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The market price always moves between the resistance and support levels. These levels form a channel in which the price moves, from time to time breaking through the boundaries and forming a new channel. The ZigZag indicator is used to search for a channel. The channel boundaries are indicated as 0% and 100% Inside the channel, the Expert sets the working levels (FIBO LEVELS SET group of settings) at which limit orders are set. You can set your own trading volume for each order (a group of LOT FOR LEVEL settings) For each open position, you can set a trailing stop (a group of TRAIL STOP settings) You can also close everything after achieving a set profit or loss, limit the size of the channel used and set the time of the Expert Advisor. This is all located in the COMMON SETTINGS group.

Restrictions in the form of SL and TP are set depending on the selected mode. Consider them:

The simple and intuitive parameters of the Expert Advisor allow you to make the correct settings on any instrument and timeframe, and the ability to configure each trading level separately and independently of the others allows for very precise adjustment of this Expert Advisor. The EA uses only limit orders, which automatically protects against spread expansion and negative slippage. You can make settings for any trading style yourself in the strategy tester (Ctrl R)

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Examples of self-configuration:

General tips that do not depend on the trading style: It is recommended to optimize the Expert Advisor at the beginning of each month. The period for optimization must be greater than or equal to the period for trading. The timeframe is selected depending on the trading style, the size of stops, takes and the size of the channel depend on it.

Screenshots with test results are attached to all trading examples. 

General tips that do not depend on the trading style: It is recommended to optimize the Expert Advisor at the beginning of each month. The period for optimization must be greater than or equal to the period for trading. The timeframe is selected depending on the trading style, the size of stops, takes and the size of the channel depend on it.

Screenshots with test results are attached to all trading examples. 

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