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

May partially hedge the first position being opened

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

It can fix the profit as 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 per pair

Broker: any, recommended brokers: Tickmill, RoboForex, IC Markets, ValuTrades (Seychelles only)

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:

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

Input Settings:

[spoiler title=”Read More…”]

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

MONEY MANAGEMENT
Reserve – How much money to leave in reserve. Specified as a percentage ofUse Funds
Use Funds – Which funds to use for automatic calculation of the volume of positions
Use Autolot – Enable/Disable automatic calculation of the volume of positions
Autolot Size – The amount of funds in the deposit currency for automatic calculation of the volume of positions
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 positions of increased volume
StopLoss – Stop Loss Level
TakeProfit – Take Profit Level
Basket TakeProfit – Take Profit level for a basket of orders
Close All profit, % (if 0->OFF)> – 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 – The 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 to set the total TP
Min count Sell in Basket for close – The minimum number of SELL positions in the basket to set 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 showing profit for closed positions on the chart
Magic ID – Magic number of orders

[/spoiler]