EA Channel Exit 外汇EA

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