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Easy Channels EA

An Expert Advisor who is able to draw trading channels based on the highs and lows of prices and trades from the borders of these channels (when the price breaks through the boundary of the channel, or it touches and comes back). It has customizable options for trading on multiple channels and uses some indicators to improve trading (so that there are fewer trades). It also has options for improving optimization and for managing orders. It is possible to customize the trailing stop (both normal and fractals or parabolic).

Input parameters

  • Lots - lot size (at 0, the lot will be calculated from the percentage of available funds in the account);
  • Percentage of free money - percentage of free funds for opening each new transaction (works when Lots = 0);
  • MaxSpread - the maximum spread for opening a trade (for accounts with a floating spread, so that a trade is opened when the spread is not too large);
  • Magic - a unique identifier (it is necessary to do it differently, if several advisers are running in one terminal);
  • StopLoss - stop loss (in points);
  • TakeProfit - take profit (in points);
  • Stop to breakeven after - set stop loss to breakeven after passing the specified number of points;
  • MinProfitForAutoClose - the minimum profit for automatic closing of orders in case of a return signal (0 - do not close deals until you have taken a take profit);
  • TrailingStopValue - the trailing stop value in points, if the value is set to 0, then the trailing stop is not used;
  • SetStopToLastFractal - enable the installation of a stop loss for the last fractal;
  • StopToParabolicStep - parabolic step for trailing stop (0 - do not use parabolic trailing);
  • HistorySearch - the number of bars for searching and building channels;
  • Distance - the minimum distance from one maximum (or minimum) to another when building a channel;
  • Shift - shift a few bars back where a channel breakthrough is possible;
  • MinimumChannelWidth - the minimum channel width for opening trades (but not for plotting on a chart);
  • DrawChannels - display channels on a chart (slows down testing);
  • HistorySearch2 - the number of bars to search for additional channels with different parameters (0 - do not use additional channels);
  • Distance2 - the minimum distance from one maximum (or minimum) to another when building an additional channel;
  • Shift2 - shift for additional channels;
  • MinSignalPower - minimum signal strength for trading;
  • MaxCountChannels - the maximum number of channels for trading;
  • CountLinesNearPrice - the number of lines from the channels that relate to the price at the same time, so that there is a signal to open a transaction;
  • OnlyInsideChannel - trade inside the channel, exclude deals to break through the boundaries of the channels;
  • EnvelopesPeriod - period of the Envelopes indicator (0 - do not use this indicator for transactions);
  • EnvelopesDeviation - deviations of the Envelopes indicator;
  • StochasticLevels - Stochastic indicator levels (0-50, 0 - do not use);
  • StochasticPeriod - period of the Stochastic indicator;
  • AdxPeriod - period of the ADX indicator;
  • MinAdxLevel - the minimum level of the ADX indicator;
  • Trading start hour - the hour to start trading;
  • Trading end hour - the hour of the end of trading;
  • FastOptimizationParameter - The parameter of quick optimization of the adviser. The higher the value, the faster the optimization, but the quality of the trade is worse. The recommended values ​​are 1 or 0 for trading. For primary optimization, you can set the values ​​from 2 to 10.
  • ProfitToLossRatio - acceptable profit to loss ratio (0 - not specified, as well as further parameters);
  • CntHoursForVerificationOrder - the number of bars to check if at least one transaction has been opened;
  • MaxAllowableLoss - maximum allowable loss in the account currency for a specified number of bars;
  • IncLotAfterProfit - increase the lot after the profitable closing of the previous transaction;
  • DecLotAfterLoss - reduce the lot after the unprofitable closing of the previous transaction;
  • MaxLossesCount - the maximum number of losing trades, after which to stop trading (0 - not set);
  • ShowInfo - show information.



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PROP FIRM READY! ( download  SETFILE ) LAUNCH PROMO: Only a few copies left at current price! Final price: 990$ Get 1 EA for free (for 2 trade accounts) -> contact me after purchase Ultimate Combo Deal   ->   click here JOIN PUBLIC GROUP:   Click here New V2.2 Live Signal Old Live Signal Welcome to the Gold Reaper! Build on the very succesfull Goldtrade Pro, this EA has been designed to run on multiple timeframes at the same time, and has the option to set the trade frequency from very conser
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Marzena Maria Szmit
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The EUR/USD Multi-Strategy Trading Robot MT4 is an advanced tool designed to optimize trading by combining 3 key systems:   daily trading, volume analysis, and Fibonacci   retracement levels. This robot works by integrating these different approaches to create a more dynamic and adaptable strategy for trading the   EUR/USD pair . EA adapts to different market conditions, this makes it an ideal solution for traders looking to enhance their trading strategy with a powerful, multi-faceted approach.
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AW Trading Software Limited
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Marzena Maria Szmit
4.5 (26)
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Scalper Ai Expert
Vasiliy Strukov
4.56 (9)
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The artificial intelligence system analyzes a variety of indicators, including fractals, volumes, price action and decides to enter a position. Does not use grid and martingale. It has been successfully tested for more than 10 years of history Scalper AI uses two strategies in order to place pending orders in crucial market points.  1st strategy uses specific fractals of two different timeframes and 2nd one analyzes price action based on volume and places pendings on lows and highs. Stop loss is
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Peng Peng Gao
Experts
这是一种全自动智能自适应算法。MAX Gold  系统计算历史数据，并根据即将突破支撑位和阻力位的概率百分比执行分析，并下达挂单。 EA 交易可适应任何市场条件。它使用质量为 99,9% 的真实刻度进行了回溯测试和优化。它已成功完成压力测试。 EA 包含统计信息收集算法，并在信息面板上输出。 建议选择ECN经纪商和点差最低的账户。 货币对/时间框架： EURUSD M30、 EURUSD H1、 USDJPY M30、 USDJPY  H1、   GBPUSD M30 、 GBPUSD  H1 、 XAUUSD M30 推荐货币对/时间框架： EURUSD   H1 、USDJPY   H1   or  EURUSD   M30 、 USDJPY  M30  or  XAUUSD M30 需要 VPS。 要求和建议 5 位引号。 最大点差：0 - 20 点。 最低存款额：100 美元。 最大止损水平：0 - 5 点。 建议使用 1：100 或更高的杠杆。 如果您在同一个账户上使用多个 Advisor，请确保所有 Advisor 都有不同的 Magic Num
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Aura White Edition   is unique Expert Advisor that continues the Aura series of advisors. The Expert Advisor is based on the engine of   Aura Black Expert Advisor , but with a number of changes and author's settings for currency pairs. Innovative methods of the programme's approach to trading, and promising performance results are possible thanks to the use of modern technologies and methods. Aura White Edition is a fully automated EA designed to trade currencies only. Working pairs EURUSD, GBPU
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Free indicator to quickly detect trendline breakouts and high or low of a price range. It displays lines based on the highs and lows of prices, and also finds and displays inclined trend lines. As soon as the price goes beyond the line and the candlestick closes, the indicator signals this with an arrow (you can also enable an alert). This indicator is easy to use and also free. The number of candles for defining trend lines as well as the high and low of the trading range is configurable. It w
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Moving averages are very often used for analyzing currency pairs and trading. This Expert Advisor can analyze many moving averages at once and trade based on this. When the required number of moving averages signal a purchase, the adviser makes a purchase, if the indicators signal a sale, the advisor sells. Also, there is filtering spurious signals at low volatility based on the ADX indicator. In the settings of the adviser, you can set the required number of sliding ones, their period (the init
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Alexander Nikolaev
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This indicator is able to determine the price levels at which there was the most volume for the specified period of history. In the future, the price often bounces off such levels, and this can be successfully applied in trading. They are displayed as lines, some parameters for determining the levels can be adjusted. This indicator is simple, therefore, it does not report signals, and only builds levels on EUR/USD. Parameters HistoryBars - the number of bars to determine the near volume levels;
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Alexander Nikolaev
Experts
This Expert Advisor identifies trend reversals based on fractals and some other indicators. It is a free lite version of Three fractals Brief description of the trading strategy: when the fractals were formed after a prolonged fall, and the last fractal did not update the minimum of the previous bar's lower fractal, then a trend reversal is determined (at the same time, there must be a fractal in the middle, which is higher than the others). Similarly, opposite for growth. In case other indicato
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This EA implements the EMA 8/18 strategy, which is used by many traders. Brief description of the strategy: The Buy is determined when the EMA 8 indicator crosses the EMA 18 from below, with the price moving more than 50 points from the crossing. The buy position is opened when the price touches the EMA for the first time, after that, as the price rises, the trade is maintained by a trailing stop with a step of 30-35 points. The opposite is for opening a sell position. The parameters of the fast
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The utility manages other EAs' orders as well as the ones opened manually. It is capable of trailing the price (trailing stop function), set a stop loss and take profit if they have not been set before. When configuring the utility for an EA having no trailing stop function, place it to the new window with the same currency pair specifying the same Magic value (as for the EA orders the stop loss is to be applied to). You can set any timeframe. It does not affect the utility operation. Set Magic
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The demo version of the Colored Candles indicator - calculates the parameters of each candle, as well as its volume. After that, it paints the candles depending on their strength and direction. Bullish candles are colored green and bearish candles - red. The greater the power of the bulls or the bears, the brighter the color. You can change the colors if you want. The indicator helps to analyze the price movement, as well as market entry points. The more accurate signals are formed on the higher
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Volume Levels is a very important indicator for exchange trading. Most of the trades were performed on those levels. This indicator displays the price level that had the most trade volumes over a certain period of time. Often, the price bounces from those levels in the future, and it can be successfully used in trading. This is a demo version that works only on the USD/JPY currency pair. To work on all currency pairs, install the full version: https://www.mql5.com/en/market/product/15888 Param
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Alexander Nikolaev
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Volumes are one of the most important factors of trading, as it is the high volumes that move the market in either direction. But there are very few standard indicators for volumes in MetaTrader 4. The Volume Candles analyses the volumes of the trades and displays candles depending on these volumes. The candle appears once the required number of volumes has passed during trading (the VolumeCandle parameter). If the candles close frequently and are thin, then the volumes on the market are current
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5 (3)
Indicators
Volume Levels is a very important indicator for exchange trading. Most of the trades were performed on those levels. This indicator displays the price level that had the most trade volumes over a certain period of time. Often, the price bounces from those levels in the future, and it can be successfully used in trading. It works on any currency pair. Parameters HistoryBars - the number of bars to determine the near volume levels; Range - the maximum distance above and below the current price t
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Alexander Nikolaev
Experts
Some experienced trades can tell where the price will go even without indicators, as the direction of the price can be found using the ordinary candlesticks. The EA compares several nearest bars and their volumes, and opens a trade based on that data. Also, it is able to analyze the candles on two timeframes at the same time to make the entry more accurate and less risky. In addition, the EA can automatically determine the take profit and stop loss size depending on the size of the previous cand
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Version 1.2 2019.05.01
Added filters for stochastics and envelopes.
Version 1.1 2019.04.29
Added parameter OnlyInsideChannel,
edit the operation of the parameter CountLinesNearPrice.