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EA Channel Exit

EA Channel Exit - can trade in automatic or semi-automatic modes

Calculates the trading channel based on the input settings and opens positions when the price goes beyond the channel boundaries

It can partially hedge the first opened position

All positions can be protected by the stop loss and take profit levels (real or virtual)

It can fix a profit based on a percentage of the balance or when a fixed profit is reached in the deposit currency

Does not use dangerous strategies such as Martingale or grid

Minimum deposit amount: 200 usd for one pair

Broker: any, recommended brokers: Tickmill, RoboForex, IC Markets

Account type: any, recommended account types: ECN, Pro, Pro STP, Raw Spread

Currency pairs: any, recommended pairs: EURUSD, GBPUSD, USDCAD, GBPNZD, GBPCAD

Timeframe: any, recommended H1

The indicator that is used in this strategy is here: https://www.mql5.com/en/market/product/65313

All settings are specified as for 4-digit quotes. For 5-digit numbers, everything will be recalculated automatically
Input settings:

GENERAL SETTINGS
Select Language - Select the interface language
Allow Trade - Includes/Disables automatic trading
Max Spread - Maximum allowed spread
Start Hour - The start time of the auto trade
End Hour - The end hour of the auto trade
Working Timeframe - The Working timeframe for calculating and opening positions. The Expert Advisor can be installed on any timeframe, but it will only trade on the TF that is specified in this setting
Channel Multiplier - A multiplier for determining the channel width
Channel Length - The length of the channel
Send Push notification - Allow / Prohibit sending messages about trading operations to the terminal on your smartphone

MONEY MANAGEMENT
Reserve - How much money to leave in reserve. Specified as a percentage of Use Funds
Use Funds - What funds to use for automatic calculation of the volume of positions
Use Autolot - Enable/Disable automatic calculation of position volume
Autolot Size - The amount of funds in the deposit currency for automatic calculation of the position volume
Fix Lot - Fixed lot size. It is also used for automatic calculation of the volume of positions when the Use Autolot = True parameter is enabled
Lock the first position - Includes/Disables locking of the first opened position
Lock lot multiplier - Multiplier for locking the first position
Max Open Orders, one directions - The maximum number of open positions in one direction
Min Open Orders to increase the lot - The minimum number of open positions, after which the EA will open increased volumes
Lot Multiplier for increase - Multiplier for increased volume positions
StopLoss - Stop Loss Level
TakeProfit - Take Profit Level
Basket TakeProfit - Take Profit level for a basket of orders
Close All profit, %  (if 0->OFF) - The percentage of profit from the deposit to close all positions
Min count Orders for Close Profit in % - Minimum number of open positions to close as a percentage
Close All profit, money  (if 0->OFF) - The amount of profit in the deposit currency for closing all positions
Min count Orders for Close Profit in money - Minimum number of open positions to close in the account currency
Reverse Signal - Flip the signal, it will open positions in the other direction
Use Virtual TP - Use virtual Take Profit levels
Min count Buy in Basket for close - The minimum number of BUY positions in the basket for setting the total TP
Min count Sell in Basket for close - The minimum number of SELL positions in the basket for setting the total TP

OTHER SETTINGS
Show Trading Statistical - Enable/Disable the display of trade statistics on the chart
Show Button Panels - Enable/Disable the display of panels on the chart with position control buttons
Draw Channel - Enable/Disable drawing channel levels on the chart
Draw Profit on the Chart - Enable/Disable the profit display for closed positions on the chart
Magic ID - Magic number of orders
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3.54 (26)
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Version 2.2 2021.09.07
Fixed some non-critical bugs.
Version 2.1 2021.08.29
1. Fixed an error on closing profitable positions when there is a lack of free funds for trading
2. Fixed the display of TP lines and the rearrangement of lines to new levels. This does not affect trading, only the visual perception
Version 2.0 2021.08.12
1. The Min Distance between orders parameter has been added to the settings, in which you can specify the minimum step between orders
2.The Multiplier from last lot parameter has been added to the settings. If the value is TRUE, the Expert Advisor will multiply the last lot by the value of Lot Multiplier for increase. If the value is FALSE, the calculated lot will be multiplied
3. The graphical interface has been changed

To update the Expert Advisor:
1. Save your settings to a set file
2. Disable auto trading in MT4
3. Update the Expert Advisor
4. Download the saved settings from the set files.
5. Enable auto trading in MT4
Version 1.90 2021.06.25
1. Improved the graphical interface
2. At the request of the moderators, the links in the Adviser's interface have been removed
Version 1.85 2021.05.19
1. The Slippage parameter is displayed in the settings, so that the user can specify the level of slippage himself
2. Added the ability to display breakeven lines on the chart when the Draw Lines BE = True parameter is enabled
3. Optimized some features to increase performance and reduce memory consumption

Update the Expert Advisor as well as previous versions
Version 1.75 2021.05.09
1. Information about the maximum drawdown on the instrument in percent and in the account currency has been added to the chart
2. At the request of users, two parameters Min count Orders for Close Profit in % and Min count Orders for Close Profit in money were added to the settings to indicate the total number of open positions, after which to enable closing when profit is reached in percent or in the account currency.

How to update if there are open positions:
1. Save your settings to a set file
2. Disable auto-trading in the terminal
3. Update the Expert Advisor from the Market
4. Download the saved settings from the set file
5. Enable auto-trading in the terminal
Version 1.65 2021.05.05
1.The Working Timeframe parameter has been added to the settings. This will help you tell the Expert Advisor on which TF to make calculations and open positions. For example, you set the value of the H1 parameter, and the Expert Advisor is set on the M15 chart. In this case, the Expert Advisor will still make calculations and trade on the H1 period
Version 1.55 2021.04.21
1.The parameter Reserve, %, for reserving funds has been added to the Expert Advisor settings. If the parameter value is greater than zero, the Expert Advisor will use only the funds remaining from the reservation for trading
Version 1.43 2021.04.16
1. Fixed a typo in the name of the Expert Advisor when sending Push messages
Version 1.42 2021.04.14
Fixed an error when setting a virtual TP if the Auto TP for Basket function = False
Version 1.41 2021.04.13
Fixed an error in calculating statistics on open and closed positions if Magic = 0 was set in the settings.
Version 1.4 2021.04.13
1. To disable the Close All profit, % and Close All profit, money functions, specify the values = 0 in the settings
Version 1.3 2021.04.12
1. In the EA settings, the Auto TP for Basket parameter is added, when enabled, EA will calculate the TP for the basket automatically, depending on the price movement, but not less than specified in the Basket TakeProfit parameter
2. The function of receiving a signal now works even when auto-trading is turned off, which allows you to trade in semi-automatic mode on the signals of the Expert Advisor
3. Fixed the error of commenting on orders that were opened manually using the panel on the chart
4. Added sending messages to the smartphone about the price going beyond the channel boundaries, when the Send Push-notification = True function is enabled

To update the EA, save your settings to a set file, update the Expert Advisor, download the saved settings, enable auto-trading
Version 1.2 2021.04.05
1. Two parameters have been added to the settings: Close All loss, % and Close All loss, money, to limit losses by the percentage of the account balance and in the deposit currency.
2. Information about the maximum drawdown was added to the chart: Max DD