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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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Mansour Babasafary
5 (3)
专家
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Evgeniy Ilin
专家
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Marzena Maria Szmit
4.69 (26)
专家
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Marzena Maria Szmit
4.81 (32)
专家
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Vasiliy Strukov
4.74 (1012)
专家
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Lo Thi Mai Loan
5 (4)
专家
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Yu Mei Cheng
5 (12)
专家
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Chen Jia Qi
5 (15)
专家
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AW Trading Software Limited
4.33 (73)
专家
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Boring Pips MT4
Thi Thu Ha Hoang
5 (12)
专家
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Wei Tu
5 (4)
专家
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Aleksandr Chebotaev
4 (2)
专家
Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
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Profalgo Limited
5 (6)
专家
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Babak Alamdar
3.93 (14)
专家
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US30 Scalper EA MT4
Lo Thi Mai Loan
5 (5)
专家
启动促销！ 当前价格仅剩少量库存！ 下一个价格： 1233 美元 最终价格：1993美元 Live signal:  https://www.mql5.com/en/signals/2220893?source=Site+Profile+Seller MT5:   https://www.mql5.com/en/market/product/107337?source=Site+Profile+Seller For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/users/lothimailoan/seller I am Los, please subscribe to receive more updates:   https://www.mql5.com/en/users/lothimailoan/news US30 Scalper EA是由一支经验丰富的交易和编码团队开发的下一代剧烈波动机器人。它专为在美国（US30）最受欢迎的华尔街指数之一上进行剧烈波动而设计。 该策
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Fanur Galamov
5 (16)
专家
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Sequoia mt4
Yvan Musatov
5 (1)
专家
The Sequoia Expert Advisor is a professional market analyst working using a specialized algorithm. Based on the analysis of prices over a specific time interval, it reveals the strength and amplitude of prices using a unique indication system based on real data. When the strength of the trend and its direction changes, the expert closes the current position and opens a new one. The bot's algorithms include signals about overbought and oversold markets. A purchase occurs if the signal falls belo
Future Sight MT4
Sang Sariaji Sakti
专家
$999.99 END ON MONDAY, JULY 22, 2024 !   "FUTURE SIGHT OFFICIALLY ONLY SOLD IN MQL5" SAVE YOUR MONEY FOR THE AUTHENTIC FUTURE SIGHT, NOT WORTHLESS PIRATED COPIES. NEXT PRICE $1250. FUTURE SIGHT IS EQUIPPED WITH HIGH SECURITY FEATURES AND HAS A UNIQUE CODE. THIS MAY STOP USERS FROM USING PIRATE FILES, IF APPROVED BY AUTHORIZED FUTURE SIGHT USERS, SO PROTECT YOUR MONEY! FUTURE SIGHT WITH A  WIN RATE OF MORE THAN 80% , OPENING 10 TO 20 OR MORE TRADING EVERY DAY ON 8 SYMBOLS, LOW RISK WITH  "SPECIA
Nasdaq100 Algo Trading MT4
Lo Thi Mai Loan
专家
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Ho Tuan Thang
3.73 (15)
专家
ONLY 3 COPIES OUT OF 10 LEFT AT $299! After that, the price will be raised to $399. Limited price $299 is only for 10 first sales. After 10 sales, the price will be raised +$100. Final price for Gold Trading Algo is $1999. IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. Forex EA Trading Channel:  Update the latest news from me Some Features: - No Martingale, No Grid - The order is always protected by Stoploss - EA is using in-bu
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Stanislav Tomilov
4.1 (10)
专家
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Soraya Bahlekeh
5 (9)
专家
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Lachezar Krastev
5 (6)
专家
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Valeriia Mishchenko
4.34 (50)
专家
EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT5 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
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Double Tops And Bottoms MT5
Alexander Nikolaev
4.86 (7)
指标
This indicator finds and displays the Double Bottom and Double Top technical analysis patterns. Signals (displays a message on the screen) if the shape was formed recently. Often after the appearance of these patterns, the trend reverses or a correction occurs. In order not to search for them yourself, or not to miss their appearance, it is enough to add an indicator to the chart. The indicator can be used on different timeframes and currency pairs, there are settings for a better search on a c
FREE
ADX Channel Indicator
Alexander Nikolaev
4.8 (5)
指标
This indicator forms a channel based on the readings of the ADX (Average Directional Movement Index) indicator, displays and informs the trader of a price reversal at the boundaries of this channel, and can also report when the price touches the channel boundaries. It also draws additional dotted lines, which depend on the readings of the + DI and -DI of the ADX indicator. It also has an option for filtering signals depending on the readings of the stochastic. The channel drawn by this indicato
FREE
Reversal Patterns for MT5
Alexander Nikolaev
专家
This EA finds technical analysis patterns that often appear before a trend reversal: Double Bottom, Triple Bottom, Head and Shoulders and their opposite counterparts. The Expert Advisor is able to identify them on the chart of a currency pair and trade when the pattern has been formed and it has been broken through. Also, in order to trade excluding unnecessary signals (for example, with weak volatility), you can adjust and optimize the readings of some indicators (Stochastic, ADX) and the filte
Colored candles
Alexander Nikolaev
指标
Some candles have a strong tendency to continue the movement or to revert it. With the help of the Colored candles indicator such movements are clearly visible. This indicator calculates the parameters of each candle, as well as its volume, and after that it paints the candles depending on its 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 indi
Trailing stop for advisors Pro
Alexander Nikolaev
实用工具
This utility is the improved version of Trailing stop for advisors. It 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. The Pro version features the ability to set trailing stop based on fractals and points of Parabolic SAR. When configuring the utility for an EA having no trailing stop function, place it to the new window with the same currency pair speci
Doji Finder Indicator MT5
Alexander Nikolaev
3.33 (3)
指标
The indicator analyzes the chart and identifies Doji candlesticks. Shows their appearance and signals the appearance of such a candle (if allowed in the parameters). Also, this indicator shows the strength of the reversal in the form of bars of different colors (the more green, the more likely the rise, the more red - the fall in price). The direction of the signal depends on the direction of the previous candles, as the Doji signals a reversal or correction. In the indicator settings, you can
FREE
Easy Bollinger Bands
Alexander Nikolaev
3.88 (8)
专家
This Expert Advisor trades based on the Bollinger Bands indicator. It performs trades after a price rebound from the borderlines of the indicator. It is simple to use, contains only a few settings, which are easy to understand. This is the simplified version of the Master Bollinger Bands Expert Advisor. For better trading results, it is recommended to use the full version of the EA: https://www.mql5.com/en/market/product/21788 The free version does not provide the ability to use multiple indicat
FREE
Easy Channels MT5
Alexander Nikolaev
5 (1)
指标
This indicator draws price channels. Easy to use. It has various settings, for example, you can configure it to show channels only for buy or sell, you can display trend lines instead of channels. There are many trading strategies that are based on trading in channels, you can trade on the rebound from the borders of the channels, or the breakdown of the channel.   Parameters History - the maximum number of bars for building channels; Distance - the minimum distance from one maximum (or minimum
EMA 8 and 18 Trading System
Alexander Nikolaev
2 (1)
专家
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
Doji Finder MT5
Alexander Nikolaev
专家
The Expert Advisor identifies Doji candles on the chart and opens trades when they appear (if they meet the specified parameters). In addition, the EA can also trade with the Engulfing candles. It can display the candles it is trading on, it also shows how the signal candle is set up. The exact settings of the signal candles can be changed and optimized. Also, the Expert Advisor has settings for additional indicators for filtering trade entries and can analyze trading volumes, so that, for exam
Easy Channels
Alexander Nikolaev
4 (5)
指标
The indicator draws price channels. It can be customized so that only buy or sell channels are displayed. Also, trend lines can be displayed instead of channels. This indicator is easy to use, but nevertheless, there are many trading strategies based on channel trading. Advisor based on this indicator:  https://www.mql5.com/en/market/product/37952 Parameters History - maximum number of bars to build channels; Distance - minimum distance from one High (or Low) to another when constructing a chann
FREE
Breakout Trend Lines Free
Alexander Nikolaev
指标
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
FREE
ADX Channel
Alexander Nikolaev
4.83 (6)
指标
ADX Channel is an indicator that plots the channel depending on the values of the ADX (Average Directional Movement Index) indicator. The resulting channel is a little similar to the Envelopes, but its lines depend on the market volatility. The sell trade is usually executed fast when the price touches and bounces from the upper line of the channel, buy - from the lower. It is recommended to trade when there is no significant news. The recommended timeframes: M5 - H1. The indicator is not design
FREE
Easy Parabolic Sar
Alexander Nikolaev
4.2 (10)
专家
The Expert Advisor places orders based on the points of the Parabolic Sar indicator. If your trading strategy utilizes this indicator, the EA will save you from the necessity to move your pending orders after every candlestick (e.g. 5 minutes or 1 hour) and will do it automatically. You can set the EA to open only BuyStop or only SellStop or both. Buy default both Buy and Sell are enabled. The EA does not use any indicators other than Parapolic Sar. Therefore you are to decide the time to run th
FREE
Break Lines
Alexander Nikolaev
4.8 (5)
指标
The indicator draws lines the the price highs and lows. Break through the high or low usually indicates trend change (or continuation). Once the price moves through a line, and the candlestick closes, the indicator draws an appropriate arrow (also, you can enable alerts). A deal should be conducted in the breakthrough direction immediately or after a slight rollback. It is best to trade following the trend on a larger timeframe. This indicator is easy to use, but nevertheless, there are many tra
FREE
Easy Candles
Alexander Nikolaev
3.25 (4)
专家
This is a simple and free Expert Advisor that trades candlesticks. It compares several nearest bars and their volumes, and opens a trade based on that data. Unlike the professional version , it analyzes only 1 timeframe. The recommended timeframes for this EA are H1, H4, D1, it works with any currency pairs. The parameters always need to be optimized before trading, as well as after some period of trading. Input Parameters Lots - lot size (if Lots=0, then the lot will be calculated based on th
FREE
Simple Trade MT5
Alexander Nikolaev
专家
This EA is easy to use, it does not have too complicated settings and algorithms for performing trading operations. It’s not optimized for long, it may appeal to those who recently decided to engage in trading on the exchange with the help of advisers, or who do not want to understand the settings for a long time. The basis of his work is several indicators (moving average, RSI, stochastic, ATR). Despite its simplicity, it has a custom trailing stop function, which can reduce the risks for a dep
Trailing stop for advisors
Alexander Nikolaev
4 (4)
实用工具
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
FREE
Bollinger with WPR demo
Alexander Nikolaev
3.75 (4)
专家
This Expert Advisor is the free version of "Bollinger with WPR scalper", which is based on the Bollinger bands and Williams' Percent Range indicators. Limitations of the free version: lot is fixed to 0.01, only the EURUSD currency pair is supported, trading time cannot be selected, trailing stop is not available. Nevertheless, it can make quite a lot of deals, so you do not have to wait for positions to be opened (with the appropriate settings and timeframes below H1). The EA can be used on time
FREE
Trend and correction indicator
Alexander Nikolaev
4.11 (9)
指标
The indicator finds strong trend movements of a currency pair over the specified number of bars. It also finds correction to this trend. When the trend is strong enough, and the correction becomes equal to the values specified in the parameters, the indicator generates a signal. You can set different correction values, while the best suiting are 38, 50 and 62 (Fibonacci levels). In addition, you can configure the minimum length of trend, the number of history bars for search and other parameters
FREE
Volume Levels MT5 Free
Alexander Nikolaev
指标
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;
FREE
Night Envelopes
Alexander Nikolaev
1 (1)
专家
This trading adviser is designed for trading during a low volatility, when the majority of the population sleeps or rests. You can set up any trading hours (for example, from 23 pm to 9 am) and the closing hour of all open trades. Can make no more than 2 transactions in one direction, so that it is not critical for the deposit. To open trades uses the lines of the indicator Envelopes. When testing and trading on the standard settings, be sure to optimize the trading time and transaction closin
Volume Levels USDJPY
Alexander Nikolaev
3.5 (4)
指标
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
FREE
Colored Candles Demo
Alexander Nikolaev
5 (1)
指标
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
FREE
Three Fractals demo
Alexander Nikolaev
2 (1)
专家
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
FREE
Volume Candles
Alexander Nikolaev
指标
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
Volume Levels
Alexander Nikolaev
5 (3)
指标
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
ProCandles
Alexander Nikolaev
专家
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
Multi Alligator Signals
Alexander Nikolaev
实用工具
It is good to know the presence of a trend on multiple timeframes at once. And even better - on multiple currency pairs at once. This indicator allows to quickly determine the presence of a trend or a flat on 8 timeframes and from 1 to 15 currency pairs at once. Multi Alligator Signals analyzes the signals of the Alligator indicator by Bill Williams on every timeframe (from M1 to W1) and multiple currency pairs (up to 15) simultaneously. If there is a buy signal, a green upward arrow is drawn, i
Parabolic And CCI
Alexander Nikolaev
5 (1)
专家
The EA detects strong movements using the Parabolic indicator and opens a trade. The Commodity Channel Index (CCI) is used as an auxiliary indicator. The CCI levels may depend on the ADX indicator values, which allows for better trading with different volatility. Also, the trades are opened depending on the RSI indicator values on a certain timeframe. Recommended timeframes: M5, M15, M30. Make sure to optimize the parameters of the EA for your account before trading. Input Parameters Lots - lo
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版本 1.2 2019.05.01
Added filters for stochastics and envelopes.
版本 1.1 2019.04.29
Added parameter OnlyInsideChannel,
edit the operation of the parameter CountLinesNearPrice.