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Channel scalper EA MT5

5

Channel scalper EA

The EA trades in the SMA channel based on price change rate and volatility.

Trading starts 1 hour before rollover and 1 hour after rollover, from 23:00 to 01:00.

Trading settings from 23:00 to 01:00 are suitable for brokers using GMT+2 in winter and GMT+3 in summer.

If your broker uses GMT-0, the trading start time must be set between 20:00 and 22:00.

The EA does not use dangerous strategies, all trading orders are protected by a stop loss.

Currency pairs for trading eurusd, gbpusd, usdchf, usdjpy, usdcad, eurjpy, eurgbp, eurchf, gbpjpy, eurcad, euraud, gbpaud, gbpcad, gbpchf, audcad, nzdjpy, cadchf, chfjpy, audfjpy. Timeframe - M5

For the Expert Advisor to work, it is necessary to use ECN accounts with a minimum overnight spread.

The adviser must work 24/7. Use a fully configured and ready to go VPS Expert.

For the news filter to work, add the URL https://ec.forexprostools.com

to the list of allowed URLs, Main menu->Tools->Settings->Experts.

 


 Настройки

  • Use news filter - on/off
  • Show Inactive News - true/false. display of inactive news
  • Symbols 1 - GBP, EUR, CAD, USD, CHF news entry field example, add news on the GBPUSD currency pair in the Symbols 1 GBP field
  • Symbols 2 - input field for news on AUD,NZD,JPY example, add news on the AUDUSD currency pair in the Symbols 2 AUD field
  • Start trading - start trading.
  • End of trade - end of trade.
  • Friday trading - true/false
  • Trading on Monday - true/false
  • Close all open trading orders - true/false
  • The closing time of all open trade orders is 02:00, the time must be greater than or equal to the End of Trade time.
  • Trade market orders - true/false
  • Thanksgiving trading - true/false
  • Trading during the Christmas holidays - true/false
  • Type of initial lots - selection of the trading mode.
  • Margin usage, % - percentage of free margin.
  • Initial lot - fixed lot.
  • Lot change with balance - lot increase with constant balance
  • Max set - maximum lot in trade when using Margin % .
  • Balance step - 200
  • Lot step - 0.01
  • The channel volatility size is a significant expansion of the channel that you can start trading, (0 - the spread filter is disabled).
  • Take Profit - take profit (TP1 - conservative 50% channel, TP2 - aggressive 100% channel, TP3 - real TP 50% of the channel, TP4 - 50% of the channel is used from 23:00 to 01:00, 100% is used from 01:01 channel, TP5 - fixed hidden take profit with individual settings in pips (Hidden Take Profit-...).
  • Hidden Take Profit - 30 works when you select the TP5 mode in the menu, closing in pips is used.
  • Renewal start time for TP4 - 01:00
  • Stop Loss (0-off) - stop loss.
  • Hide Stop Loss - hide stop loss.
  • Modification of limit orders - modification of limit orders (1 - every new bar, 2 - every second bar, 3 - every third bar).
  • Breakeven step - breakeven step in pips.
  • Trailing Stop (0-off) - trailing stop value in pips (0 - disabled).
  • Trailing stop step - trailing stop step in pips.
  • Maximum spread for limit orders (0-off) - maximum spread, while limit orders are allowed, (0 - spread filter is disabled).
  • Maximum spread of market orders (0-off) - maximum spread when access to a market order is allowed, (0 - spread filter is disabled).
  • Comment - comment to orders.


Reviews 2
treade69fx
161
treade69fx 2022.05.17 20:35 
 

Amazing EA for an incredible price! It has a live signal on a reputable broker (ICMarkets) and already made 130% profit! There are so many EA that cost 1000$ and only have demo account or cent signal. This is a very unique and one of a kind system! Aleksei is also very responsive and always happy to implement different suggestions to suit his customers! I seriously recommend everyone to try this one, it is a hidden gem in the market!

Eldy Yakin Sinit
918
Eldy Yakin Sinit 2021.12.10 08:49 
 

This EA is awesome!

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treade69fx
161
treade69fx 2022.05.17 20:35 
 

Amazing EA for an incredible price! It has a live signal on a reputable broker (ICMarkets) and already made 130% profit! There are so many EA that cost 1000$ and only have demo account or cent signal. This is a very unique and one of a kind system! Aleksei is also very responsive and always happy to implement different suggestions to suit his customers! I seriously recommend everyone to try this one, it is a hidden gem in the market!

Aleksei Moshkin
18012
Reply from developer Aleksei Moshkin 2022.05.17 21:58
Thank you!
Eldy Yakin Sinit
918
Eldy Yakin Sinit 2021.12.10 08:49 
 

This EA is awesome!

Aleksei Moshkin
18012
Reply from developer Aleksei Moshkin 2022.01.10 22:43
Thank you!
Reply to review
Version 1.2 2022.02.18
Added news filter.
Added hidden Take Profit setting.
Fixed display of the trading lot selection menu in the information panel.
Version 1.1 2021.12.14
Fixed a bug with opening orders.