones Predictions for Overbought and Over
MetaTrend M5
Vahidreza Heidar Gholami
Meta Trend Indicator is an efficient way to forecast and detect the trend in any market. It reveals the trend, support and resistance levels, volatility and the maximum potential target, all in one indicator. To adapt to the price and to decrease consecutive trend failures, the internal trend detector algorithm studies the market and dynamically chooses the right values for the internal parameters. This indicator is a perfect trend filter for any strategy or expert advisor. Features Super Adapti
Smart Channel M5
Vahidreza Heidar Gholami
5 (1)
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 (Calcul
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